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Govt Allows Using CSR Fund & Donations To Build Multi-storey Shelter For Homeless

In a move to push the construction of more shelters for homeless in big cities like Delhi, the housing ministry allowed using corporate social responsibility (CSR) funds and other donations for this task. The companies and donors will be allowed to display names of such donors. A panel headed by Union housing minister M Venkaiah...

Govt Asks Top 50 Cos To Fund Incubators As CSR Spend

The government has asked the country's top 50 companies to fund incubators as part of their corporate social responsibility (CSR) spend, a move meant to strengthen the start-up ecosystem. Large companies have to allocate 2% of their profits towards CSR but have competing demands - from building toilets to funding education. In a letter to...

Government Exploring Ways To Mobilise Funds For Swachh Bharat Kosh

Finance Ministry and the Ministry for Drinking Water and Sanitation (DWS) will meet next week to deliberate on ways to mobilise more funds for the Swachh Bharat Kosh (SBK). Established in November 2014 under the Finance Ministry, SBK has been set up to attract CSR funds and contributions from individuals and philanthropists in response to the call given by Prime Minister...

Meet The Winners Of The CSR Journal SWAG Awards 2016

The CSR Journal celebrated its anniversary on 8th July, and organised its first SWAG (Social Welfare & Growth) Awards to felicitate initiatives in the social space. On the occasion, participants were assessed and honoured by an independent jury that included Rohit Misra, CEO, Starkey, Shrikant Sinha, CEO, NASSCOMM Foundation, Vivek Talwar, Chief Sustainability Officer, TATA...

Converting Waste To Aroma

Things changed for Nikhil Gampa, an ex-student of Tata Institute of Social Sciences (TISS) after he suffered Malaria during his college days. The disease which further led him to search for a solution to resolve the problem of floral waste generated mainly due to religious offerings. During an industrial visit from college, Gampa had stayed...

Role Of Investors In Driving Sustainability Is Poor: Study

A study surveying over 1000 CEOs from over 100 countries and more than 25 industries, shows businesses to be more responsible towards United Nations Sustainable Development Goals (SDGs). But role of investors in the process seems to be low. Only 10% of chief executive officers (CEOs) cite pressure from investors as a top three factor...

Long Way To Go: India Ranks 110th Among 149 Countries For SDGs

India holds 110th position among 149 United Nations (UN) member countries in terms of Sustainable Development Goals (SDG) agreed upon by countries in 2015 according to the newly developed SDG Index. India’s overall index score of 48.4 indicates that India is on average 48.4% of the way to the best possible outcome across the 17...

The Faith In Boxing – Mary Kom Boxing Foundation

Padma Bhushan winner Mary Kom hails from a small district of Churachandpur, Manipur. As a child, she spent time working in jhum fields as a child labourer. At a young age, she had to shoulder responsibilities after being the eldest of four siblings. The love for sports only grew during her tough times. By the...

Over 1,900 Companies Spend Rs 8,029 Crore Towards CSR Works In 2014-15

NEW DELHI: More than 1,900 companies shelled out a total of Rs 8,029 crore towards corporate social responsibility (CSR) activities in 2014-15, the government said. Out of these companies, 116 were public sector undertakings while 1,790 were private sector entities, Minister of State for Corporate Affairs Arjun Ram Meghwal told Rajya Sabha. Under the Companies Act,...

Slum Soccer Partners with Tata Trusts and Footballers Players Association of India for Homeless World Cup 2016

Slum Soccer, an organization that uses Football as a tool for social upliftment of downtrodden demographics and at-risk youth, announced that it has partnered with Tata Trusts and Football Players Association of India (FPAI) for team India’s participation in the Homeless World Cup 2016. Homeless World Cup is an annual football tournament focusing on...

Auqaf Islamia Khrew Disputes CSR Funding Claims Of Cement Factory Owners

Auqaf  Islamia Khrew Thursday rubbished the claims of cement factory owners of providing them 4 crore rupees as CSR funds annually for development of the town and termed it as a ‘white lie’. The rejoinder from the Auqaf Islamia Khrew  (AIK) has come after cement factory owners had revealed before the Chief Minister Mehbooba Mufti,...

RBI asked SBI to rein in CSR spending: Arundhati Bhattacharya

The stress in the financial system is taking a toll on corporate social responsibility (CSR) spending by banks. The Reserve Bank of India (RBI) has advised State Bank of India (SBI), the country’s largest lender, to not spend 2% of its profit on CSR till the stress in the financial sector eases, according to the...

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