Minister for Industries and Commerce, Chander Parkashrecently inaugurated various works under ‘Corporate Social Responsibility’ initiatives being undertaken by United Phosphorous Limited (UPL) at Vijaypur and Ramgarh. The initiatives which were dedicated to the public included, toilet facilities at Govt Higher Secondary Schools Vijaypur and Ramgarh constructed at a cost of Rs. 3.5 lakh.
Despite incurring net losses to the tune of Rs.1,421 crore during 2015-16, Rashtriya Ispat Nigam Limited, the corporate entity of Visakhapatnam Steel Plant, does not want to compromise on its spending on Corporate Social Responsibility. The company spent Rs.8.75 crore on CSR during the last fiscal. During the first half of the current financial year, …
To ensure better compliance, the Corporate Affairs Ministry plans to conduct workshops for officials and other stakeholders to sensitise them about social welfare spending norms under the companies law. The move comes against the backdrop of instances of discrepancies in data and lapses being noticed by the Ministry with regard to compliance with CSR rules …
Corp Affairs Min to hold sensitisation workshops on CSR norms Read More »
Data suggests that education was the most preferred sector with investments worth Rs. 2,042 crore under CSR A gradual uptick in corporate earnings has led to a 28 per cent surge in corporate social responsibility (CSR) spending by listed entities in 2015-16.
CSR should not be looked as an expense but as a critical investment for business growth, says Vaishali Nigam Sinha, Director, ReNew Power Not confining to the provision of 2 per cent CSR commitment, Indian Inc is taking a greater leap and going beyond the mandatory spend, esp the Clean Energy sector whose business is …
Interview: 2% Should Not Be A Limiting Factor For Companies To make CSR Investments Read More »
