Letters to the Editor - Moneylife- CSR

Letters to the Editor - Moneylife


This is with regard to “Has the scope of CSR been too narrowly
defined?” Any initiative to bring transparency in spending from CSR
(corporate social responsibility) funds and to curb use of black money
for fighting elections should be welcomed. Even the long list of
‘eligible’ activities that can be funded with CSR allocations has not
satisfied the corporates which crave for more flexibility.

In the matter of social responsibility and avoidance of unethical
practices in election expenditure, there are bound to be constraints for
any regulatory approach to succeed. The final ‘judge’ will be the
society and the aam aadmi who exercises his right to vote. The media and
the educated population should play their role in creating awareness
about the guidelines among the masses, who, in turn, should press for
self-regulation by corporates and politicians.

MG Warrier


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