Business Ethics & Philanthropy
National Handloom Day- relevance of Indian handloom in the present day
It is the year of Azadi Ka Amrit Mahotsav or the 75th Year of Independence Day of India and today is National Handloom Day. This day is celebrated across the nation to remember India’s Swadeshi Movement (7th August, 1905) which had encouraged home-grown industries, especially handloom.
National Handloom Day is observed on the 7th of...
Kolkata boy’s eco-friendly pen to encourage afforestation
What happens to a use and throw pen after the ink is finished? We throw it away and forget about it. Today, we will narrate the story of a use and throw pen, which after being thrown away, will give birth to a plant! Yes, you read that right. Kolkata’s Subhajit Saha has come...
Ms Harmeet Sehra, CSR Head, Cairn Oil and Gas talks about Company’s plans to Net Zero
Cairn oil and gas is the largest private crude oil producer in India. In an exclusive conversation with The CSR Journal, Ms Harmeet Sehra, CSR Head at Cairn Oil and Gas talks about the Company’s focus on the socio-economic development of the communities it engages with and its plans for going Net-Zero. Following are...
The Ultimate CSR Report of Bajaj Finance Limited
Bajaj Finance Limited (BFL), a subsidiary of Bajaj Finserv Limited, is a deposit-taking Non-Banking Financial Company registered with the Reserve Bank of India (RBI). It is primarily involved in the business of lending and acceptance of deposits.
BFL has a diversified lending portfolio across retail, SMEs and commercial customers with a significant presence in urban...
Vedanta Group Spends Rs. 399 Crores on CSR in FY22
Vedanta Limited is one of the world’s leading natural resources companies with interests in zinc-lead-silver, oil & gas, aluminium, power, iron ore, steel and copper, operating across India, South Africa and Namibia. The company, known across the country for its flagship initiative ‘Nand Ghar’, has spent Rs. 399 Crore in FY22 for Corporate Social...
Companies can use CSR Funds for Initiatives Relating to Har Ghar Tiranga Campaign
According to the government, businesses are permitted to use CSR funds for initiatives associated with the "Har Ghar Tiranga" campaign. The announcement was made on Tuesday by the Ministry of Corporate Affairs, with the aim of intensifying the efforts to popularise the campaign.
What is Har Ghar Tiranga Campaign?
The Central Government plans to commemorate the...
Bengal teacher feeding vagabonds at railway station
Have you ever spared a minute to take a closer look at a vagabond limping on a railway station platform or maybe an elderly lady stinking in dirty clothes sitting helplessly on the over bridge? Where do these people come from? What do they eat? Where do they sleep? Today, we will narrate the...
India Inc. Spent Rs. 24,865 Crore on CSR in FY 2020-21
The Corporate Social Responsibility (CSR) spending of India Inc in FY 2020-21 amounted to Rs. 24,865 Crore out of which Rs. 6947 Crore was spent on healthcare activities including the COVID-19-related initiatives. The announcement regarding the CSR spending was made by Finance Minister Nirmala Sitharaman in Loksabha and is also reflected in the National...
JSW Steel Spent Rs. 200.34 Crores on CSR in FY2021-22
JSW Steel is India’s leading and one of the world’s most efficient integrated steelmakers. The Company led by Sajjan Jindal, spent Rs. 200.34 crores on its Corporate Social Responsibility (CSR) projects during the fiscal year 2021-22. It has aligned its CSR programs to the key areas of health and nutrition, education and learning, agri-...
60% of CSR Funds allocated to rural needs, healthcare, and education: Government
According to government records, around 60 per cent of the total CSR funds spent by companies in the last seven financial years were in the areas of education, healthcare and rural development-related activities. The corporate affairs ministry has stated in a written response to the Lok Sabha that during the time period, about 33%...
State Bank of India Spends Rs. 204.10 Crores towards its CSR Initiatives in FY22
State Bank of India is the largest and oldest commercial bank in India, serving a varied customer base. Headquartered in Mumbai, the government-owned, multinational, public sector banking and financial services company has gained the faith and loyalty of millions of customers across the social spectrum. SBI provides several products and services covering retail banking,...
Muthoot Finance has positively impacted over 4.5 lakh through CSR in FY2021-22
Muthoot Finance, India’s largest gold loan NBFC Company has demonstrated its dedication to the socio-economic development of the society and touched more than 4.5 lakh beneficiaries under its CSR initiatives in 2021-2022. The company reported a total spend of Rs. 81.14 Crores on Corporate Social Responsibility initiatives that spanned across delivery of COVID essentials...
