The responsibility of the organization to the workers includes : (i) The payment of fair wages (ii) Arrangement of proper training and education of the workers (iii) The installation of an efficient grievance handling system (iv) Welfare of family members (v) The provision of the best possible working conditions Identify the correct combination :
(i), (ii), (iii) and (v)
A firm's social responsibility towards its workers covers the obligations that flow directly from the employment relationship: fair reward, development, a fair hearing and a safe, healthy place of work.
(i) Payment of fair wages is the most basic duty, since wages must match the worker's effort, skill and the cost of living. (ii) Arranging proper training and education lets workers improve their skills and earn promotion, so it is a recognised duty. (iii) An efficient grievance handling system gives workers a fair channel for complaints and is a standard obligation of a responsible employer.
(v) Providing the best possible working conditions, such as safety, hygiene, lighting, ventilation and reasonable hours, is equally a direct responsibility towards workers.
(iv) Welfare of family members is not part of the standard list. Such support is a voluntary or community-level welfare measure that goes beyond the employer's direct obligations to the workers themselves, so textbooks place it outside this list.
The correct combination is therefore (i), (ii), (iii) and (v).
Hence, (i), (ii), (iii) and (v).
Important Questions from Corporate Social Responsibility (CSR)
What is the minimum prescribed net profit threshold for Companies to be required to undertake Corporate Social Responsibility activities under clause 135 of the Companies Act, 2013?
Which of the following changes was introduced in 2024 under the Companies Act amendments to enhance corporate social responsibility (CSR) transparency in India?
What is the 'Triple Bottom Line Approach' in CSR as mentioned in the passage?
Given below are two statements :
Statement (I): CSR is a holistic and integrated management concept whereby companies integrate their industrial and future objectives with their business objectives.
Statement (II): In this modern digitalized world, business are required to be mindful both in terms of what they are doing and how they are doing.
In the light of the above statements, choose the most appropriate answer from the options given below:
What is the consequence for companies that fail to most the CSR spending requirement as per the new amendments?
