You are browsing entries filed in “ What is CSR ”
Why it is a Good Idea to Mandate Corporate Social Responsibility By Harsh Goenka

Why it is a Good Idea to Mandate Corporate Social Responsibility By Harsh Goenka

Some say CSR should not be made compulsory. But actually, it should be mandatory for the first three to five years. Thereafter, the momentum will be self-sustaining. The draft of the Companies Bill, 2009, had linked CSR expenditure to net profit. While there will be tax breaks, there will also be an impact on profit. [...]

Read More...

Chhattisgarh Mandates Corporate CSR Spending

Chhattisgarh Mandates Corporate CSR Spending

The Chhattisgarh government move goes against the very grain of the CSR concept followed all over the world. All definitions of CSR strongly stress on the fact that it is voluntary. Even in countries where statutory provisions have been made the selection of activities and their implementation is left with the company. Even in India [...]

Read More...

CSR Guidelines Not Mandatory for Companies: Govt

CSR Guidelines Not Mandatory for Companies: Govt

It is not mandatory for the corporate sector to spend 2% of the companies’ profit on CSR activities, says Moily NEW DELHI: The government today said it has not conducted any assessment to ascertain compliance on part of companies to various corporate social responsibility (CSR) guidelines. Apart from certain guidelines for the central public sector [...]

Read More...

Corporate Social Responsibility Policy

Corporate Social Responsibility Policy

INDIACSR News Network NEW DELHI: Department of Public Enterprises (DPE) issued guidelines on Corporate Social Responsibility (CSR) for Central Public Sector Enterprises (CPSEs) in April, 2010 and these Guidelines are applicable only to the Central PSEs.  As per these Guidelines, the CPSEs may undertake projects or activities in the periphery where company carries out its [...]

Read More...

Is CSR a Good Career Option ?

Is CSR a Good Career Option ?

Awareness of corporate responsibility among the general public is growing in the country. Corporates are setting up CSR wings and recruiting workforce to drive the CSR projects. Suresh Parmar says CSR “profession” is still a relatively new one in India and it has enough space for career option. By Suresh Kr Pramar A reader has [...]

Read More...

Vedanta Group Starts Mid-Day Meal Kitchen at Lanjigarh for 54 Schools

Vedanta Group Starts Mid-Day Meal Kitchen at Lanjigarh for 54 Schools

Vedanta runs seven state-of-the-art kitchens in the states of Rajasthan and Chhattisgarh providing mid-day meals to over 2.5 lakh children. Mid-Day Meal Kitchen, where food will be cooked and sent to schools to students from 54 schools covering ten villages the region.  INDIACSR News Network LANJIGARH: Over 5000 students of primary and upper primary schools of [...]

Read More...

Vedanta Supports Quality Education For Tribal Children in Odisha

Vedanta Supports Quality Education For Tribal Children in Odisha

INDIACSR News Network LANJIGARH: Vedanta through its Foundation has funded education for 100 children in the tribal-dominated Rayagada district of Odisha with an objective of providing an equal opportunity to underprivileged children from the tribal population, including Dongria Kondhs, to pursue formal education. In the first phase of the project, Vedanta Foundation has sent 63 [...]

Read More...

India Inc Less Transparent Than Peers in Brazil, China: Report

India Inc Less Transparent Than Peers in Brazil, China: Report

A sustainability report is an organisational report that gives information about a company’s economic, environmental, social and governance performance. It has reported that India Inc is less transparent than its peers in Brazil, China and South Africa when it comes to reporting about economic, social, environmental and governance issues concerning their business, according to a [...]

Read More...

Zeronauts Enabling Continued Growth with Reduced Cost : John Elkington, Co-Founder & Executive Chairman of Volans

Zeronauts Enabling Continued Growth with Reduced Cost : John Elkington, Co-Founder & Executive Chairman of Volans

INDIACSR News Network John Elkington is the Co-Founder & Executive Chairman of Volans, also Co-founder of SustainAbility and of Environmental Data Services (ENDS, 1978).  He is recognized as a world authority on corporate responsibility and sustainable development.  In 2004, BusinessWeek described him as “a dean of the corporate responsibility movement for three decades.” In 2008, The [...]

Read More...

Mandatory CSR Spend Will Only Make System Corrupt: Plan Panel

Mandatory CSR Spend Will Only Make System Corrupt: Plan Panel

The panel also thinks that the mandatory clause may lead to irregularities in revenue accounts and will give high hand to Government officials to nail companies on the mandatory spend. This would lead to more corruption in the system.    NEW DELHI: It has reported that while this is a known fact that the policy makers [...]

Read More...

Comments