The State Government of Odisha on Friday proposed institutionalisation of Corporate Social Responsibility (CSR) activities for making these more comprehensive, useful and sustainable. The issue was discussed at a high level meeting presided over by Chief Secretary AP Padhi at the Secretariat here.
With companies changing their outlook towards social problems and resolving them, the government is making efforts to amend the reporting norms for these spendings under Corporate Social Responsibility (CSR). The Corporate Affairs Ministry, which is implementing the Companies Act, is in the process of making amendments to AOC-4 XBRL form — which is used to …
Trawl through any company’s promotional literature and chances are you’ll find a namedrop for Corporate Social Responsibility. Some businesses really buy into it and see the value in protecting their employees, including the ones driving for work, while others say the same, but in reality they don’t bother.
Companies are opting for assessment studies to ensure long-lasting impact and optimal use of funds. With Corporate Social Responsibility (CSR) Rules moving into their third year of operation, the outlook of companies towards social problems is seeing a change.
Seeking larger participation of corporates in the rail sector, railways have decided to set up a separate corporate social responsibility (CSR) cell to rope in more private players. Addressing a CII summit on CSR, Railway Minister Suresh Prabhu today said, “Railways have a clear cut policy on how CSR funds can be used. We …
Indian Railways to have CSR cell for greater involvement of corporates Read More »
