Impact of CSR on Education Sector

Meeta Sengupta ()
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Meeta Sengupta: Advisor Education and Skills

A chapter in Corporate Social Responsibility in India, 2017, pp 33-50 from Springer

Abstract: Abstract The CSR mandate has faced much debate among India Inc. as an extra tax on corporates, incurring additional administrative burden and a rather indirect way to direct corporate behaviour. However, there was little debate on the inclusion of education within the purview of the mandate as the gap between need and national spend in education (3.9 % of India’s Gross Domestic Product—GDP, though the ask was for at least 6 %) was evident even to the most cursory observer. This chapter seeks to recognise the need for CSR contribution to education in India, understand the history of education and philanthropy existing in India, the CSR spend on education, the impact of the CSR legislation on it, the three large trends that supported PROFESSIONALISING of CSR IN EDUCATION and role of CSR in education.

Keywords: CSR funding; Professional monitoring; Education infrastructure; Educational capacity building; Funding learner skills; Education funding; Innovation funding (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:spr:csrchp:978-3-319-41781-3_4

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DOI: 10.1007/978-3-319-41781-3_4

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