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Old 7th February 2008, 15:38   #11 (permalink)
srh
BHPian
 
Join Date: Jun 2007
Location: Bangalore
Posts: 140
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It is CSR cum PR cum philantrophy cum vested interest. Many birds killed in one stone. The vested interest part is because these companies get huge tracts of land at heavily subsidised rates. The land is acquired forcibly by the state from farmers for this purpose. Whatever these companies spend on CSR activities is a pittance in comparison to the price of the land which they get.
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