Page 5 - Latest Updates on CSR
Non-Financial disclosures to dig deep into sustainable corporate practices
Experts have called some of these steps "pathbreaking" towards improving transparency in non-financial reporting which under new norms will become as exhaustive as financial reporting
Indian-American non-profit Sewa International raised $8.3 mn in 2019
Sewa International, a top Indian-American non-profit organisation, raised USD 8.3 million in 2019 and spent only 2% of it in administrative expenses, using the rest for relief and social welfare work
Rajasthan seeks CSR benefits for CM relief fund: SC asks govt to respond
The state government said that the Centre's circular has excluded CMRF from the purview and ambit of Corporate Social Responsibility (CSR) activities, prescribed by the Act
Donations by companies to PM-CARES Fund notified as CSR, says govt
Finance Minister Nirmala Sitharaman had tweeted on March 29 that CSR Funds can now donate to PM CARES Fund
Weaker and poorer, NGOs still the best bet in delivering Covid-19 relief
More CSR money has flown to govt schemes and corporate trusts rather than to NGOs
Coronavirus lockdown: Congress calls for financial package of 5-6% of GDP
The opposition party also demanded that the Centre pays all pending dues to states to enable them to fight the outbreak, besides giving each of them special packages.
How Indian companies are contributing to the war against coronavirus
Corporate India is donating crores of rupees, supplying medical equipment and opening hospitals. Here's a look at some of the Business Groups that have opened their purse strings
CSR in the time of coronavirus
PM-CARES offers a handy panacea for CEOs' CSR headaches
CSR spending: Rise in number of firms going beyond 2% mandate, says report
Companies who are not required to spending allocating budgets for CSR are spending
As CSR spends touch Rs 12,000 cr, investigators stalk ghost beneficiaries
Companies are stepping up scrutiny of how their money is spent
Companies spent Rs 11,867 cr on CSR activities in FY19; highest so far
Maharashtra tops the list; Bihar, N-E suffer with lower spends
CSR initiatives: 44 listed firms included cows in charity work since FY15
It's now five years since CSR was made mandatory under the Companies Act, 2013
Education sector received the lion's share of corporate CSR spend: Govt
Overall, companies in India spent over Rs 52,533 crore on CSR activities during the last four years
Just contributing money is not what govt expects through CSR, says Srinivas
What we urge upon you (companies) is proactive participation and not passive participation, said Corporate Affairs Secretary Injeti Srinivas
Is shareholder capitalism passe?
The emerging backlash against CSR and the resultant endorsement of shareholder capitalism make sense
How social impact companies may help tap impact investment funds
The high-level committee on CSR recently released a report that recommended the creation of a new class of companies called social impact companies (SICs) under the CSR framework
Those in power must empathise
Apart from the hardware of macro-economic policy, officials in power must implement a software solution of listen, listen and listen
Criminal offences in Companies Act to be slashed, govt mulls 65 changes
The offences punishable with imprisonment, a fine, or both are compoundable, and offences punishable with imprisonment and a fine are non-compoundable
New CSR levy: A quasi tax
The approach to push companies, which do not see a business case for CSR, to invest in CSR activities is against the spirit of CSR
CSR law flawed, India needs inclusive growth: US professor Aneel Karnani
There is no attempt by the government nor the press to even attempt to measure the outcomes
