CSR Activity as a Measure of Efficiency in Central Public Sector Enterprises

Abstract

A large majority of Central Public Sector Enterprises (CPSE) have been in existence for more than six decades and might soon complete a century of existence. They may soon qualify to be called as companies ‘Built to Last’. Notwithstanding the clamouring for ‘privatisation’ and the frequent interference by the government in matters solely concerning the management, the large majority of CPSEs continue to show profits year after year. This is best exemplified by the long list of CPSEs contributing towards society’s overall development under the Corporate Social Responsibility (CSR) Act. This article considers the top seventy-seven CPSEs, ranging from the smallest to the largest, which have been supporting CSR activities in the country for the past several years.