There are many corporations that are venturing into social responsibilities, but recently the government has introduced some policies where this is being thrust onto corporations. What do you have to say about this?
Sri Sri Ravi Shankar: If the government says that companies have to spend 3% of their profits on social responsibility, a good corporation would spend 4% of their profits, and not limit to the 3% as per the government's guidelines.
It is a good thing that the government has given such a guideline. At least 2% to 3% must be given towards corporate social responsibility.
It is a good thing that the government has given such a guideline. At least 2% to 3% must be given towards corporate social responsibility.
I don't think there is anything wrong with this decision of the government. I think this one decision is very good, that every corporation should spend at least some percentage of their profit for the welfare of others.
This has been said in our Dharma Shastras as well. Anyone who gets any profit has to share a percentage of it for the welfare of society.