AN ANALYSIS OF CORPORATE SOCIAL RESPONSIBILITY EXPENDITURE IN FERTILIZER INDUSTRY IN INDIA (A CASE STUDY OF CHAMBAL FERTILISERS AND CHEMICALS LIMITED)

Corporate Social Responsibility refers to a way company undertakes activities that positively affect the well-being of employees, local communities, the environment and society at large.These activities are needed to earn the trust and respect from all its stakeholders. The fertilizer consumption is increasing continuously which has contributed significantly to sustainable production of food grains in the India.Chambal Fertilisers and Chemicals Limited is a leading company in fertilizer industry in India. Its two hi-tech nitrogenous fertiliser (urea) plants are located at Gadepan in Kota district of Rajasthan State.The main aim of this research paper is to describe the Concept & Definition, Legal Provisions of CSR and CSR policy & practices of the company. This paper also analyses the CSR spending/ expenditure of Chambal Fertilisers and Chemicals Limitedduring the financial years from 2014-2015 to 2019-20. Chambal Fertilisers and Chemicals Limited plays a vital role in protection of the environment and development of the nation.

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Keywords: Corporate Social Responsibility (CSR), CSR Policy, CSR Practices, CSR Activities, CSR Projects, Programme & CSR Expenditure/Spending.


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