Allowing top companies to fund incubators through the corporate social responsibility (CSR) obligation can help in promoting the startup ecosystem in a big way. Given the mandatory CSR spending of 2% of the net profit by the India Inc
Corporates with only clean antecedents and high credibility welcome to partner with Swachh Bharat Abhiyan under CSR The Modi government wants only corporates with clean antecedents and good reputation to contribute to the Swachh Bharat Mission.
SCOPE, apex body for central public sector enterprises, today “strongly” advocated accountability check of NGOs that are getting funds from PSUs for activities related to corporate social responsibility. He also emphasised on the need for social audit in all such cases. Speaking at a seminar on ‘Relevance of CSR: PSE Perspective’ U D Choubey, Director …
SCOPE for accountability check of NGOs getting funds from PSUs Read More »
The government has asked the country’s top 50 companies to fund incubators as part of their corporate social responsibility (CSR) spend, a move meant to strengthen the startup ecosystem. Large companies have to allocate 2% of their profits towards CSR but have competing demands – from building toilets to funding education.
Business houses operating in Indore will now be asked to participate in restoring heritage monuments of the city by shelling out funds as part of corporate social responsibility (CSR). The noble initiative is part of a comprehensive policy of restoring Indore’s heritage monuments by the authorities.
