Study the Impact of Corporate Social Responsibility Funds of Usha Martin for Socio-economic Development in Ranchi District of Jharkhand

Abstract

The impact of Corporate Social responsibility (CSR) funds was studied in Hutup village in Ormanjhi Block of Ranchi district of Jharkhand, where CSR sponsored project was implemented by KGVK under the guidance of Usha Martin Ranchi for improving the quality of life of the work fore and their families as well as of the community and society at a large. Out of total 270 beneficiaries 30 farmers were selected as respondents in the study. It was observed that 27.40 percent of farmers come below the socio-economic status group, whereas 61.1240 in medium and 11.48% comes from a high socio-economic status group. Due to the creation of water harvesting structure in the village overall 38.21% assured irrigation has been increased. The productivity of cereals, pulses, oilseeds and vegetables has been increased 76.47, 116.66, 125 and 88.23 percent respectively, resulting thereby 24.56, 52.94, 60.86 and 83.33 percent income of farmers has been increased through cultivation of Cereal, Pulses, Oilseeds and vegetables respectively. Result reveals that development of water harvesting structure is an important intervention for enhancing production and productivity of agricultural crops in Jharkhand. The results also suggested that demonstration of improved production technologies coupled with capacity building of farmers through trainings of improved package of practices of different crops and vegetables as well as timely input support services increase the production and availability of local market for selling of produce at remunerative price enhance the income of farmers.