The face of CSR at the Village Level

Abstract

Any diverse society coming up with solutions with modern values, overriding the levels of exploration and cohesiveness of a religion3 is highly welcome. The objective of this paper is firstly to discuss how can villages woo corporates, create opportunities for business and bring about socio economic development of a region in the light of their CSR activities. Secondly where bigger plans cannot take off for want of resources, a combined number of villages can give ideas a shape Firms prioritizing compliance to profit through Management team reputation, respecting Human Rights issues ,opting for third party certification audits will charge premium and command high stock valuation. Engaging Employees where sustainability will show the money in the model. In this frame work a company is sourcing raw materials like wood or iron ore for making furniture or steel and paying royalties on the mines/plantations taken on lease for services rendered and through taxes paid to a local village government or the federation in this case (villages A,B,C and D ) for reinvestment in education, healthcare, agro diversity and sunrise sectors like Business Process Outsourcing, tourism, research labs, design and manufacturing assemblies etc . With this companies will be indirectly promoting liquidity, credit flow from the services these sectors begin to offer like provide stability to the secondary market, process re-engineering across the value chain, fight vendor consolidation risks, utilize Information Technology through cloud strategy as today businesses rather than habitability determines the growth of a township. Day by day companies read the writing on the wall that consumers are demanding more than a quality product at a low price with no window dressing when coming to values and adherence to law. Good causes like a played out mine flooded to create a lake or develop recreational facilities as the environment has value because it gives us – water, medicines, shelter and what it cannot give is open space and untrammeled wilderness. A village federation’s success depends on how much is decision making decentralized allowing access to data to make coordinated informed judgments. Consultation ,engagement, employment equity initiatives, cash profit sharing ,dual class share structure20 will show us some more interesting faces of CSR.