A Study to Evaluate the Efficacy of Skilling Initiatives under CSR Programs during the Current Global Crisis in Maharashtra

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Ketan Deshpande

Abstract

The research paper aims to evaluate the efficacy of skilling initiatives under CSR programs in Maharashtra. With Section 135 of the Companies Act, India left on a striking investigation in mandating Corporate Social Responsibility (CSR) for large companies.CSR Expenditure has crossed to 35077 crore and is the cumulative expenditure by top 100 companies over the last five years (2014-19). 250mn workers by 2022 needs to be skilled and there is need to effectively utilize CSR Funding for Skilling. The methodology used will be Convenient Sampling of CSR heads who have contributed towards skilling programs from Pune/Mumbai region and a questionnaire is developed covering the outcomes on various aspects of skill development initiatives. CSR spend on skill programs create better society by enabling unemployed youth towards livelihood employee engagement by way of volunteering and giving back to the organization and society. Employee Engagement contributes towards success of CSR initiatives.

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