SME Times News Bureau | 22 Feb, 2019
Corporate Social Responsibility (CSR) is mutually beneficial
relationship between corporates and society, said Commerce Minister Suresh
Prabhu on Thursday.
Addressing the 17th FICCI CSR Awards today at the FICCI CSR Summit and Awards, Prabhu said corporates
and society were not mutually exclusive, one cannot survive without the other.
CSR should not be seen as mere responsibility but a mutually beneficial
relationship for both.
the event, Rajashree Birla, Chairperson FICCI CSR & Community Development
Committee, invoked the Gandhian philosophy of moral responsibility to bring
about a change. The propagation of khadi by Gandhiji, she said, has today
become a movement and an enterprise development model.
that the entrepreneurial instincts of tens of millions of India had given rise
to over 36 million MSMEs.
this country have taken the enterprise development solutions for the
empowerment of the vulnerable sections. The time now was to propel it to the
next level, she added.
CSR Summit and Awards is an annual event of the FICCI Aditya Birla CSR
Centre for Excellence that promotes sharing, acknowledging CSR Best
practices, opportunities for partnerships, scaling and replicating CSR programs and was instituted
in 1999 by FICCI.
The summit deliberated on various aspects of
incorporating Enterprise Development Model in CSR, the impact of CSR in India.