The CSR Journal
A Feat Yes, But Miles To Go…
Today is the day when it all started... the day when The CSR Journal was launched in 2014. We are celebrating our second anniversary and you, our audience, have made it possible to keep us going. We couldn't possibly have a celebration without you.
Today we would like to publish something rather different. An insight...
Government plans awards for CSR activities
Government plans to institute awards for corporate social responsibility (CSR) activities across sectors as part of efforts to incentivise companies to take up work towards social welfare.
The Corporate Affairs Ministry, which is implementing the Companies Act, is working on the idea of having such awards.
Under the Act, a certain class of profitable companies is...
2,351 Companies Spend Nil, 776 Firms Engage NGOs
As many as 2,351 companies have not spent a single penny on corporate social responsibility (CSR) activities, while a total of 776 firms have engaged NGOs for implementing such tasks, Parliament was informed today.
The new Companies Act mandates every company with a networth of Rs 500 crore to set aside minimum 2% of their...
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,...