Corporate Social Responsibility Practices by Paradeep Phosphates Limited (PPL): An Analysis

Abstract

Purpose: Corporate Social Responsibility (CSR) is an integral part of a corporate sector. It means Commitment of the business undertaking for equitable growth and sustainable development of society. CSR is a business strategy act as driver for a corporate sector to contribute some things return to the society. This research paper is a careful attempt to analyse and evaluate the CSR practices of Paradeep phosphates limited (PPL) in Odisha. Design/Methodology: For the research purpose PPL is one of the largest private sector fertilizer companies in odisha is selected. It’s simple reason is that PPL is the friend of farmers. Farmers development would mean nations development. Doubling the farmer’s Income is the national goal of Country which is to be achieved with the support of PPL directly or indirectly. Data in this research has been Collected from annual Reports, SDGS reports, web site, director’s Reports, CSR reports of Paradeep phosphates limited. Appropriate Statistical tools & technique (mean, SD, Correlation Charts & Graphs etc) have been used. Findings: The outcomes of this research study Provides an insight about the CSR Practices and CSR fund allocation and CSR fund utilization as percentage of average profit of PPL. Research, practical and social implication: The study of CSR practice is a vibrant issue in India since many years back for Sustainable development of the society. The present research is of Value to the researcher and Practitioner of Corporate Social Responsibility. The research study I hope immensely helpful in guiding, regulating, and conducting in CSR Practices of all sectors of companies as well as researchers in national and international level. Research limitation: The Present research study is based on one Private sector manufacturing undertaking namely Paradeep Phosphates Limited (PPL) Originality/value: The research article is based on secondary data. Researcher tries to Collect all these information and analyse these observations with using appropriate tools to make its reality in mind of Practitioner, thinkers, policymakers and users of sustainable development of society.