Corporate social responsibility (CSR) contribution to sports, environment, animal welfare, gender equality and slum area development dropped drastically in 2015-16. Clean Ganga Fund and PM National Relief Fund were also among others to receive less CSR funding in 2015-16.
While overall CSR expenditure rose by around 11% in 2015-16 as compared to 2014-15, many important areas received far less funds as compared to the previous year.
Minister of State for Corporate Affairs Arjun Ram Meghwal mentioned CSR expenditure details in a written reply to a question in Rajya Sabha.
Procam’s distance running events have emerged as the largest cause agnostic fundraising platforms in the country. Since 2004, they have brought to light causes of more than 700 NGOs, raising over Rs 261 crores in charity.
No society can flourish in a one-legged manner. Both have to work in tandem and create a sustainable development. The success of Sakshi Malik and P.V. Sindhu is remarkable because they stand out in an oppressive society for women; their battle is also against a disheartening history in sport for the country.
Every third child in India has an unhealthy BMI and only those schools that have more than three sessions of physical education have fitter children, a study has revealed. The nationwide seventh Annual School Health and Fitness Study 2016 has revealed that the fitness and BMI levels of school children in India - regardless of age, gender, region or city continue to be far from satisfactory.
IndusInd Bank launches ‘World Champions Programme - Cricket for the Blind’ in partnership with Cricket Association for the Blind in India. Supports and unveils 26-member IndusInd Bank Blind Indian Cricket Squad.
Rugby Seven’s inclusion in this year’s Olympics has increased its popularity all over the world. Societe Generale, the French multinational banking and financial services company, is now on board as the ‘Financial Partner of Rugby India’ to promote the sport across all categories — Senior, Junior and Women in the country.
Mercedes-Benz under its CSR initiative partnered with Laureus Sport for Good to fund two-Laureus supported programmes Oscar and YUWA in India. The collaboration will see the two sport for development programmes located in Mumbai and Jharkhand benefit. The support will help reach more children, empower and develop young women and girls, it will utilise sport to encourage them to reach higher potential in life.
It was an interesting week in India with millions of them sacrificing sleeps to cheer for their teams at 2016 Summer Olympics in Rio de Janeiro. It was also fascinating note that Indians also watched and supported categories of sports such as golf and gymnastics. It was the same case in 2010 with India hosting Commonwealth Games with large crowds cheering for the home country. It only points out that Indians root for sports and players are keen to give their best to the country.
Founded in 2014, The CSR Journal is a digital news platform. The portal monitors, and covers news and developments in the Corporate Social Responsibility (CSR) domain through a timely news reporting method. Our focus has been towards delivering readers with a one-stop credible platform for everything in and around CSR.