India CSR Law

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CSR may fund social impact bonds

Minister of state for finance Jayant Sinha says social impact bonds have proven to be very successful around the world.  The social sector is forever looking for new ways to raise capital to address social inequalities. One way to do this is to adopt an impact investing approach and create social impact bonds that can …

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Almost 76% of CSR amount spent by corporates: Jaitley

“It is a successful experiment which has started because in the first year over 75 percent of the amount under CSR has been spent,” Arun Jaitley said during Question Hour in Rajya Sabha. Corporate Social Responsibility activities have turned out to be a successful experiment as over 75 percent amount has been spent in 2014-15, …

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Viewpoint: Improving CSR initiatives

Works under the Corporate Social Responsibility obligation of companies have generated lot of enthusiasm and respect towards the corporate world which was perceived so far as a profit making machine. The companies have also come forward in social regeneration by undertaking projects like the conservation of tigers in the Sunderbans, West Bengal, training drivers in …

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How much was spent on CSR activities in 2014-15? Is it even helping?

CSR activities by companies often see grandeur and quite obviously huge expenditure. In 2014-15, a whopping 6388 crore rupees were spent by 460 companies, but did it really help changing something and contribute to the environment or the community? Let’s take a look.   A total of 6388 crore rupees were spent on Corporate Social …

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Next to nil CSR for veterans

Armed forces veterans, war widows and their children were among those who received the least amount of CSR funds in FY15  The last two weeks have seen raging debates on nationalism, some of which included conversations about soldiers and the nation’s duty towards them. While the general public, media and political leaders continue the debate …

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