THE CORPORATE SOCIAL RESPONSIBILITIES AND ITS SOCIO ECONOMIC IMPACT OF GRAMEEN PHONE

Introduction
What is CSR
Corporate social responsibility is a form of corporate self regulating integrated into a business model .The goal of CSR is to embrace responsibility for the companys action & encourage a positive impact through its activities on the community ,environment etc. CSR mainly target a triple bottom line.

people Planet profit

OBJECTIVE
My current objectives are Observing the firms activities What type of CSR activities they are performing in case of present situation and how well they mange to do it How much they are making impact through their CSR work on the society.

SCOPE
The firm that I am talking about Grameen Phone. Grameen Phone is the largest telecommunication company in Bangladesh. It has done an revolution of mobile communication throughout our country. It brings the whole nation together under a strong mobile network..

OBSERVATION ON THE FIRM

Grameen Phone is a GSM based mobile operator in Bangladesh. The Review of this company is; Started their journey in March 26,1997. Partly owned by Telenor & Grameen telecom. About 19.58 million customers as of May 2008. It had about 1000 base stations throughout the country. Invested so far Bdt 10,700 crore for infrastructure development.

DATA COLLECTION
I have collected data from; Secondary Sources Newspaper Sources Journals

CSR ACTIVITIES PERFORM BY THIS FIRM

To full the social expectations Grameen Phone (GP) defines their work as a compliment combination of ethical & responsible corporate behavior. Grameen Phone has adopted a holistic approach to CSR. They are performing specially three areas of the society; o HEALTH o EDUCATION,AWARNESS AND SKILL DEVELOPMENT o EMPOWERMENT.

CSR Programmes of Grameen PHONE

HEALTH CARE GP makes partnership with UNAID against HIV AIDS. GP launched a partnership with Dhaka Ahsania Mission. GP provides financial assistance for poor cancer affected people. GP started a nationwide healthcare project for mothers and their child. GP also trained the village health workers. Organize free eye camp Recently working for Thalasaemia patients.

EDUCATION AND AWARNESS

Grameen Phones activities for education are

Gp is educating thousands of poor children under rural educating programm. Sponsored NSDPS lesson learned programme. Contributed financially in a school of gifted children in Dhaka city. Sponsored the international conference of ICICT. Distribute blankets around the poor people. Launched a talk show on the development of Bangladesh with Channel I. Make community centre in rural areas.

EMPOWERMENT

Makes employment through village phone. Increase development opportunities through good communication Influence the illiterate to read. Make employment through their company.

SOCIO ECONOMIC IMPACT

Encouraging the investors to CSR activities. Make many social organization strong. Give a chance of self employment. Making awareness among the people. Taking the poor people from behind to forward in their life & national life. Bringing the whole nation under a strong network.

CONCLUSION
A business firm must confirm some voluntary actions in order to make social relation with the consumers and CSR is the most important step of it to develop an approach that consider social relationship between both society and business.