CSR Awards 2015
You are browsing entries tagged with “CSR in India”
Corporates free to choose CSR activities: Sachin Pilot

Corporates free to choose CSR activities: Sachin Pilot

Press Trust of India NEW DELHI: orporate Affairs Minister Sachin Pilot today said the industry would be free to choose CSR programmes and strategies best suited to their company’s philosophy and businesses. Speaking at the ‘National Summit on CSR’ organised by industry body CII here, Pilot said the government would adopt a “flexible approach” on […]

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Govt to rate NGOs to help cos discharge CSR effectively: Report

Govt to rate NGOs to help cos discharge CSR effectively: Report

 Companies have to spend 2% of their average profit of last three years on poverty eradication, education & women empowerment NEW DELHI: The government will rate non-profit organizations according to their past performances so that it helps companies effectively discharge their corporate social responsibility under the new Companies Act 2013. As per the Act, the […]

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CSR spending may pump in Rs. 27, 000 cr a year

The new Companies Act, 2013, which proposes that 2% of profits earned by a certain class of companies must be spent on corporate social responsibility (CSR) activities,  would mean an estimated Rs. 27,000 crore will flow into grassroots development and social enterprise sectors every year, says a think-tank. According to the Indian Institute of Corporate […]

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Licence-Permit Raj for CSR

Licence-Permit Raj for CSR

By Sudeep Chakravarti The end of September looms and several businesses in Chhattisgarh are getting antsy. If things go according to plan—the plan of the government of Chhattisgarh—they have to cough up funds by the end of the month for corporate social responsibility (CSR) directly to the government for disbursement by the government. Or else, […]

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Now, Corporate Social Cover for the Elderly

Now, Corporate Social Cover for the Elderly

The elderly can now hope to get some reprieve from corporate India for a happier old age. The government would bring changes in the recently notified Companies Act and subsequent rules to include elderly — constituting 8.5% of the country’s population — under the ambit of the law. Newspaper on September 17 had reported that […]

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Agewell Foundation seeks inclusion of issues concerning elderly in CSR

NEW DELHI:  An advocacy group for the elderly has urged the government to consider including issues concerning old people into the concept of mandatory CSR provisions mooted for the corporate world. The Agewell Foundation has urged the Ministry of Corporate Affairs to consider issues including old people in the concept of mandatory CSR (Corporate Social […]

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The new Company law has the Potential to Unleash Huge Economic and Social Value – Sachin Pilot

INDIACSR News Network NEW DELHI: Highlighting the important features of the Companies Act, 2013, the Minister of Corporate Affairs has said that the Act is the result of intensive consultative process by his Ministry with industry, professionals, corporates and other stakeholders. Addressing a FICCI – ICSI (Institute of Company Secretaries of India) Joint Programme on […]

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Vedanta Khushi: A Khushi For Me, That Was Enough

Vedanta Khushi: A Khushi For Me, That Was Enough

VEDANTA KHUSHI for the first time presents a poetic recitation of a heartfelt story by Shazia Parveen It was once when I was watering the plants A morning of winter, serene and calm.. A girl of 12 approached my gate, Her hands were black and clothes too.. Seeking for work with her little mate, Who […]

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Spend on CSR mandatory for profitable firms even if group incurs loss

Spend on CSR mandatory for profitable firms even if group incurs loss

NEW DELHI: The Ministry of Corporate Affairs (MCA) proposes to mandate companies to spend two% of their average net profit for past three years on fulfilling their corporate social responsibilities (CSR) even if their Group makes consolidated net loss. As per the draft rules under the newly enacted Companies Act, 2013, on which feedback is […]

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Cos to spend Rs 15-20k cr a year on CSR: Sachin Pilot

Cos to spend Rs 15-20k cr a year on CSR: Sachin Pilot

NEW DELHI: Expecting an annual CSR spending of Rs 15,000-20,000 crore by India Inc, Corporate Affairs Minister Sachin Pilot has asked companies to see the new law as an investment opportunity to create a better work environment, rather than a forced expenditure. The Minister also said that the government has left the canvas wide open […]

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Comments

  • indiacsr: I want to participate in the programme. Kindly send me detail.