Some companies in Maharashtra show the way in social and community engagement. The concept of ‘corporate social responsibility’ (CSR) is arelatively new coinage. It got impetus because of the new Company Law passed by Parliament in 2013. The law requires companies with a minimum profit of Rs 5 crore, or turnover of Rs 1,000 crore …
Top 100 listed Indian companies have managed to improve their corporate social responsibility (CSR) compliance, according to a KPMG survey. As per the Companies Act, every company with a net worth of Rs 500 crore or a turnover of Rs 1,000 crore or a net profit of Rs 5 crore is required to spend about …
CSR Compliance Among Top 100 Listed Companies Improved: KPMG survey Read More »
As per Nasscom, while most of the IT companies are investing in education, other areas that are evincing interest are health care, agriculture and environment. As IT companies across the country vouch for sustainability and corporate social responsibility (CSR) to create a socially inclusive and equitable India, education forms a major chunk of their CSR …
CSR is not PR, you do good because you want to do good Read More »
Shashank Shah, a visiting scholar at the Harvard Business School, wears multiple hats including that of an author and editor-in-chief at Harvard University Postdoctoral Editors Association. His work at the Harvard University South Asia Institute focuses on a collaborative project with the Tata Trusts on Livelihood Creation in India Through Social Entrepreneurship and Skill …
Creating a sense of collective responsibility among corporations is key Read More »
Union Finance Minister Arun Jaitley said the idea of mandatory corporate social responsibility spend, though initially resisted, has taken off well and it will contribute to doubling of rural population’s income. “Conventionally, corporate philanthropy was lesser known in India. But looking at the past 2-3 years, it has begun well as an institutionalised mechanism,” Jaitley …
Corporate social responsibility was seen as additional tax Read More »
