The Centre is considering changes to corporate social responsibility (CSR) norms to widen their scope and coverage. The penalty structure may also be reviewed to discourage non-compliance. These changes, once finalised, could be part of amendments to the Companies Act, 2013, as well as relevant rules. The government is also contemplating widening the eligible activities for CSR expenditure.
Ethical leadership and corporate social responsibility (CSR) have become essential for sustainable success in today’s business landscape. This article explores the significance of these concepts, their interplay, and the benefits they bring to organizations and society.
