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CSR Contribution by Indian Pharmaceutical Companies in Healthcare Intensification Activity

Author(s):

Akshay Popli , Delhi Pharmaceutical Sciences and Research University (DPSRU); Sahil Popli, School of Open Learning, Delhi University

Keywords:

Corporate Social Responsibility, Indian Pharmaceutical Companies, Health Enhancement Activity, Ministry of Corporate Affairs, And National CSR Portal

Abstract

Corporate social responsibility is a management concern through which organizations fuse environmental and social issues in their organizational processes. Through CSR companies attain equilibrium between the economic, legal, social, and environmental issues during fulfilling the expectations of interested parties of the concern. CSR interventions comprise support from government, society, corporate as well as the community itself. The principal aim of this research was to determine the CSR activity done by Indian Pharmaceutical companies in the different development sectors, health enhancement activity, as well as their total contribution to the country. A quantitative cross-sectional study was conducted in a different financial year for the same parameter of companies’ involvement in CSR contribution as well as for top 10 pharmaceutical companies and data is collected from secondary sources like journals, research papers, magazines, books, articles, newspapers, and Government websites. The data were analyzed using Microsoft Office Excel. According to National CSR Portal, Ministry of Corporate Affairs, and Indian CSR, the CSR contribution activity by Indian Pharmaceutical companies under the financial year 2019-2020 and 2020-2021 is fluctuate in different aspects due to pandemic situation, fund transfer to the unregistered social department as well as companies financially deficit.

Other Details

Paper ID: IJSRDV10I30344
Published in: Volume : 10, Issue : 3
Publication Date: 01/06/2022
Page(s): 194-203

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