Corporate Social Responsibility (CSR) is set to get a leg-up in the Mysuru and Nanjangud district of Karnataka with local industries agreeing to be partners in development.Medical equipment worth Rs.10 lakh to taluk general hospitals, drinking water purification units, development of 10 anganwadis in the district as a model, adoption and comprehensive development of a …
CSR: industries agree to chip in for development Read More »
There’s a saying that rules make the game. Take one day cricket. We’ve seen the game move from 60 overs to 50 overs, from one set of power play overs to three sets of power play overs. Every change in the rules changes the game. The ICC knows this and probably so does the Ministry …
How CSR can make a perceptual difference to a brand Read More »
Last week, a private company adopted 22 government schools as part of their corporate social responsibility portfolio. It will make financial contributions, provide infrastructure and also hire teachers for English in these schools. Various corporate houses have, so far, adopted 54 schools in the district.Officials said 470 district schools, with one lakh students in total, …
There are multiple reasons for tepid corporate interest in incubators; among them is lack of awareness There is a list, officially called Schedule VII, which tells companies what they can do under corporate social responsibility (CSR) as prescribed by the Companies Act, 2013.
Large businesses in India are struggling to deal with the Companies Act 2013 that requires corporates to set aside two percent of their average net profits earned over the previous three years for corporate social responsibility initiatives. The Act applies to companies that meet a defined benchmark of net worth, turnover, or profits.It is …
Corporations in India Struggle to Comply with CSR Law Read More »
