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Azim Premji: Philanthropy must come from within, CSR should not be mandated

Azim Premji highlighted that the Covid crisis was a “wake up call” to look at fundamental issues like the need to improve public systems like health, and changing the structure of society to become more equal and just.

Wipro Founder and Chairman Azim Premji. (File photo)

WIPRO founder chairman Azim Premji on Saturday said companies should not be legally mandated to engage in corporate social responsibility (CSR) as such contributions to society need to “come from within”.

Premji highlighted that the Covid crisis was a “wake up call” to look at fundamental issues like the need to improve public systems like health, and changing the structure of society to become more equal and just. “I do not think we should have a legal mandate for companies to do CSR. Philanthropy or charity or contribution to society must come from within, and it cannot be mandated from outside. But that’s my view.

 

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First published on: 21-02-2021 at 01:51:32 am
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