CSR activity as a measure of efficiency in central public sector enterprises
By: Debnath, Roma Mitra and George, Abi Antony
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Material type: 
BookPublisher: Indian Journal of Public Administration Description: 70(2), Jun, 2024: p,.256-271.Subject(s): Central Public Sector Enterprises, CPSE, Built to Last, privatization, government intervention, profitability, Corporate Social Responsibility, CSR Act, economic development, sustainability, governance, public sector, policy framework, social impact
In:
Indian Journal of Public AdministrationSummary: Central Public Sector Enterprises (CPSEs) have played a pivotal role in India’s economic and industrial landscape for decades. Despite ongoing debates about privatization and government intervention, many CPSEs continue to demonstrate resilience and profitability. Their sustained success highlights their ability to adapt to changing economic conditions while maintaining their core public sector responsibilities.
One of the most significant contributions of CPSEs is their commitment to Corporate Social Responsibility (CSR). Under the CSR Act, these enterprises have actively engaged in initiatives that promote social welfare, environmental sustainability, and community development. The long-standing involvement of CPSEs in CSR activities underscores their role in shaping India’s socio-economic progress. Their contributions range from infrastructure development to education and healthcare, reinforcing their status as institutions Built to Last.
A large majority of Central Public Sector Enterprises (CPSE) have been in existence for more than six decades and might soon complete a century of existence. They may soon qualify to be called as companies ‘Built to Last’. Notwithstanding the clamouring for ‘privatisation’ and the frequent interference by the government in matters solely concerning the management, the large majority of CPSEs continue to show profits year after year. This is best exemplified by the long list of CPSEs contributing towards society’s overall development under the Corporate Social Responsibility (CSR) Act. This article considers the top seventy-seven CPSEs, ranging from the smallest to the largest, which have been supporting CSR activities in the country for the past several years.- Reproduced
https://journals.sagepub.com/doi/full/10.1177/00195561231221817
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Articles
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Indian Institute of Public Administration | 70(2), Jun, 2024: p,.256-271 | Available | AR132302 |
Central Public Sector Enterprises (CPSEs) have played a pivotal role in India’s economic and industrial landscape for decades. Despite ongoing debates about privatization and government intervention, many CPSEs continue to demonstrate resilience and profitability. Their sustained success highlights their ability to adapt to changing economic conditions while maintaining their core public sector responsibilities.
One of the most significant contributions of CPSEs is their commitment to Corporate Social Responsibility (CSR). Under the CSR Act, these enterprises have actively engaged in initiatives that promote social welfare, environmental sustainability, and community development. The long-standing involvement of CPSEs in CSR activities underscores their role in shaping India’s socio-economic progress. Their contributions range from infrastructure development to education and healthcare, reinforcing their status as institutions Built to Last.
A large majority of Central Public Sector Enterprises (CPSE) have been in existence for more than six decades and might soon complete a century of existence. They may soon qualify to be called as companies ‘Built to Last’. Notwithstanding the clamouring for ‘privatisation’ and the frequent interference by the government in matters solely concerning the management, the large majority of CPSEs continue to show profits year after year. This is best exemplified by the long list of CPSEs contributing towards society’s overall development under the Corporate Social Responsibility (CSR) Act. This article considers the top seventy-seven CPSEs, ranging from the smallest to the largest, which have been supporting CSR activities in the country for the past several years.- Reproduced
https://journals.sagepub.com/doi/full/10.1177/00195561231221817
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