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CSR MANDATE INDIA
Tata Trusts to hike philanthropic spending to Rs 2,000 cr this fiscal, CEO hits back at 'chaos' narrativeTata Trusts will boost its charitable spending to Rs 2,000 crore this fiscal year. CEO Siddharth Sharma highlighted the trusts' commitment ...- Govt amends CSR norms; provides more leeway for companiesCompanies can now invest up to ten percent of their Corporate Social Responsibility funds into special instruments. These instruments are c...
- Is India Inc's CSR truly driving systemic change or just shifting funds?Corporate India is entering a new phase of CSR. Spending is expected to cross ₹1.2 lakh crore by 2035. Companies are shifting towards syste...
- As India's R&D faces funding & talent crunch, Niti panel suggests 50+ fixesIndia's research and development spending lags behind global leaders. A Niti Aayog report highlights funding issues and bureaucratic delays...
- View: May a thousand CSR projects bloomIn 2014, India became the first country to make CSR mandatory, and today, more than 80% companies in India have CSR programmes. This is mor...
- Coal India spends 15% higher than statutory requirement on CSRDuring a four-year span till the closure of financial year 2023, CIL as a whole spent a total of Rs. 2,238 crore under its CSR umbrella, th...
- Social audit of CSR spend may become mustOfficials in the Ministry of Corporate Affairs (MCA) said the social audit will begin with public sector undertakings (PSUs) and then exten...
- Time govt scrapped mandatory CSRMany companies go beyond and tackle problems of the environment and of social underdevelopment. They become a draw for ethical investors.
- IT spent Rs 5,091 crore on CSR between 2014 & ’17Education is the most favoured choice of Indian IT cos, followed by central govt schemes that get about 14% of CSR money.
- CSR spending rose to Rs 9,882 crore in 2015-16: P P ChaudharyHe also said that a host of government programmes, including Swachh Bharat Mission and Namami Gange, provide opportunities for corporates t...
- Companies' CSR spend hit Rs 8,300 cr in 2015-16: ReportThe report said that in 2015-16, as many as 1,505 companies, or 30 per cent of the 4,887 entities listed on the BSE, met the CSR spending c...
- PSUs lead the way as India Inc steps up social spend, but still misses targetGovt-owned cos grossly outperformed their private sector peers, with their spending expanding 41% in the year ended March 31, according to ...
- Supreme Court judge defends mandatory CSR provisionJustice Madan Lokur of the Supreme Court today said that it was a step towards realisation of directive principles of state policy enshrine...
- Education tops corporate social responsibility spends, community development nextAmong the CSR activities, education tops the chart with 81 % adopting this as their mandate, followed by 64% focusing on community.
- CSR clause is a breakthrough initiative in CSR arena: Puja Marwaha, CEO, CRYIn an interview with ET, Ms Puja Marwaha, CEO, CRY (Child Rights and You) shares her views on corporate social responsibility (CSR) in India
- New mandate spurs initiatives that bring corporates and NGOs togetherSumit Mitra, head of group HR & corporate services in the Godrej Group, says the company has done an analysis based on the draft CSR rules ...
- Now companies to be ranked for their CSR performanceThe index, being prepared by the India Institute of Corporate Affairs and leading stock exchange BSE, would rank the companies in different...
- Govt sees 10k crore flow/yr from CSR spendThe government is expecting flow of more than Rs 10,000 crore a year from private companies as part of their corporate social responsibilit...
- CIL, ONGC, SAIL fail to utilise funds on CSR in FY 2012Blue-chip Central Public Sector Enterprises like Coal India, Indian Oil Corporation, ONGC and SAIL have not fully utilised their funds allo...
- Companies law set to mandate 2% CSR spendThe standing committee on finance headed by former FM Yashwant Sinha has proposed that cos with a turnover of Rs 1,000 cr or net profit of ...
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