On September 13, 1970, Milton Friedman launched a no holds barred attack on corporate social responsibility in the New York Times, mocking the idea of business possessing a social conscience. Forty-three years later, the Government of India passed the Companies Act, 2013 and made it mandatory for businesses above a certain profit margin to engage …
Setting the Compass for CSR in India – 5 key directions Read More »
Companies can spend up to 5% of their total CSR fund in building CSR capacities of their own personnel or those of implementing agencies As companies prepare to file their annual reports and include the last financial year’s corporate social responsibility (CSR) expenditure as required by the Companies Act, 2013, more loopholes and grey areas …
It is March 30th 2015. India Inc. has reached the end of the first financial year to implement the CSR Rules as per the revised Company Law, Schedule VII, 2013. And as we talk, right at this moment, some of the corporate are anxious about what to do with the pending CSR spends in the …
There is a new urgency plaguing corporates these days, the Companies Act says that they have to report a spend of 2 percent of their profits as deployed in Corporate Social Responsibility (CSR). According to Section 135 of the Companies Act 2013 all companies with revenues above Rs 1,000 crore and profit above Rs …
Why CSR today is ‘Confused Social Responsibility’ Read More »
ET Corporate Dossier, in league with Futurescape and IIM Udaipur, presents the definitive listing of companies with the best programs for Corporate Social Responsibility (CSR): The top five slots split between TATA, Mahindra Group & Maruti Suzuki.
