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Although Corporate social responsibility (CSR) initiatives are voluntary in nature, there is a need for stronger mechanisms to ensure accountability and enforce responsible business practices. Without proper monitoring and enforcement, companies may not fulfil their CSR commitments or may engage in unethical practices. Analyse.

Topic: Important aspects of governance, transparency and accountability, e-governance applications, models, successes, limitations, and potential; citizens charters, transparency & accountability and institutional and other measures.

2. Although Corporate social responsibility (CSR) initiatives are voluntary in nature, there is a need for stronger mechanisms to ensure accountability and enforce responsible business practices. Without proper monitoring and enforcement, companies may not fulfil their CSR commitments or may engage in unethical practices. Analyse. (250 words)

Difficulty: Moderate

Reference: Live MintInsights on India

Why the question:

The article discusses the importance of expertise and strategic planning in implementing Corporate Social Responsibility (CSR) initiatives by businesses. It highlights that while CSR projects aim to make a positive social impact, they often require specialized knowledge and skills to be effective.

Key Demand of the question:

To wrote about the issues with CSR and steps needed to make it more effective.

Structure of the answer:

Introduction:

Begin by defining CSR and its evolution in India.

Body:

First, write about the various aims and objectives behind CSR in India.

In the next part, write about the various issues in CSR – lack of community participation in CSR activities, need to build local capacities, issues of transparency and non-availability of clear CSR guidelines.

Next, write about the various measures that are needed to make CSR more effective.

Conclusion:

Conclude with a way forward.