Professional Documents
Culture Documents
SUBMITTED BY:
PROJECT GUIDE:
Affiliated To
University of Mumbai
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CERTIFICATE
This is to certify that Mr. Akshay Gulab Shinde has successfully completed the
project work as a part of academic fulfilment of Master of Management Studies
(M.M.S), Semester IV examination.
Date:
Director Sign:
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DECLARATION
Roll Number: 33
Signature:
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ACKNOWLEDGEMENT
Successfully completing this project report can never be claimed as many individual
efforts in fact. I have been helped by a number of persons from my institute while
preparing this report. I offer all the due regard and gratitude to coordinator Dr. Sonali
Kale and faculties of the M.M.S. department for their constant support extended
towards me.
Finally, I am thankful to my friends and batch mates for their feedback, suggestion,
and positive criticism of my report.
Date –
Signature of student
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EXECUTIVE SUMMARY
The approximate ratio of public schools to private schools in India is 7:5. Major
policy initiatives in Indian education are numerous. Up until 1976, education
policies and implementation were determined legally by each of India's
constitutional states. The 42nd amendment to the constitution in 1976 made
education a 'concurrent subject'. From this point on the central and state
governments shared formal responsibility for funding and administration of
education. In a country as large as India, now with 28 states and eight union
territories, this means that the potential for variations between states in the
policies, plans, programs and initiatives for elementary education is vast.
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Of those schools managed privately, one third are 'aided' and two thirds are
'unaided'. Enrolment in Grades 1-8 is shared between government and privately
managed schools in the ratio 73:27. However in rural areas this ratio is higher
(80:20) and in urban areas much lower (36:66).
Poorly resourced public schools which suffer from high rates of teacher
absenteeism may have encouraged the rapid growth of private (unaided)
schooling in India, particularly in urban areas. Private schools divide into two
types: recognised and unrecognised schools.
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Table of Contents
Chap no. Chapter Name Page no
1 Acknowledgement 5
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CHAPTER: I
INTRODUCTION
INTRODUCTION:
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A trade-off always exists between economic development, in the material sense,
and the welfare of the society and environment. Social responsibility means
sustaining the equilibrium between the two. It pertains not only to business
organizations but also to everyone whose action impacts the environment. This
responsibility can be passive, by avoiding engaging in socially harmful acts, or
active, by performing activities that directly advance social goals.
Corporate Social Responsibility or CSR has been defined by Lord Holme and
Richard Watts in The World Business Council for Sustainable Development’s
publication ‘Making Good Business Sense’ as “…the continuing commitment
by business to behave ethically and contribute to economic development while
improving the quality of life of the workforce and their families as well as the
local community and society at large".
CSR is one of the newest management strategies where companies try to create
a positive impact on society while doing business. There is no clear-cut
definition of what CSR comprises. Every company has different CSR objectives
though the main motive is the same.
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economic development, in the material sense, and the welfare of the society and
environment.
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CHAPTER- II
INDUSTRY OVERVIEW
For Contacts:
Vision:
Mission:
Blue Parijaat Foundation was established under Section 8 in Sept 2020 in the
wake of Covid Pandemic, recognizing the huge impact of the catastrophe on the
marginalized population in terms of basic needs, well-being and education.
OUR PROGRAMS
- 10 female and 1 male students being supported for current academic year-Degree in
medicine - 2, Degree in engineering - 1, Diploma in Civil Engineering -1, Degree in
Pharmacy - 1, Masters in IT - 1, Masters in Arts - 3, sBachelors in Arts- 2
- 50 children received bedsheets and blankets before the onset of winter in Sitapur,
UP
CHAPTER- III
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RESEARCH METHODOLOGY
RESEARCH METHODOLOGY:
Before undertaking any task, it becomes very essential for anyone to determine
the problem of study. I have adopted the following procedure in completing my
study report.
1. PRIMARY DATA:
I decided primary data collection method because our study nature does not permit us
to apply the observational method. In the survey approach, we had selected a
questionnaire method for taking a customer view because it is feasible from the point
of view of our subject & survey purpose.
2. SECONDARY DATA:
It was collected from internal sources. The secondary data was collected on the basis
of organizational files, newspapers, management books, preserved information in the
company’s database and website of the company.
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LITERATURE REVIEW
McDonald’s leaders are always looking for better ways to keep employees
engaged and the business moving forward. Embodying this philosophy, the
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Caspers Company McDonald’s restaurants in Florida have long offered GED
and scholarship programs. And in 2001, the franchise established a tuition
reimbursement program for managers and crew.
But as Executive Vice President and Risk Manager, Ed Shaw knows, tuition
assistance is only valuable when employees pursue a degree program that
engages them and provides a good return on the investment. “Since we started
offering tuition assistance, I’ve seen more and more of our employees gravitate
toward private institutions, which are very expensive,” said Ed. “In some cases,
one class at a private institution was the same price of an entire semester of
community college, so frankly, I was getting disenchanted.” His point of view is
a common one among the 76 percent of employers that report offering a tuition
reimbursement benefit.
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remained high because, first, unemployment rates of secondary school
graduates were even higher (sharply reducing foregone earnings), and secondly,
public universities charged low fees, subsidizing young, relatively high social
class Indians to take higher education despite probable unemployment for a
time after graduation.
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CHAPTER- IV
DATA ANALYSIS & INTERPRETATION
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.
