Private Companies Can Choose Swachh Bharat Projects Online Now


HOME CATEGORIES HEALTH Private Companies Can Choose Swachh Bharat Projects Online Now

HEALTH



March 21, 2017 The CSR Journal

Private Companies Can Choose Swachh Bharat Projects Online Now


Now companies can go Swachh Bharat shopping. Looking at increasing the participation of the private sector in its flagship programmes, the Narendra Modi government is opening a marketplace to put up all the cleanliness projects it wants help with.

The Ministry of Urban Development is roping in industry groupings including Confederation of Indian Industry, FICCI and Assocham to link up with companies looking to spend their Corporate Social Responsibility (CSR) budget.

The industry associations will help the government in connecting private companies with urban local bodies that are spearheading Swachh Bharat initiatives. The interactive marketplace developed by the ministry lists out projects in need of investments. 

Companies can choose these projects by connecting with the urban local bodies. At present, the private sector is not aligned with the needs of the Cleanliness Mission. So, while companies have the money and the government needs funds, they are not connected seamlessly. 

In 2014-15, 52 public sector units and 409 private organisations in India collectively spent Rs 6,338 crore on CSR activities through 1,790 projects. Of this amount, the contribution to Swachh Bharat Kosh was Rs 15.5 crore, or 0.25%. 

“Companies prefer to fund projects and get them executed through a third party rather than connect with the urban local body,” a senior urban development ministry official told ET. 

“It is usually the impression the private sector has that urban local body means delayed decision-making. The companies are often not aware of the exact project plans of ULBs under the mission and are not aligned with the immediate demands. The marketplace is aimed at changing this.”  Projects in the marketplace would include construction of household, public and community toilets, waste management infrastructure and information, education and communication initiatives. 

The marketplace received a good response from PSUs. In the first phase, it listed 145 projects of which only 14 have completed transactions. About 51 companies showed interest, most of them government-owned. 

(The Economic Times)

Pic courtesy: Cooper Corporation

Thank you for reading the story until the very end. We appreciate the time you have given us. In addition, your thoughts and inputs will genuinely make a difference to us. Please do drop in a line and help us do better.

Regards,
The CSR Journal Team

Tags:

Related Posts


The CSR Journal

Leave Your comment


Advertisement

Video Gallery

View More

Image Gallery

View More

Archives

Follow Us

Tweets

Events

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.

Copyright @ 2017 The CSR Journal