Mar 14, 2022
In 2014, India introduced CSR law being the first country in the world to make it mandatory.
The corporate sector was initially taken by surprise and many of them perceived this as an additional tax burden. India also saw a new government in 2014, which was under pressure by Industry Bodies and Associations to overturn the law. Instead, the new government wanted the corporate sector to play an active role in the development of the nation and encouraged companies to start thinking in the direction of nation building through CSR.
