Corporate Social Responsibility (CSR) is a concept whereby companies integrate social and environmental concerns in their business operations and in their interaction with their stakeholders on a voluntary basis. Corporate organizations have a crucial role to play in accomplishing the national agenda for skilling India. Besides meeting their demand for skilled and talented workforce, they also address requirements of the industry and engage with the larger community.
In the present Indian scenario, skilling is emerging as an important agenda towards developing the nation. With the rapid growth in every sector, there has emerged the need for skilled manpower to accelerate the development process. Therefore, to fulfill the growing demand for skilled workforce and boost the economy, the CSR wings of corporate entities are coming up to skill the youth, through direct involvement or collaboration with the non-profits.
In due course of the article, an overview of 10 big projects in CSR, with the largest skill development initiatives focusing on development of skill sets of the youth particularly are mentioned, providing a glimpse of skill development scenario in India.