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Time to Think Fresh: Innovative Models; Mass Impact Solutions

In: Corporate Social Responsibility in India

Author

Listed:
  • Sridhar Iyer

    (Ernst & Young Foundation)

Abstract

The passing of the CSR mandate in the Companies Act, 2013 has brought about a unique opportunity before organizations in India to innovate on models that can impact at scale, yet be frugal in terms of costs and yet bring about speed and rigour in implementation. Some of the opportunities include but not limit to enrolling children from financially deprived families in private schools by making use of the 25 % quota under the Right of children to Free and Compulsory Education (RTE) Act, 2010; improving the learning levels in the government schools by making the government system the principal stakeholder in the intervention or; by empowering Women Federations in rural India to make them self-sustaining. This paper seeks to critically analyze and explain these unique opportunities for the Indian corporations through high impact, high return innovative models, that can successfully unleash the true potential of India. These same models can be replicated in other sectors like health, nutrition and so on.

Suggested Citation

  • Sridhar Iyer, 2017. "Time to Think Fresh: Innovative Models; Mass Impact Solutions," CSR, Sustainability, Ethics & Governance, in: Nayan Mitra & RenĂ© Schmidpeter (ed.), Corporate Social Responsibility in India, pages 79-96, Springer.
    • Handle: RePEc:spr:csrchp:978-3-319-41781-3_7
    DOI: 10.1007/978-3-319-41781-3_7
    as

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