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CSR FUNDING FOR SPORTS
46 pc of CSR spends in Maharashtra, aspirational districts need more attention: CrisilMaharashtra attracts almost half of India Inc's corporate social responsibility spending. However, the nation's most underdeveloped 'aspira...- Time to widen CSR's playing fieldThe Union cabinet has approved Rashtriya Khel Niti 2025. The policy emphasizes private sector involvement through CSR and PPP models. Corpo...
- Global recognition race drives CSR spend on sports, artIndia Inc increased CSR spending on non-traditional segments like sports, art, culture, and women empowerment by 68% to ₹1,800 crore in 202...
- India Inc's CSR spends on sports likely to surge in next few yearsThe foundations of several companies, such as the Reliance, Tata Steel, JSW, Hindustan Zinc and SKF India, have been supporting sports as p...
- How CSR can strengthen Indian education system, develop next-generation leadersCSR, or Corporate Social Responsibility, involves voluntary actions by businesses to enhance the well-being of their communities. The NITI ...
- 107 medals at the Asian Games: India Inc cheers the best RoI everIndian corporate giants such as Reliance Industries, Tata group, JSW Group, and Adani Group have played a significant role in supporting an...
- How CSR funding in sports can accelerate changeBetween 2014-15 and 2020-21, the annual growth rate of funding for sports CSR activities has matched that of overall CSR at 27%. While prom...
- Coal India contributes Rs 75 crore towards NSDF as CSR initiativeThakur said the contribution by Coal India to NSDF has come at an appropriate time in the backdrop of unprecedented performances by the cou...
- How much does India Inc love sports? CSR funding gives an ideaThe impact of corporate patronage was evident at the Tokyo Olympics, although funding for sports has typically been a sliver of India Inc’s...
- CSR expenditure increases 11% to Rs 10,030 crore in FY18The top spenders in terms of absolute CSR expenditure were Reliance Industries, ONGC, Tata Consultancy Services, HDFC Bank, Indian Oil Corp...
- CSR spending on environment, women empowerment declined in 2015-16Under CSR act, companies need to spend at least 2% of its average net profit for the immediately preceding three financial years on corpora...
- Government mulling expanding CSR scope to include sports promotionMinister of State for Youth Affairs and Sports Vijay Goel said his Ministry has taken up with Corporate Affairs Ministry the issue of widen...
- CSR: 2,351 companies spend nil, 776 firms engage NGOsThe new Companies Act mandates every company with a networth of Rs 100 crore to set aside minimum 2 per cent of their 3-year average annual...
- Sports Council recommends including sports expenditure under CSREarlier, CSR funds were required to be spent on 'training to promote rural sports, nationally recognised sports, Paralympics sports and Oly...
- Reliance Industries tops CSR spending chart: GovernmentReliance Industries shelled out Rs 760.58 crore on CSR followed by ONGC (Rs 495.23 crore), Infosys (Rs 239.54 crore) and TCS (Rs 219 crore).
- Parliamentry Committee slams Sports Ministry for lack of fund mobilisationA Parliamentary Standing Committee has come down hard on the Sports Ministry for its inaction on the the issue of mobilisation of funds fro...
- Top 75 companies spent Rs 4,000 crore on CSR in 2015The government expects total spending in the first year to top Rs 9,000 crore and rise substantially in coming years, a government official...
- Saina Nehwal to get 9 lakh for hiring physiotherapistThe Sports Ministry has sanctioned an amount of Rs 9 lakh to badminton star Saina Nehwal for hiring a full time physiotherapist till 2016 R...
- Government ready to go to any extend to help 75 Rio Olympic probable: Sports minister Sarbananda SonowalThe government is ready to go to any extend in helping 75 prospective athletes short-listed by an internal panel for 2016 Rio Olympic Games...
- Sports Ministry revises Rashtriya Khel Protsahan Puruskar planThe companies can now spend on promotion and development of sports from the funds earmarked for Corporate Social Responsibility (CSR).
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