Corporate social responsibility is how companies manage their businesses to produce an overall positive impact on society. CSR believes in the idea of sustainability and also believes that it should be one of the core values of any business. Corporate Social Responsibility is practiced all over the world as an important voluntary activity in which the companies work for the benefit of the society without expecting any profit in return. The acts are done not only to help society but also work in favor of the company’s goodwill hence the work is not solely done for welfare purposes. Corporate Social Responsibility as a global perspective is nothing new but from the Indian perspective when we talk about Corporate Social Responsibility, it has roots in India much before from the entry of any other external factors in India, although the term might be new. We find evidence of the existence of Corporate Social Responsibility in the Scriptures from ancient times. India has one of the world’s richest traditions of Corporate Social Responsibility (CSR). The term CSR may be relatively new to India but the concept can be found in various documents of history and various religious books.

CSR in India has come a long way from the time when Mahatma Gandhi presented the “trusteeship model of CSR”. In 2013 Companies Act was passed, replacing the previous 57-year-old act of 1956. This new act has denoted a section of the CSR mandate for certain companies.

If we see the religious traditions being followed in India for centuries promote Don and savor. The majority of philanthropy in India was carried out by religious activities. But after World War One a new face of philanthropy was born which was corporate philanthropy. Urine business leaders stood up for the political fight for independence and during this time Mahatma Gandhi proposed a model of trusteeship. In this model, the business tycoons would understand their responsibility towards society and contribute towards it through their wealth. This led to a rise in the relationship between the wealthiest Indians and those below poverty after independence. A new plan was released by the government that promoted liberalization which also meant inequality. There was a stark difference between rich and poor. Liberalization, globalization, and privatization led to governments thinking about how we can make the best out of the corporations today dozens of NGOs lawyers journalists corporations, etc contribute to nation-building. 

In conclusion, we can say that the concept of Corporate Social Responsibility is a very old concept as it has been discussed in all the historical documents, and for a very long time, religion was the sole driver of encouraging people to carry on the activities for the welfare of society.