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KARNATAKA CSR FUNDING
Karnataka to set up NRI, public grievance departments; eyes overseas investmentsKarnataka is establishing new departments for Non-Resident Indians and public grievances. Chief Minister DK Shivakumar aims to boost NRI in...
Gram panchayats boost own earnings, fund schools, flood control and digital accessIndian villages are achieving financial independence. Gram panchayats are boosting tax collections and using their own funds for schools, f...
Groww's strong Q4; Iran conflict hits India's GCCsFintech major Groww more than doubled its net profit in the fourth quarter of FY26. This and more in today's ETtech Top 5.
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...
Rework the CSR framework to incorporate a sliding scale of contributions and tax breaksIndian companies contributed nearly ₹30,000 cr to CSR in 2022-23, focusing on education and healthcare. There's a need for a more equitable...
Equitable distribution of CSR Fund is one of the key components of CSR strategies of Corporate India, says Bhaskar ChatterjeeBhaskar Chatterjee, architect of India's CSR Act, urged companies to prioritize innovation, impact assessment, and equitable CSR fund distr...
Unlisted firms climb up CSR spend listUnlisted companies in India spent nearly as much on corporate social responsibility (CSR) as listed firms in 2022-23, reflecting improved p...
Ensure more bang for the CSR buckFor CSR spending to be leveraged and have impact, there must be a greater alignment between spending plans of individual businesses and nat...
CSR spending goes greener; health gets highest dose as companies rejig focusIn FY22, India's corporate social responsibility (CSR) spending on the environment more than doubled to ₹2,837 crore, which made the sector...
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...
Impact of CSR funds ‘not widely felt’ despite jump in spending: Ministry of Corporate AffairsThe Ministry of Corporate Affairs (MCA) has highlighted the limited impact of corporate social responsibility (CSR) initiatives in India, d...
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...
Cos spent over 60 pc CSR funds on edu, healthcare, rural development in last 7 financial yrs: GovtUnder the Companies Act, 2013, a certain class of profitable companies are required to shell out at least two per cent of their three-year ...
Karnataka plans to commission modern skilling institute near airport in 18 monthsThe government is spending 15 crore for the first phase of the project. The institute will provide residential training in basic skills lik...
Bengaluru gets lion’s share of CSR budgetsAbout a third of CSR funds (27%) spent between 2014 and 2018 went to Bengaluru and the surrounding areas, as reported officially, while the...
Karnataka flood: Mangalore-based ONGC subsidiary donates whopping Rs 5 cr to CM's relief fundMangalore Refinery and Petrochemicals Limited MD handed over the cheque to CM BS Yediyurappa.
Total CSR spend may cross Rs 50,000 cr by March 2019: ReportThe total CSR spending by the top 500 companies in the country since the applicability of mandatory CSR in 2014 is likely to cross Rs 50,00...
Mahindra Finance using CSR money to fund social startups SustainEarth and Sickle InnovationsSustainEarth supplies biogas systems and Sickle works on improving conventional farming through innovative appliances.
Infosys to contribute Rs 240 crore towards corporate social responsibility activitiesInfosys is one of the first Indian companies to contribute to corporate social responsibility activities as per the New Companies Act.
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 ...