GROWTH OF CSR ACTIVITIES IN INDIA

The main objective of the business is profit maximisation. But apart from this corporate social responsibility (CSR) is a commitment to the community where the business exists. This study is conducted to examine the amount spent by Indian public and private sector companies and also to compare the amount spent by Indian cement, pharmaceutical and banking sector for CSR. This study is conducted for the period from 2012-13 to 2022-23. Mean, average annual growth rate, compound annual growth rate and SPSS software are used for the study. The study finds that private sector spends more for CSR activities than the public sector companies and the banking sector has the highest spending for CSR activities among the three selected sectors.