PSEs are in a better position to be the partner for government’s missions of Make in India, Digital India, Skill India and Swachh Bharat. In the last seven decades, Indian economy has grown over 1,444 times from `94 billion to `136 trillion. Public sector which has played a critical role since independence, has provided continuous …
It is true that CSR rules enacted in April 2014 have created a buzz and that CSR spending is on the rise, but deployment of funds remains a matter of debate. Corporate social responsibility (CSR) rules, implemented in April 2014 under section 135 of the Companies Act, have generated a buzz for their innovative approach …
Three years of CSR: Spending on the rise, yet hurdles remain Read More »
Companies need to reconsider their current approach to Corporate Social Responsibility and move from a company-centric CSR to true employee engagement, writes FrontStream president and CEO Bill Wood. Corporate Social Responsibility (CSR) has slowly been gaining traction in the US and Australia for the past five to 10 years.
April marks the third anniversary of India’s corporate social responsibility law, which requires that corporations above a defined level of financials spend 2% of their profits on CSR programmes. While charity has traditionally been an integral part of the Indian ethos, strategic philanthropy is still a field under formation, Jeri Eckhart-Queenan and Pritha Venkatachalam, …
CSR funding in India has much greater potential to be more strategic and collaborative Read More »
It is quite possible that the modern workforce is in a state of crisis. Several weeks ago Gallup released its latest State of the American Workplace which made for some sober, and very important, reading. Only 33% of employees are ‘engaged’ in their jobs, 51% are not engaged, 16% are actively disengaged. If the …
Opinion: The great engagement crisis, failing leadership, and CSR Read More »
