Are Corporate Social Responsibility funds realizing and achieving sustainable social change to benefit the underserved? The answers are mixed. By definition, a budget is made within constraints posed by revenues. But it can create a framework that encourages others to step in where the exchequer can’t.
The reporting of corporate social responsibility (CSR) spending is growing faster in India than anywhere else in the world. After the new Companies Act made it mandatory for companies with a net worth of Rs 500 crore or with annual turnover of Rs 1,000 crore to spend under CSR, India’s total CSR reporting increased by …
India leads in CSR spending, IT firms contribute 13% Read More »
To promote higher education, Arun Jaitley said the government will set up a Higher Education Financing Agency with an initial capital base of Rs1,000 crore Taking a cue from the Union budget 2016-17, companies are likely to spend their corporate social responsibility (CSR) funds on higher education, skill development and job creation in the next …
Education and skill development may attract more CSR funds Read More »
Mr. Sethi is the Chief Information Officer and Head Corporate Social Responsibility (CSR) at Hero MotoCorp Ltd. – World’s largest two wheeler manufacturing company. Which are the main pillars of your CSR and sustainability strategy?
Reliance Industries has emerged as the top company in terms of corporate social responsibility (CSR), having spent over Rs. 760 crore, followed by state-owned ONGC and IT giant Infosys, Parliament was informed today. In a written reply to Lok Sabha, Finance Minister Arun Jaitley said a total of 460 listed firms have so far disclosed …
