The State Bank of India will formally commission a ₹2.12-crore project under its Corporate Social Responsibility (CSR) initiative for providing toilets with water connections in 50 government schools in Palakkad. Another CSR initiative that would go on stream is the SBI’s digital village initiative spread over six villages in Kerala.
India has mandated corporate social responsibility under Section 135 of the Indian Companies Act 2013, setting thresholds based on net worth, turnover, profit and age. India, it is often said – not inaccurately – has too many laws and too little justice.
For a young and growing business it may not be high up on the agenda, but Office Space in Town explains why SME corporate social responsibility makes sense. This month, I have been thinking about Office Space in Town’s continued growth and expansion – the increasing numbers of employees we hire, the wide array of …
WorldView: What SME corporate social responsibility looks like Read More »
The government recently said show-cause notices have been issued to 1,018 firms for violating CSR norms under the companies law. Certain class of profitable companies have to shell out at least 2 per cent of their three-year annual average net profit towards Corporate Social Responsibility (CSR) activities under the Companies Act, 2013.
Once considered the worst in the district, with teachers fearing to go there for classes due to presence of venomous snakes and a haven for anti-socials, a government school in Coimbatore has now become one of the best with 100 per cent result in the 10th standard exams last year. This was made …
Bosch adopting Govt schools under its CSR activity Read More »
