Corporate socia responsibility is the key role for inclusive social development

The concept of Corporate Social Responsibility (CSR) has evolved over the years; today it is considered a vital part of the strategic business of the corporations. It is the way of conducting business which makes corporate entities socially responsible citizens, visibly contributing to the social good. Socially responsible companies do not limit themselves to using resources to engage in activities that increase only their profits. They use CSR to integrate economic, environmental and social objectives with the company's operations and growth. With the New Companies Bill in the pipeline a legal acceptance to this vital concept would help further the cause and hopefully motivate organizational to undertake CSR proactively. It has many facets and it's important to note the interconnectedness of corporate governance, social inclusion and economic growth. This paper highlights how the intervention areas of CSR helpful towards nation building.