The CSR Journal

Nearly 400 companies together shelled out about Rs 5,857 crore towards corporate social responsibility (CSR) activities in two years, Parliament was informed on Tuesday. Under the Companies Act, 2013, a certain class of profitable companies is required to spend at least two per cent of their three-year annual average net profit towards CSR works in a financial year. The norm came into effect on April 1, 2014. An...

The government argued for a plan for sustainable development, balancing the need to protect the environment and continued growth at the third World Conference on Environment organised by the National Green Tribunal (NGT) in New Delhi. Finance minister Arun Jaitley pointed out that the Indian society was at a “critical juncture” with challenges like pulling...

Tata Trusts, the philanthropic arm of the Tata group in partnership with People For Animals, announced their collaboration to build a state-of-the-art, multi-specialty veterinary hospital and emergency clinic that will serve the needs of all domestic and farm animals at accessible and affordable rates. Maneka Gandhi, Union Minister for Women and Child Development and Founder,...

The Gurgaon state government’s efforts to move towards a ‘TB free India’ got a shot in the arm with the installation of Cartridge Based Nucleic Acid Amplification Test (CB-NAAT) machine, ahead of World TB Day at Wazirabad Primary Health Centre today. DLF Foundation has collaborated with the Ministry of Health and Family Welfare. The...

The first bilateral forum to address sustainability issues at the trade and investment between India and Netherlands was launched in New Delhi on Wednesday. It aimed to help Indian businesses in a big way as growing demands and regulations of sustainable practices in international trade aligned with SDGs, are affecting many Indian businesses having...

12th National Convention of Global Compact Network India 28th April, New Delhi Making Global Goals Local Business. A carbon-neutral event on Sustainable Development Goals with professionals from across the world

Earlier in this month, the world celebrated the strength of women and promising to bridge the gap by aiding to create an equal place for them. At the 2017 Asia-Pacific commemoration of International Women’s Day a distinguished panel of experts underscored the need to close the gender pay gap, ensure comprehensive social protection for women...

Union finance minister Arun Jaitley has called for strict discipline and an arm's-length between corporate proposals and spending on corporate social responsibility (CSR) to ensure that companies are not supporting "their own proposals" from this sphere. Delivering the keynote address at an award function at the HCL office in Noida's Sector 126 on Tuesday, Jaitley said the idea of CSR...

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...

The Maharashtra Budget was recently held and tabled by the State Finance Minister, Sudhir Mungatiwar. It saw the allotment of Rs 525 cr for solar energy project, Rs 1605 cr for health and environment programmes in the urban area and Rs 1605 cr for Swachh Bharat. We will now have to wait and see,...

More companies are now spending more in corporate social responsibility (CSR) and top 100 listed companies have seen a jump of about 25% in their spending in last year, according to a research by IiAS. Overall spends of S&P BSE 100 companies increased 25% to Rs.65.5bn, or 1.7% of their three-year average profits. The largest...

Roping in philanthropists and corporate funding, the BMC plans to provide English medium education to students of 35 vernacular schools that were recently shut down due to poor attendance. Promising "superior education" at these schools, the BMC plans to induct professional management groups to run the institutes and convince parents to send back their children....