Corporate Social Responsibility with Special Reference to Cement Industry of Satna District (M.P.)

Abstract

The cement sector is taken as most polluting industry as compared to other industries in the world. The establishment of such industry has been creating varieties of severe problems and issues to the community and society. The current review deals with the initiatives considered by cement industries in context of CSR for the welfare and upliftment of the affected community in and around the area, where it is established. Societal and environmental sustainability are linked with development for economic sector. The most important vital element of any enterprise in long run can be maximizing or earning profit, but by safe-guarding environmental and also social issues. There of, enterprise need to set up a proper balance between economical benefits with social in addition to environmental contributions with proper execution of enterprise responsibility towards environment as such : Waste reduction, minimization of cost on fuels, material, environmental management as well as eco-efficiency. Through this paper an attempt is made towards CSR by cement companies analogously, provisions for New Companies Act,2013.Data is collected through secondary data and also various compilation of unpublished and published sources, are also used as other sources of data.