THE making of corporate social responsibility mandatory in 2013 marks a major milestone in the history of Indian business. This was a logical step following the introduction of the Voluntary Guidelines for Responsible Business (2009 and 2011) and the requirements of Business Responsibility Reporting by the top 100 companies (2012) issued by the government earlier.
While historically many Indian businesses have had a tradition of philanthropy and charity, this regulation made it mandatory for companies. . .
