New Delhi, Mar 25: At the 'National Conference on Inclusive and Responsible: The Next Face of India Inc", organized by the Confederation of Indian Industry (CII)-ITC Centre of Excellence for Sustainable Development, Mr Salman Khurshid, Minister of State for Corporate Affairs and Minority Affairs spoke about the importance of Corporate Social Responsibility (CSR) and corporate governance.
Corporate governance can be a laboratory for good political governance in India, said the minister, who was the chief guest at conference.
He added that government can be the catalyst when society sets the expectations on the various aspects of corporate governance.
Noting that making development sustainable should be a priority, Khurshid said that this is only possible through CSR. He also said that government does not want to moral police the companies and therefore they should take up the responsibility to change CSR from a philosophy to to real deliverables.