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Originally Posted by srh  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. |
To my mind, the price of the land is indeed a small price to pay, for what the community gets in return. Hundreds of millions of dollars of investments which affect the local community either directly or indirectly. Regardless of their motives, the net result is still beneficial for the community as a whole.