Download - School of Management, KIIT University
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Indian Railway’s Renewed Vision: Inclusive and integrative growth through....<br />
35<br />
will continue to keep its service focus<br />
on the underprivileged and the poor,<br />
even as it expands its services for the<br />
more fortunate. It will cater to the needs<br />
<strong>of</strong> the people across geographies and<br />
income strata as well as ethnic, religious<br />
and social diversities. It will better<br />
connect centres <strong>of</strong> commerce and<br />
industry, places <strong>of</strong> pilgrimage, historical<br />
sites, and tourist attractions, as also<br />
ports to hinterland. Railways also must<br />
reach the remote and underserved<br />
areas <strong>of</strong> the country to bring them into<br />
the national mainstream <strong>of</strong><br />
development”. As outlined precisely in<br />
the VISION 2020 report, IR has four<br />
strategic national goals:<br />
• Inclusive development, both<br />
geographically and socially;<br />
• Strengthening national integration;<br />
• Large-scale generation <strong>of</strong><br />
productive employment; and<br />
• Environmental sustainability.<br />
Though railways have been playing<br />
the role <strong>of</strong> an agent <strong>of</strong> cultural and socioeconomic<br />
catalyst since ages, <strong>of</strong> late it<br />
has realised its greater role <strong>of</strong> a conduit<br />
<strong>of</strong> inclusive and integrative growth. So this<br />
paper intends to evaluate the aspects <strong>of</strong><br />
inclusive growth potential <strong>of</strong> IR under<br />
conducive environment which is socially<br />
and economically acceptable, with<br />
emphasis on the transport need <strong>of</strong> the<br />
poor not only by reduction <strong>of</strong> travel cost,<br />
but also through other holistic<br />
approaches.<br />
1.1 Corporate Social Responsibility<br />
In the “Corporate Social<br />
Responsibility Voluntary Guidelines”,<br />
2009 (Corporate Social Responsibility<br />
Voluntary Guidelines, 2009 Ministry <strong>of</strong><br />
Corporate Affairs, India Corporate<br />
Week,Dec,14-21) http://www.mca.gov.in/<br />
Ministry/latestnews/CSR_<br />
Voluntary_Guidelines_24dec2009.pdf, it<br />
is emphatically conveyed to corporate<br />
India to voluntarily adopt CSR. The<br />
guideline is a forward-thinking, affirmative<br />
move by the government as is evident from<br />
its view that “CSR must not be seen as<br />
philanthropy and, in fact, needs to be<br />
merged with core business vision and<br />
goals.” So we can underscore the fact that<br />
Indian Railways have opened up in the<br />
right direction to achieve a holistic growth<br />
status in the near future.<br />
1.2 CSR - A synonym to Sustainable<br />
growth<br />
Quoting our former President A P J<br />
Abdul Kalam at an CSR award function<br />
organised by industry body Assocham<br />
(Ref:-Corporate Social Responsibility<br />
should be sustainable: APJ Abdul<br />
Kalam, PTI Dec 20, 2012, 10.29PM,<br />
IST, http://www.assocham.org/) “CSR if<br />
it is implemented with sustainability as a<br />
focus, then it enhances business<br />
sustainability, provides new opportunities,<br />
develops customer loyalty and improves<br />
stakeholder relationship,”. He added<br />
“sustainability has assumed greater<br />
importance as it directs towards<br />
conservation <strong>of</strong> the environment and