A Comparative Study of Thematic Corporate Social Responsibility Spending: Analysing Reliance and ONGC

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Aparna Gupta; Prof.Pravin Saxena

A Comparative Study of Thematic Corporate Social Responsibility Spending: Analysing Reliance and ONGC

Authors: Aparna Gupta, Prof.Pravin Saxena

Unique Paper ID: 174336
Volume: 11
Issue: 10
PageNo: 3541-3546

Keywords: CSR Reliance ONGC Thematic CSR

Abstract:
This study presents a comparative analysis of Corporate Social Responsibility (CSR) spending patterns of Reliance Industries Limited (RIL) and Oil and Natural Gas Corporation Limited (ONGC) over three fiscal years (2021–22 to 2023–24). It investigates how these two major corporations—representing the private and public sectors—strategically allocate their CSR funds in alignment with business objectives and national development goals. Reliance adopts a market-oriented strategy, channelling resources into rural transformation, healthcare, education, and sports, while ONGC follows a government-driven approach, prioritizing healthcare and education in compliance with regulatory requirements. The research draws on data from CSR reports and official filings, employing descriptive and comparative analysis to evaluate spending trends and thematic priorities. The findings reveal a steady increase in CSR contributions from both companies, underscoring the contrasting yet complementary nature of their approaches. The study suggests that blending strategic flexibility with regulatory alignment could enhance the overall effectiveness and social impact of CSR initiatives in India.

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Cite This Article

ISSN: 2349-6002
Volume: 11
Issue: 10
PageNo: 3541-3546

A Comparative Study of Thematic Corporate Social Responsibility Spending: Analysing Reliance and ONGC

Available:https://ijirt.org/article?manuscript=174336

Impact Factor
8.01 (Year 2024)

UGC Approved
Journal no 47859

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