A study of Societal Initiatives taken by Companies for the Development of Gujarat State

Abstract

This paper attempts to study societal initiatives taken by companies for the development of Gujarat state. To meet the objectives of the study, the data have been collected from secondary sources and tabulated to make them more explicable and significant. From the data analysis, it can be seen that during the study period of four years, the amount spent by companies for societal initiatives has been continuously in an increasing trend in Gujarat. The study concludes that the progress of societal initiatives during the study period of four years is high, however, there are not covered all the districts for societal initiatives, whereas the companies are more focusing on education & health of average 62 %  areas of Gujarat state. This study also suggests that there should be coordination between companies and the government regarding the development of underdeveloped and developing districts of the state of Gujarat.

Keywords: Corporate Social Responsibility, Societal Initiatives, Companies, Development sectors (Abbreviation:CSR-Corporate Social Responsibility)