Corporate social responsibility is an action of organisations that will, as it were, seem to draw mixed reaction from individuals, its acceptance and rejection from people depending on what side of the divide one is. While on one side, an argument can be propounded based on the solvency and financial outlook of the organisation …
Nigeria: Walking the Corporate Social Responsibility Talk Read More »
Gujarat may have been among the top states in terms of corporate social responsibility (CSR) spending by companies, but the state saw a mixed response from its public sector undertakings (PSUs) with regard to CSR expenditure in 2015-16. Four out of seven PSUs of Gujarat government could not spend the prescribed amount -2% of the …
Gujarat PSUs fail to spend prescribed amount on CSR Read More »
The Comptroller and Auditor General (CAG) has pulled up the Odisha Mining Corporation (OMC) for spending less than 10% of its Corporate Social Responsibility (CSR) funds to develop mining areas while spending more in non-mining sectors. Between 2010 and 2014, the annual spend ranged from 2-9% of the CSR funds CAG pointed out in …
CAG hauls up state mining corporation over CSR spend Read More »
Power Finance, National Mineral Development Corporation, Tata Steel, NTPC and Reliance spent more than their prescribed CSR budgets in FY 2015/16, according to the India CSR Outlook Report (ICOR). In FY 2014/2015, only Reliance Industries had spent more than its prescribed CSR budget, among the top 10 performers. The report, published by NGOBOX, analysed the …
Companies like SAP, Tata Motors and Bajaj Electricals are investing in startups through government-affiliated incubators as a part of their mandatory corporate social responsibility (CSR) spending. Nearly a dozen companies have shown interest in spending CSR money in incubators at the IITs and IIMs to nurture student startups that can disrupt traditional business models or …
India Inc putting CSR money in startup incubators Read More »
