NATIONAL VOLUNTARY GUIDELINES: MEASURING CSR OF THE INDIAN COMPANIES

In order to achieve the compliance with the requirement of following the social responsibilities, the government of India has developed National Voluntary Guidelines (NVGs). National Voluntary Guidelines (NVGs) on Social, Environmental and Economic Responsibilities of Corporate are guidelines for Indian Corporations to make them fulfill the requirements of social responsibility. NVGs serve as a unique guidance documents for the businesses of all size, sector, ownership or geography. NVGs are unique guidelines because they provide India Specific guidelines for the business. The National Voluntary Guidelines are given in the form of Nine (9) Principles with core elements of actual performance of Indian companies in terms of Social Responsibilities. In this paper, the author has made an effort to identify the principles of National Voluntary Guidelines which are necessary for the performance of Companies on the CSR front.

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Keywords: Compliance, Social Responsibility, National Voluntary Guidelines, Nine Principles, CSR.


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