Best social foundations of India

by Jenny Jonson Writer

The India is still in its take off stage. It means that it can’t be called a fully developed nation, nor can we call it an underdeveloped one. It is in fact the developing one. A developing country needs to invest the maximum fund in infrastructure and other avenues. This leads to lower budgetary allocation in social sectors.

Various social and not-for-profit organizations work continuously to help people from all strata of the society. These people are the unexplored human resources of the country having huge potential, but they are yet to be properly utilized. Every social foundation of India aims to bring out the best from these people.

 

What social foundations do in India?

 

1)    They give gainful employment to rural people.

2)    Many such social foundations are fully or partially funded by corporate companies.

3)    These organizations work in some crucial areas like the health, education and jobs.

4)    These days, every social initiative aims towards making women empowered.

5)    Many social initiatives focus towards poverty alleviation.

 

Companies also participate in such an endeavour. This is called a corporate social responsibility (CSR). It also aims at the welfare of the masses. These include a wide variety of activities under the aegis of big corporate houses.

 

Why CSR activities in India are very important?

 

1)    In recent past, there has been a huge growth in CSR activities in India. Companies directly intervene towards reducing poverty through such an initiative.

2)    CSR projects have tremendously helped to raise the standard of living of people.

3)    No longer is GDP growth the sole priority of the government. Today the government fully applauds the efforts of corporate houses towards their effort to make India an all round developed nation.

4)    Usually the vital areas of health and education are covered under social initiatives in India.

 

The history of CSR in India is very old. It can be traced back to the unrecorded historical days of the Vedic days, when the king used to fulfil the demand of his subjects through direct intervention. King directly helped the people while the merchants of those days used to fund the expenses of building religious places, wells, etc.

 

Few social programs also aimed at solving the problem of daily needs too. The Urban renewal initiative focused to bring peace in the lives of urban people. Urban people have to suffer with numerous problems that are identical to city life. Some CSR projects intend to look into these aspects.

 

Equally interesting is the way how any CSR in India looks into the prospect of enriching lives of rural people. Agriculture is the backbone of Indian economy. More than 60 % our rural workforce is engaged in the agriculture. Many stay unemployment at the latter part of the year due to seasonal variation, in such a time the CSR initiative goes onto provide employment to these people.

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Created on Dec 31st 1969 18:00. Viewed 0 times.

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