Innovative Educational Corporate Social Responsibility Initiatives for Inclusive Growth in India – Challenges and Lessons Learnt

· Research Article, 16822
Author(s):
· ·

First and Second Author Affiliation: Dayalbagh Educational Institute, Agra, India. Third Author Affiliation: SRF Foundation, Gurgaon, India.

 

Abstract: The Companies Act, 2013 encourages the corporate sector to devote a fraction of their profits to enable education efforts in India. This is based on the premise that not only is education beneficial in itself, but it facilitates access to economic opportunities, which helps in poverty alleviation. This paper aims to understand the challenges faced by the corporate sector in implementing CSR programmes, through a case study approach of two organisations in the diversified infrastructure and chemicals sectors.  The key findings are that stakeholder management viz. community, government and schools, is critical to success for educational CSR to succeed. The corporate sector has to look towards a holistic approach for education development in the pursuit of key learning outcomes.  The key implications for practitioners from this study are to develop new and innovative solutions to deal with multiple complexities during implementation. They need to be sensitive towards the social and cultural context of their CSR programmes. For academicians, one of the suppositions is that they help generate consciousness and appreciation of difficulties faced at the ground level by the underprivileged among students, as well as, values rooted in creating a better world for the greater common good.

Keywords: inclusive growth, education, corporate social responsibility, industry.

 

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How to Cite:

MLA: 
Bhatnagar, Purnima, Shalini Nigam, and Y. Reddy. “Innovative Educational Corporate Social Responsibility Initiatives for Inclusive Growth in India – Challenges and Lessons Learnt.” Journal of Innovation for Inclusive Development 1.1 (2016): 26-32. 
APA: 
Bhatanagar, P., Nigam, S., & Reddy, Y. (2016). Innovative Educational Corporate Social Responsibility Initiatives for Inclusive Growth in India – Challenges and Lessons Learnt. Journal of Innovation for Inclusive Development, 1(1), 26-32. 
Chicago: 
Bhatanagar, Purnima, Shalini Nigam and Y Reddy. “Innovative Educational Corporate Social Responsibility Initiatives for Inclusive Growth in India – Challenges and Lessons Learnt.” Journal of Innovation for Inclusive Development 1, no. 1 (2016): 26-32. 
Harvard: 
Bhatanagar, P., Nigam, S. and Reddy, Y. 2016. Innovative Educational Corporate Social Responsibility Initiatives for Inclusive Growth in India – Challenges and Lessons Learnt. Journal of Innovation for Inclusive Development, 1(1), pp. 26-32. 
Vancouver: 
Bhatanagar P, Nigam S, Reddy Y. Innovative Educational Corporate Social Responsibility Initiatives for Inclusive Growth in India – Challenges and Lessons Learnt. Journal of Innovation for Inclusive Development. 2016 Aug 22;1(1):26-32.

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