Corporate Social Responsibility

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VSRD-IJBMR, Vol. 1 (5), 2011, 290-298

RESEARCH ARTICLE RESEARCH ARTICLE

Social Responsibility towards Labour Welfare in Singareni Collieries Company Limited
1

P. Swapna*

ABSTRACT
This attempts at addressing the aspects of social responsibility of the business in light of labour welfare with special reference to Singareni Collieries Company limited. The linkages and the ethical considerations involved in employee welfare have been addressed with implications for labour welfare. The concept of social responsibility in its narrow contours has been equated with economic welfare. Conceptually as well as operationally, labour welfare can achieve through social responsibility, which in turn is closely linked to the concept of social welfare and the role of the state. Hence in this way, we can understand the importance of social responsibility towards lab our welfare. Keywords: SR: Social Responsibility, ISO: International Standard Organization, WG: Working Group.

1. INTRODUCTION
In modern Societies business occupies a dominating place affecting the life of the citizen more widely and intensively than any other institution or activity. The traditional way of looking at business was to make profits by hook or crook. A new approach to business is slowly growing and it is being increasingly felt that business has certain social responsibilities. Business is not an end in itself. It is only a means to achieve an end; the end is man and the Society in which he lives. Therefore, business must contribute to man 's happiness, freedom and his material, mental, moral and spiritual growth.

2. DEFINITION OF LABOUR WELFARE
Labour Welfare means working out things for the well-being of the lab ours. Knowing there wants and enabling them to fulfill there wants.

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Research Scholar, Ambedkar Chair, Acharya *Correspondence : [e-mail]

Nagarjuna

University,

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