The National Corporate Social Responsibility Data Portal is an initiative by Ministry
of Corporate Affairs, Government of India to establish a platform to disseminate
Corporate Social Responsibility related data and information filed by the companies
registered with it.
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Maharashtra
Top 10 Companies
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List Of Companies
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INTERPRETATION-
From the chart, we can see that the top 10 companies spending on CSRs
Maharashtra. It is observed that one of the largest industries is India Reliance
Industries Ltd. spends the most 38,300 lakhs INR on CSR. It is followed by
Reliance Retail Ltd. and Reliance Jio Infocom Ltd. This list also includes other
stalwarts like the Serum Institute, Tata Sons Private Ltd., Bajaj Auto, etc. An
increasing number of top companies are spending more than their required 2%
target which helps in improving customer retention and increases employee
engagement.
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Top
10
List Of District
Raigad 12,971
Aurangabad 6,154
Nashik 5,269
Thane 5,233
Nagpur 2,061
Ahmednagar 2,022
Ratnagiri 1,818
Nandurbar 1,652
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Top 10 Districts
30,000
25,000
20,000
Amount Spent(inr lakhs)
15,000
10,000
5,000
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Pu iC ai
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ba R an N ed an
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INTERPRETATION-
From the chart, we can see that Pune District has been receiving the highest
CSR contribution in the state which is 27,898 Lakhs INR. It is because the
increasing companies and private sector. It is followed by Mumbai city which is
the financial capital of India. Raigad is also in the top 3 districts receiving
highest CSR for building homes for Tribal families and much more.
Aurangabad, Nashik, Thane, Nagpur also makes to Top 10 list receiving highest
CSR in Maharashtra.
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Top 10 Sectors
Others 2076
From the chart, we observe that CSR is mostly spent on Education, Differently
abled lives and livelihood sectors in Maharshtra. Health, Hunger and Poverty is
a sector which falls 2nd in the list. This list also includes Environment, Animal
Welfare, Rural development, Gender Equality, Women empowerment, etc. That
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is what CSR means that a business has the responsibility to do good and should
be socially accountable to it’s customers,stakeholders and world at large.
CHAPTER - V
FINDINGS & SUGGESTIONS
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FINDINGS:
Consumers say they pay attention to two things: (1) companies that are going above
and beyond with CSR efforts and (2) companies that are being called out for poor
CSR performance or wrongdoing. Clearly, simply keeping up with the pack will not
be enough. Companies must strive to get the right kind of attention through bold
goals and clear, consistent CSR initiatives. Companies must also put words into
action, and communicate their CSR efforts in a way that grabs the attention of today's
increasingly perceptive consumer.
2.Seeing is Believing
According to the survey, nearly all global consumers expect companies to act
responsibly, but 52% still need to hear or see proof of a company's CSR initiatives in
order to believe them. To dispel any trace of doubt or distrust, companies must
develop comprehensive CSR programs, share their efforts, and publish their results
across multiple touch points.
Broadly speaking, the study suggests that this is an opportunity to engage consumers
more fully in new CSR solutions and collaborate to push the boundaries of
responsible consumption and lifestyle by giving consumers more opportunities to
create individual impact while also developing corporate branding.
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4.Leverage New social media
Study data also revealed that consumers now get their CSR information from a host
of media that ranges from advertising to company websites and social platforms. So
corporations must step-up their communications in a manner that effectively connects
with their target audiences, and embrace emerging technologies and social channels
to educate consumers about CSR efforts, create a dialogue, and inspire and show
them how to take action.
SUGGESTIONS:
1. Provide greater incentive for companies to focus on first keeping the law.
Corporate leaders and their general counsels would give compliance issues a higher
priority if they recognized the risk of increased scrutiny on the legal angle of their
global operations. In Timberland's case, its sole performance indicator for monitoring
is "percentage of factories assessed.” If the company were mandated to report legal
compliance, this would be a much stronger indicator of actual working conditions.
3. Support company compliance staff, which must often make unpopular requests. In
the experience of many staff, it seems as if upper management must be persuaded to
support not only CSR goals, but regulatory recommendations as well, e.g., factory
reimbursement of workers who were not paid legally.
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4. Increase the number of companies engaged in these issues. If companies regard
factory monitoring as a potential legal liability, they are more likely to attend to it
whether or not they have a penchant for CSR.
CHAPTER- V
CONCLUSION
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Conclusion
CSR is the concept of work that goes beyond the typical corporation task, job, and
profit perspective and provides an appropriate channel through which both the
owners and their employees can seek and gain meaningfulness through work.
Corporate social responsibility is actually an unsentimental but powerful business
decision.
According to the Professor of Business Rosabeth Moss Kanter, Companies that are
adopting the CSR policies today are actually taking the path-breaking steps which
would definitely benefit them in the future. Kanter wrote in her review: “Companies
that are breaking the mold are moving beyond corporate social responsibility to social
innovation. These companies are the vanguard of the new paradigm. They view
community needs as opportunities to develop ideas and demonstrate business
technologies, to find and serve new markets, and to solve long-standing business
problems.”
Practicing CSR policies can bring positive outcomes for the organizations and the
external stakeholders. It is important for businesses to get involved in community-
based CSR initiatives to brand their products or services in the communities and at
the same time show their human face to the consumers.
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BIBLIOGRAPHY
Websites:
• www.wikipedia.com
• www.csr.com
• www.unido.org/csr
• www.csr-company.com
• www.csrindia.org
• www.teachcsr.com
• www.iccsr.org
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