Crowdfunding and Corporate Social Responsibility: A Sustainable Approach to Educational Development in Rural India

Abstract

In this emerging technological landscape, our rural education faced challenges regarding inadequate infrastructure, financial constraints, and school closures under NITI Aayog’s merger policies. Instead of constructing new schools, revitalising existing ones has become crucial. This study explored how crowdfunding through CSR initiatives plays as an alternative education model for supporting and improving rural schools. Using secondary data from research articles, news articles, government reports, and case studies, it examines the effectiveness of crowdfunding in enhancing school infrastructure and mobilising community participation. A systematic literature review identifies key trends, challenges, and best practices, highlighting the potential of crowdfunding as a sustainable financial model. The study also provides insight into policy recommendations to strengthen crowdfunding initiatives for the long-term development and resilience of rural schools.