Future Publishing Date : May 30, 2013
Interview of Aravind Sitaraman, President – Inclusive Growth, Cisco Systems…
Shankar Jaganathan, a former corporate treasurer of Wipro Ltd argues that governments asking big firms to spend money on social causes is an idea that needs to be carefully debated India is probably the first country in the world to mandate corporate social responsibility (CSR) spending by large companies. Firms with revenue of Rs.1,000 crore, [...]
By Ritesh Garg India has never ever followed the hardcore footsteps of capitalism rather stuck to the means of socialism. This is the land where Lord Buddha’s Middle Path has guided the mankind to sustainable local medium of livelihood in our society as well as connected to religion and age-old tradition. Similarly our problems and [...]
By Sangeeta Haindl When we think of community energy projects, we often look to the developing world, where local social innovation schemes bring energy by the people, for the people, and where these initiatives bring jobs in construction, operation and maintenance. Yet, these energy co-operatives are becoming increasingly popular in the West, too. They are a [...]
By Manish Sabharwal Creating jobs is the hardest thing anyone can do in India. And that is why it is patronising at best and ignorant at worst when civil society or policymakers berate entrepreneurs or companies for only creating jobs. This thought world underlies the mandatory 2 per cent corporate social responsibility (CSR) allocation proposed [...]
You have to ask yourself fundamental questions. Why do you generate wealth? For whom do you generate wealth? How does your organisation affect the ecosystem it inhabits? By Devdutt Pattanaik Think about your motives for doing, or not doing, charity We are a large company that has a decent CSR programme. At times tough as [...]
CSR is called ‘Strategic CSR’ when it is treated as a part of an effective corporate strategy to meet the company’s financial and non-financial goals. By Vaishali Shah There is a lot of anticipation around the new Companies Bill which mandates 2% of the net profit of a company, to be spent towards Corporate Social [...]
By Rusen Kumar NEW DELHI: Here is an other good news for social enterprises. The World Bank Group today announced the launch of 2013 India Development Marketplaceand pledged USD $1 million in grants to be awarded on a competitive basis to social enterprises for their development solutions. Development Marketplace, supported by the World Bank, is [...]
By Vijay Kumar Ratre, Mumbai In my recent years of stay here in Mumbai, where I also have come across number of stars on my way, I have ever wondered that these money making giants of Bollywood cinema have a very little to dispose as their corporate social responsibility. Even to some of my acquaintances [...]
By Manoj Sharma Baba Ramdev is world acclaimed figure, not only for his contributions to sustain the Vedic health education in the forms of Yoga, but also in the form of a successful entrepreneur and a social reformer. As soon as his name echoes into our ears, memories of an half-aged bearded man in saffron [...]
Walmart has spent $25 million to lobby for its entry in India. Lobbying is a rather mild term for bribery. The company has allegedly used financial instruments to invest in India, long before the government permitted it. Why should not we just legalize lobbying when it’s happening anyway, just like it is in the US? [...]
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