To encourage companies to spend money on social welfare activities, the government is considering the institution of an award to reward firms with good compliance record. The Ministry of Corporate Affairs (MCA) has drawn up a list of top CSR spenders. “The social welfare work done by the big companies during the past four years …
RIL, NTPC among firms spending more on corporate social responsibility Read More »
India is one of the only countries in the world to regulate Corporate Social Responsbility (CSR) under the Companies Act, 2013. The law provides a framework to address various developmental challenges. Specifically, 11 areas are listed as eligible developmental activities where a company can spend its CSR money. Companies with a net worth of INR …
When last year, the GDP Magazine decided to bring out a comprehensive annual issue on CSR, particularly on the CSR spendings, we were caught up in a real mess. Though the whole world is buzzing with the term CSR, when it comes to authentic data on CSR spending by individual companies, there is a real …
CSR: Can Really Make Difference In Building A New India Read More »
The Act was gazetted in 2014 and, since then, according to the ministry of corporate affairs (MCA), the companies have spent Rs 5,922 crore, Rs 7,549 crore and Rs 8,446 crore in 2014, 2015 and 2016, respectively, on eligible CSR activities. The Companies Act, 2013, mandates that Indian corporates, public and private, must allocate at …
Over the barrel: Why we need new thinking on CSR Read More »
Discriminatory laws, variations in approach of states and poor implementation of policies make it difficult to create a barrier-free environment for persons with disabilities. Speakers at a meet on ‘Accessible Road Transport for Persons with Disabilities’ organised by National Centre for Promotion of Employment for Disabled People (NCPEDP) at the India Habitat Centre in New …
Disability Sector Seeks Easing of Laws to Make Road Transport More Accessible Read More »
