Beyond Philanthropy: Strategic CSR and Poverty Alleviation in Indian Family-Owned Firms

Author(s)	Dr. Rajesh Kumar Vishwakarma, Mr. Saif Maurya
Country	India
Abstract	This study examines how Indian family-owned enterprises employ Corporate Social Responsibility (CSR) to reduce poverty beyond philanthropic giving. It explores how company values, strategic planning, and stakeholder collaboration influence CSR practices. Using mixed methods—including data analysis and qualitative insights—the study compares the CSR approaches of major firms such as Tata, Reliance, Adani, and Aditya Birla. Findings suggest that family businesses often develop community-rooted programs aligned with national priorities and the United Nations’ Sustainable Development Goals (SDGs). These initiatives reflect embedded social commitments shaped by legacy and long-term vision. The study recommends policy adjustments to strengthen transparency and support scalable CSR strategies that foster inclusive development.
Keywords	: Corporate Social Responsibility (CSR); Family-Owned Firms; Poverty Alleviation; Strategic CSR in India; Sustainable Development Goals (SDGs)
Field	Business Administration
Published In	Volume 8, Issue 1, January-February 2026
Published On	2026-01-20
DOI	https://doi.org/10.36948/ijfmr.2026.v08i01.66989

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