The good and not so good of corporate social responsibility: A critical review of a Maharatna company in India Molla Zakir H.1, Mitra Sarbani2 1Zakir H. Molla, Center for Environment and Development, Kolkata, West Bengal, India - 700068 2Sarbani Mitra, Professor, Department of Environment Management, Head, Department of Executive Management, Indian Institute of Social Welfare and Business Management, Kolkata, West Bengal, India - 700073 Online published on 19 November, 2020. Abstract This paper aims to review the status of corporate CSR practices in a large Maharatna Company in India by critically appraising the resource application in the spectrum of focus areas, schedule VII of the CSR rules, and consequent impacts. The study also focuses on the geographic spread of the social investments over a period. The findings based on the disclosure in the public domain show that through various social interventions the company in the stated focused area has complemented the developmental process of providing infrastructure on education, skill development, health, women empowerment to lift disadvantageous people out of poverty and drudgery. There has been increased focus and resource allocations in government-driven policies and the majority of the investments are in the area of health, sanitation, education, skill development and rural development. The investments are concentrated in and around the operating area as per policy in synchronization with prevailing act thereby creating spatial inequality. Top Keywords Corporate Social Responsibility, Social Investment, Corporate CSR Practices, Companies Act. Top |