'A Comparative Study Of Spending Money By Public Sector Units (Psus) On Corporate Social Responsibility Projects: With Special Reference to Iocl & Bpcl at the Time of Covid'

Corporate Social Responsibility has now emerged as a key component in achieving sustainable development. Companies have begun to assume the burden of social development. As commercial prospects expand, it becomes the obligation of enterprises to build society. Firms' social responsibility has evolved significantly; presently, companies must ensure that they engage in activities that benefit society in some way. The Indian government has shifted its stance on the social duty of the government, corporations, local governments, and state governments. The Government of India made Corporate Social Responsibility essential for certain kinds of firms with the adoption of the Companies Act, 2013. The Companies Act of 2013 becomes legally obligatory for Corporates are encouraged to invest in CSR programs identified by the Government of India. This research study investigates how corporations manage their funds and how they spend the money on social wellness programs. In this research paper, I will discuss the social activities on which corporations can spend money in the name of CSR activity, the minimum amount to spend on CSR activity, who must spend money? the legal requirements of CSR activities, the Government of India's view on CSR, and the Government of India's role in CSR activities.