India CSR Law

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New CSR policy for firms conducting sports activities for school students

Leave a Comment / Brand CSR, CSR, CSR Reporting, India CSR Law, Information / By / December 5, 2016

Companies interested in conducting sports activities for school students as part of their corporate social responsibility (CSR), must now abide by a new policy, which the Maharashtra school education and sports department framed and introduced last month. A government resolution (GR) issued by the department states that a framework for streamlining such projects was necessary …

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Cynical practice and the death of CSR

Leave a Comment / Brand, Brand CSR, CSR, CSR Reporting, India CSR Law, Information / By / December 5, 2016

Cynical practice has always been the root weakness of CSR, which grew into a form of enlightened behaviour as a legitimate extension of the art of public relations. Ethical Corporation, a UK-based organization in the business of providing news and research on sustainability, headlined this theme for a marquee event in London next June: “The …

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Govt makes public CSR spending of 7,334 companies

Leave a Comment / Brand CSR, CSR, CSR Reporting, India CSR Law, Information / By / December 5, 2016

Government today made public CSR spending of more than 7,300 companies in 2014-15, totalling Rs 8,803 crore, but the amount spent by over 60 per cent of the entities was shown as zero. Among the 7,334 companies, Reliance Industries spent the highest amount of Rs 760.6 crore towards corporate social responsibility (CSR) activities in 2014-15.

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MCA pulls up companies over lack of CSR spends

Leave a Comment / Brand CSR, CSR, CSR Reporting, India CSR Law, Information / By / December 5, 2016

Rejecting reasons cited for not spending on CSR, MCA has told companies that they can contribute to the Prime Minister’s Relief Fund to meet their targets. The ministry of corporate affairs (MCA) has criticized companies for failing to meet the mandatory spending requirement on corporate social responsibility (CSR) initiatives.

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Nifty 50 companies’ 2016 CSR spending rise by 27%

Leave a Comment / Brand, Brand CSR, CSR, CSR Reporting, India CSR Law, Information / By / December 5, 2016

Companies spent around Rs 5,082 crore or 92.7% of the mandated Rs 5,478 crores on CSR activities. The Nifty 50 companies have spent about 27% more in CSR (corporate social responsibility) activities this year, compared to last year, said a report by CimplyFive Corporate Secretarial Services, a tech solution provider for compliance. According to the …

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