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CSR funds worth INR 8,314 crore remained unspent over three financial years

Corporate Social Responsibility funds worth over Rs 8,314 crore remained unspent over three financial years starting from 2014-15, according to the government. Under the Companies Act, a certain class of profitable entities are required to shell out at least two per cent of their three-year annual average net profit towards CSR activities in a financial...

8th Edition of India Art Festival – Jan 17-20

The India Art Festival’s Eighth Edition returns this year in Mumbai a month earlier than usual, on January 17. This year IAF will be having an outstanding array of 40 galleries with their 300 artist and over 250 individual artists participating from India and from cities worldwide. India Art Festival’s complete booth sale out six months...

USA: Companies’ Commitment to CSR Influences Buying Decisions More Than Price

People prioritize environmental and human-focused causes over price, according to a new survey from Clutch, the leading B2B ratings and reviews firm. Most people say a company's commitment to environmentally-friendly business practices (71%), social responsibility (68%), and giving back to the local community (68%) are among the most important attributes of a company. Less than...

PSUs to identify annual themes for CSR

Public sector units (PSUs) will now identify central themes for corporate social responsibility activities every year, with 60% of their CSR expenditure dedicated to the thematic programmes, as per new guidelines issued by Department of Public Enterprises. The norms call for aspirational districts to be accorded preference by central public sector enterprises (CPSE) for their...

NITI Aayog, NSE Foundation join hands to improve quality of life of citizens in Aspirational Districts

The National Stock Exchange of India Ltd. (NSE) today signed a Statement of Interest (SoI) with NITI Aayog to improve quality of life of citizens by providing safe drinking water supply and sanitation, education and elder care sectors in mutually agreed three Aspirational Districts of Ramanathapuram in Tamil Nadu, Karauli in Rajasthan and Nandurbar...

United Nations ESCAP appoints Eminent Persons Advisory Group

In view of the United Nations Development System transformation currently underway, the Executive Secretary of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) has appointed an Eminent Persons Advisory Group to identify strategic policy areas and further enhance the regional commission’s focus to deliver on the 2030 Agenda for...
government school

Bharat Dynamics Limited to give Rs 9 crore to govt schools under CSR

Bharat Dynamics Limited donated INR 9 crore to 746 government schools in Kamareddy district in Telangana for purchasing computers, projectors, LED screens, sound system and other equipment. Kamareddy Collector Dr. N Satyanarayan and BDL Additional General Manager Battu Srinivas inked a Memorandum of Understanding (MOU) at the Kamareddy Collectorate and issued a cheque worth INR...
CSR news

CSR Not to be Treated as Peripheral Activity, Says Union Minister

Corporate Social Responsibility (CSR) works should be part of the long-term strategy of companies and should not be treated as ad hoc activities, Union minister P P Chaudhary has said. The Minister of State for Corporate Affairs also emphasised the CSR activities help in bridging the gap between rural and urban areas. Under the Companies Act,...

NCL Donates Rs 1 Crore for ‘Swachh Bharat Kosh’

The Northern Coalfields Limited (NCL), a Coal India subsidiary, has contributed Rs. 1 crore towards the government's 'Swachh Bharat Kosh'. 'Swachh Bharat Kosh, established under the Department of Expenditure, Ministry of Finance of the central government, was set up to attract Corporate Social Responsibility (CSR) funds to be used for PM Modi's 'Swachh Bharat' campaign. An...
CSR club Pakistan

Pakistan: CSR Club applauded for its social action measures in 2018

In 2019, the CSR Club Pakistan will embark upon a mission to act upon a composite plan to do tree plantation campaigns, health, educational, and skill development programs, and jobs creation for youth. This will be achieved by undertaking collaborative measures with the concerned corporations, non-governmental organizations, industrial associations, and other stakeholders. Representatives of different...

CSR initiative in support of the girl child

Around 2.39 lakh girls aged less than five year die every year in India while almost 1.2 crore of Indian girls have been aborted since 1981, such is the sad state of the ‘Girl Child’ in our country. To address the criticality of the situation, Star Suvarna has come to the fore and contributed...
Dharmendra Pradhan inaugurates ONGC project

Dharmendra Pradhan inaugurates ONGC CSR project to promote organic farming

ONGC, in collaboration with Eklavya foundation has set up Center for Agriculture Research and Training in Telangana for training farmers in organic farming. Dharmendra Pradhan, Minister of Petroleum & Natural Gas and Skill Development and Entrepreneurship, inaugurated the CSR project for the construction of hostel, classrooms, computer labs & administrative block at the center. The...

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