Indian business corporations that meet certain criteria specified by the government are required by law to support initiatives that promote the socio-economic growth of the country, which is known as Corporate Social Responsibility in India or CSR. CSR activities may include initiatives for abolishing hunger and poverty, promoting education, protecting national art and heritage, etc. among others.

Importance of CSR in India

• India, the nation with the largest rate of citizens living below the poverty line, suffers from an extreme lack of resources. Low literacy rates, inadequate infrastructure, pollution, etc. are various problems that affect the nation.
• CSR activities benefit a business’s brand image and reputation, staff productivity, and financial success at the organisational level. But on a larger scale, they contribute to national growth by bringing about socio-economic development.

The Status of Education in India

• Although millions of students enrol each year in public schools all across the world, only a small portion of them succeed in finishing their schooling. The cause of this is that most government and government-aided schools offer poor quality education.
• The expectation that girls should be responsible for household chores is the main reason for the rising rate of female students dropping out of schools in India, especially in the backward rural areas.
• Poverty, unemployment, and discrimination based on caste, gender, and other societal barriers are other contributing causes that forbid children belonging to vulnerable groups from completing their education.

Role of CSR in Education

• CSR in education continues to be a natural investment option that can help contribute to the sustainable development of the business ecosystem. While some believe that the government should be responsible for providing equitable education, others believe that quality education results from healthy competition between the public and private sectors.

• From global illiteracy to the unemployability of educated human resources in some countries, education requires innovative, structured, and scaled inputs which can be achieved through CSR in education.

Need of CSR in Education 

More than 8 million children In India are unable to exercise their right to education and are forced to engage in labour, household work, etc. CSR in the education sector can offer a host of advantages that can result in better funding for educational institutions, improving the overall quality of education and enhancing the future employment prospects of students.

Why Is It Beneficial for Businesses To Team Up With NGOs for CSR in Education?

Though the CSR requirement allows businesses to establish their own charitable arm, not all of them are prepared for it. Many businesses lack the bandwidth to undertake welfare projects on their own, as this requires them to allocate funds and time to training employees, hiring people, and bringing consultants on board, etc. Instead, it is preferable for them to collaborate with credible education NGOs as these institutions have the right resources and connections to help them fulfil their CSR initiatives in an efficient manner.

If you search online for “education NGO in Mumbai”, you can find a trustworthy NGO that can assist your company in implementation of its Education CSR projects. Apart from businesses, individuals can also extend their support to such an NGO through volunteering or donations.