http://www.iaeme.com/IJM/index.asp 1651 editor@iaeme.com International Journal of Management (IJM) Volume 11, Issue 5, May 2020, pp 1651-1664, Article ID: IJM_11_05_155 Available online at http://www.iaeme.com/IJM/issues.asp?JType=IJM&VType=11&IType=5 Journal Impact Factor (2020): 10.1471 (Calculated by GISI) www.jifactor.com ISSN Print: 0976-6502 and ISSN Online: 0976-6510 DOI: 10.34218/IJM.11.5.2020.155 © IAEME Publication Scopus Indexed CORPORATE SOCIAL RESPONSIBILITY IN INDIA: ISSUES AND CHALLENGES Bindu Sharma* Department of Management Studies, Graphic Era (deemed to be University), Dehradun, India. Bharti Sharma School of Architecture, Graphic Era Hill University, Dehradun, India. Anubha Kaushik University School of Environment Management, GGS Indraprashtha University, Delhi, India. *Corresponding Author ABSTRACT Corporate Social Responsibility (CSR), as a concept, has been the focus of deliberations and research over the past many years. India has a long history of individual and corporate philanthropy and the concept has been integral to Indian culture and value system since ancient times albeit informally. With the enactment of Companies Act in the year 2013 and subsequent amendments there to, the concept of Corporate Social Responsibility (CSR) has entered a new phase of evolution i.e. from being a voluntary activity to a statutory responsibility. Section 135 of the said Act mandates CSR contribution from every company that meets the prescribed threshold limits of net worth, turnover or profits. However, there are some grey areas in this provision and related rules which need further clarification for more efficient implementation of the Act. This paper discusses the concept of CSR and its evolution, pros and cons of mandated vis-à-vis voluntary CSR and issues and challenges involved in implementing the provisions of the Act and related rules. The paper also makes suggestions as to how these challenges and inadequacies can be resolved so that the objectives of the Act can be fully achieved. Keywords: corporate social responsibility, companies act, csr committee, unspent csr account, corona. Cite this Article: Bindu Sharma, Bharti Sharma and Anubha Kaushik, Corporate Social Responsibility in India: Issues and Challenges, International Journal of Management 11(5), 2020, pp. 1651-1664 http://www.iaeme.com/IJM/issues.asp?JType=IJM&VType=11&IType=5