CSR Practices in Steel Authority of India Limited – A Descriptive Study

Ritika Maurya, Research Scholar

Ritika Maurya, Research Scholar Faculty of Commerce, B.H.U.

Keywords: CSR Practices, Steel Authority of India Limited, Corporate Social Responsibility

Abstract

Corporate Social Responsibility is the path to attain sustainable development including both social and
economic interest. It is a concept where organizations serve the society by taking the responsibility for the
impact of their activities on both the micro and macro environment in every aspect. For a Public Sector
Enterprise, the CSR practices become more important as the expectations of society are higher than from
any Private Sector Enterprise. Steel Authority of India Limited with the prestigious status of “Maharatna”
upholds high ethical standards in conduct of business and endeavors to fulfill diversified initiatives and
activities for sustainable development of society under Corporate Social Responsibility. Thus the present
study is aimed at highlighting the extent up to what the CSR practices are followed by the Steel Authority of
India Limited. Study also focuses on the initiative taken in new facets such as Medical & Healthcare,
Education,Livelihood Generation, empowering underprivileged sections of the society through Integrated
Development Center.