The CSR Journal
CSR: Child Heart Foundation Collaborates with Balakram MCD Hospital, Delhi to Establish Pediatric Cardiac Care Center
Cardiovascular diseases are commonly associated with adults but also affect a significant number of children in India, posing serious health risks and complications. The National Library of Medicine states that 9 out of 1,000 babies are born with CHD. In India, more than 2 Lakh children are born with congenital heart defects every year...
55.6% Indians Cannot Afford Healthy Diet: UN Report
About 55.6 per cent of India’s population is unable to afford a healthy diet, according to the United Nations’ State of Food Security and Nutrition in the World (SOFI) report. While this number has been decreasing each year consistently except for the time India was battling with the COVID-19 pandemic, it is still higher than the average...
Budget 2024: India to Prepare Climate Finance Taxonomy
Finance Minister Nirmala Sitharaman has announced that the government would develop a ‘climate finance taxonomy’, in the “Next Generation Reforms” section of the Union Budget 2024-2025. “We will develop a taxonomy for climate finance to enhance the availability of capital for climate adaptation and mitigation. This will support the achievement of the country’s climate...
Budget 2024: Companies To Use CSR For 10% Of Internship Costs
Companies will now be required to use their CSR funds to cover 10 per cent of internship costs, as announced by Union Finance Minister Nirmala Sitharaman in her budget speech on July 23, 2024.
The initiative is aimed at creating opportunities for one crore youth in the top 500 companies over the next five years....
Budget 2024: Tax structure under new regime revised
Finance Minister Nirmala Sitharaman tabled the Union Budget 2024 for the seventh time today. In her budget speech Shri Nirmala Sitharaman revamped income tax slabs under the new regime in Union Budget 2024 in a bid to make it more attractive. The standard deduction limit was also hiked from Rs 50,000 to Rs 75,000, marking an...
CSR Spending Grew by 53% from 2014 to 2022: Economic Survey 2024
The commitment of Indian conglomerates to Corporate Social Responsibility (CSR) has seen a 53 per cent increase between financial years 2017-18 and 2021-22, according to the Economic Survey. The substantial and consistent growth in CSR spending sheds light on the hoslitic approach towards social development at the hand of both - government and private...
CSR Report: HDFC Bank Spends Rs 945.31 crore towards CSR in FY 2024
HDFC Bank, one of the highest CSR spenders in India, reported an expenditure of Rs 945.31 crore on Corporate Social Responsibility (CSR) initiatives for the Financial Year 2023-24 in its Integrated Annual Report. The bank had spent Rs. 820.89 crore in FY 2023, which means there has been an increase of Rs 124.42 cr...
Climate Change Directly Impacts Education: UN Report
According to a new report, climate change has a direct impact on education. A report by the Global Education Monitoring Report of United Nations Educational, Scientific and Cultural Organization has highlighted the long-term impact caused as a result of climate shocks experienced during the early childhood years.
The paper, which is part of a series...
Maharashtra Chief Minister announces ‘Ladla Bhai Yojana’ scheme for youth
After launching the Mukhyamantri Majhi Ladki Yojana earlier this month with an aim to empower the women in the state by providing them with financial support, the Government of Maharashtra has launched the 'Ladla Bhai Yojana' to benefit youths.
However, the Chief Minister has clarified that even though Mukhyamantri Majhi Ladki Yojana is aimed to...
Digital Economy causing Environmental Damage: UN
The United Nations has warned that the rapid digitalisation of the global economy is costing the environment significantly. This is the result of extensive usage of water and energy bu the data centres that are used to power AI.
The UN trade and Development Agency UNCTAD stated in a report that while digitalisation is essential...
JSW Steel Spent Rs. ₹235 Crores on CSR in FY2023-24
JSW Steel is India’s leading and one of the world’s most efficient integrated steelmakers. The Company led by Sajjan Jindal, spent Rs. 235 crores on its Corporate Social Responsibility (CSR) projects during the fiscal year 2023-24. It has aligned its CSR programs to the key areas of health and nutrition, education and learning, agri-...
Youth Skills Day: Top CSR Initiatives Skilling Youth in India
July 15 is observed as World Youth Skills Day with an aim to emphasise upon skilling the youth with the contemporary skills to empower them and promote economic development. With the advent of generative AI and other technologies, a lot of traditional jobs are facing existential crisis. Amid this, it is important to ensure...