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Corporate social responsibility should not be restricted to the mandatory 2 per cent spending, but to ensure that businesses run the ethical way, according to Arun Maira, Member Planning Commission.
“While it was good for corporations to think of philanthropy, it is also important to ensure that the money used for the purpose comes from ethical means,” he added, speaking at a CII conference on inclusive development and sustainability, titled ‘Responsible Growth: A Business Imperative’, in Mumbai.
Responsible growthBusiness leaders have a duty to ensure responsible growth, factoring sustainability and inclusive development, Maira said. Corporate citizens, businesses must be responsible for their behaviour and the consequences thereof.
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