An Empirical Study Of Corporate Social Responsibility (C.S.R) In Indian Coal Mining Sector With Special Reference To WCL(Maharashtra)

Abstract

Since the Corporate Social Responsibility has become mandate on Corporates, it is required that an approach towards implementation of CSR activities for their stakeholders and society are to be adopted by Corporates in true spirit and on sustainable model. The explicit aim is to determine the relevance of the Corporate Social Responsibility (CSR) and its relationship with sustainability, in order to get the maximum result from CSR activities and to get long term benefit for beneficiaries. This study intends to examine how various industry stakeholders perceive, aspiration, and evaluations of the CSR initiatives of the Coal Mining sector.

The primary CSR initiatives undertaken by Western Coalfields Ltd. (WCL), a fully owned subsidiary company of CIL, are highlighted in this report. Five years’ worth of yearly reports, from 2015 to 2020, have been examined for the same. To learn more about how the employees, feel about the CSR initiatives performed by the PSU coal Mining company with operations in the Maharashtra region, a survey was conducted. This study shows that the improvement of health facilities, the development of rural infrastructure, and skill development are the key areas of WCL’s CSR investment.