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What are the Union Budget 2022 expectations of corporate leaders?

In light of the continuing pandemic, health has become the biggest priority for people and nations alike. In India, the pandemic exposed several gaps in the existing healthcare infrastructure; however, the government has been quick to come up with reforms and policy level changes to address the issues. Yet there is still in need...

The Ultimate CSR Report of Godrej Consumer Products Limited

Godrej Consumer Products Limited (GCPL) is a consumer goods company under the Godrej Group. As a leading emerging markets company, GCPL enjoys the patronage of 1.2 billion customers globally. In the fiscal year 2020-21, Godrej Consumer Products Ltd. (GCPL) spent Rs. 34.08 crore on its CSR initiatives. Over 2.77 lakh persons from the most vulnerable...

National Youth Day 2022 – Top 5 CSR programmes making Indian youth future-ready

National Youth Day is celebrated every year on 12th January but since the pandemic, the much-discussed demographic dividend is facing many challenges. India's corporate might is doing its bit to make the young future ready. Here is an overview of the CSR programmes that are empowering the country's youth. 1. ICICI Academy for Skills ICICI Academy...

Top Philanthropy Trends to Expect in 2022

The year 2022 will be marked as the recovery year after the pandemic. It is expected that during this year, the innovative startups and social enterprises that were established during the last two years will get a major boost, allowing the growth of the number of young wealthy people. This will, in turn, also...

Boom in Sustainability-Linked Loans (SLL)

In the coming year, you will be hearing more about the concept of the Sustainability-Linked Loan (SLL). Sustainability Linked Loans differ from ordinary green loans in the sense that they can be used for general corporate purposes rather than for a specific purpose. SLLs give borrowers the opportunity to apply the loan toward general business...

Rs. 1.09 lakh Cr Spent on CSR in 7 Financial Years

India Inc. has spent Rs 1.09 lakh crore towards various CSR activities in the last seven financial years, Ministry of Corporate Affairs (MCA) has remarked. The spending is focused on issues including those related to health, education and poverty eradication, among others as observed by MCA. Positive Response to the CSR Law Minister of State for Corporate Affairs...

Public sector oil companies spent Rs. 5,582 crore on CSR in last 3 years

The Minister of State for Petroleum and Natural Gas, Rameswar Teli in a written reply to a question in the Rajya Sabha on Monday informed that Public Sector Oil Companies (PSUs) have been earmarking 2% of their average Net Profits made during the three immediately preceding financial years as per Section 135 of the...

Five Sustainability Trends to Watch Out for in 2022

Global warming has started to severely impact the climate of the countries in the world. The urgency to control and limit the impact on the climate has led world leaders to take actions towards embracing sustainability. During the recently conducted climate summit in Glasgow, the governments reaffirmed their commitments towards the climate by setting...

Crowdfunding Campaigns for Environment Conservation

Climate change is impacting the life of every individual in one or another manner. We read about its impacts, causes and question our leaders about the actions being taken to prevent it. We often wonder, how can we contribute in fighting against this. The answer is – crowdfunding. Several environment, waste management and pollution control...

Importance of dramatic play in schooling and education CSR initiatives

Pablo Picasso once said, “All children are born artists, the problem is to remain an artist as we grow up.” Most education models, however, remain oblivious to the importance of feeding a child’s creativity and imagination as they focus primarily on rote learning. Rajesh Bhatia, whose chain of virtual play schools, TreeHouse Education makes use...

Healthcare Gets about 55% Share of CSR Expenditure in Gujarat in FY21

The COVID-19 pandemic caused havoc in the country with limited resources and numerous cases at a time. The healthcare emergency caused because of this led the companies in India to shift their CSR focus towards healthcare more than any other sector. It is certainly the case in Gujarat where the healthcare sector has grabbed...

Zerodha Founders Pledge to Donate 25% of Their Wealth to Philanthropy

Zerodha co-founders Nithin and Nikhil Kamath have made a commitment to donate 25 per cent of their wealth for philanthropic purposes. The announcement adds them to the list of several other billionaires across the globe who have made similar pledges. What is Zerodha? Zerodha is a company that has made trading barrier-free possible. It is India's...

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