Oct 21, 2008, 08.24 PM | Source: Moneycontrol.com
CSR programmes are not charity: SK Munjal
It is important for the corporate world to find programmes that are not just charity, but are economically sustainable," Mr Sunil Kumar Munjal, Past President, CII and Chairman, Hero Corporate Service Limited, said here today.
He was speaking at the plenary session on 'Responding to the Challenges: Strategies for Sustained Growth and Inclusive Development here today. The session was a part of the two-day conference on 'Globalisation, Corporate Leadership and Inclusive Growth', the first flagship event being organized by Indian Institute of Corporate Affairs, established by the Ministry of Corporate Affairs, the Evian Group at IMD, Switzerland and the Confederation of Indian Industry (CII).
Pointing out that "globalization is a double-edged sword," he added, "we need to create an environment for all-round growth." He cited the example of CII's Rural Business House (RBH) initiative with the Ministry of Panchayati Raj, where sustainable business activity was done with the help of local skills and produce. "It is important to provide access to opportunity," Mr Munjal said.
Ms Veena Jha, Professional Fellow at
On his part, Mr Stuart Read, Professor and Dean for Research, IMD (
Similarly, Mr Manoj K Arora, Director, Ministry of Corporate Affairs, said that if inclusive growth is to be taken to the grassroots, it is imperative that people are made partners in growth. He said that the time has come to look at third generation reforms in
Sourced From: Confederation of Indian Industry