Analytical Study of PSUs’ Environmental and Philanthropic CSR, Benefits to Local Beneficiaries in Odisha

Abstract

CSR of PSUs in Odisha is studied to find out the benefits of CSR to the local people. The environmental and philanthropic CSR are taken under the study by a mixed research method. Five selected PSUs are taken as the samples and found that the environmental CSR of PSUs’ is insignificant and not providing benefits to the local people. But the philanthropic CSR is highly impressive and benefiting to the local people. Henceforth, it is suggested to the executives of the PSUs that they should focus on practice of the environmental CSR to provide ultimate benefits to the local people and the planet. Finally, the executives should follow the NTPC’s CSR as the unique model for implementing the CSR and for providing benefits to the local beneficiaries. The CSR of NTPC, Kaniha is the role model CSR initiative for other PSUs in Odisha. Keywords: Selected PSUs, Environmental CSR, Philanthropic CSR, Benefits, Local beneficiaries