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Editor's Pick
Life and Philanthropy of the Legendary Singer Lata Mangeshkar
Lata Mangeshkar, the legendary singer breathed her last on Sunday, Feb 6th 2022, after a prolonged illness at the age of 92. The Bharat Ratna Awardee singer was muse to some of the country’s greatest music composers. Talking about his inspiration for making music, the celebrated music composer S.D. Burman had once allegedly said,...
World Wetlands Day: Action for People and Nature
On August 30th of 2021, the United Nations General Assembly adopted Resolution 75/317, which proclaimed February 2nd of every year as World Wetlands Day. Thereby making 2nd February 2022 the first-ever World Wetlands Day.
What is World Wetlands Day?
World Wetlands Day is a United Nations international day, aimed at raising awareness among people about wetlands....
Leaderspeak: India Inc reacts to the Union Budget 2022
Finance Minister Nirmala Sitharaman tabled the Union Budget 2022 yesterday, calling it 'inclusive and growth-oriented' – among other things – in her speech. But was it really? What did the corporate sector really think about the announcements with regard to CSR, inclusive development, job creation, the EV ecosystem and climate action? We asked leaders...
Role of Women in Developing the Landscape of Philanthropy
According to Forbes, there were 328 female billionaires last year, up by 36 per cent as compared to the previous year. It has also been estimated that women's global wealth will reach $81 trillion by 2023.
As the wealth of women increases so does their participation in the philanthropic community. And with increasing participation in...
Free vaccination drives and CSR activities by Indian companies during the third wave
The third wave of COVID-19 came like a jolt out of the blue just as citizens were settling into a false sense of safety. However, this time the nation was better prepared. Not only were a record number of people double vaccinated against the virus, public and private players had already laid the groundwork...
This Pune Doctor Delivers Female Babies at No Cost
The birth of a girl child is still considered to be a burden in several regions of India. This clearly reflects on the skewed gender ratios in different states in the country. The cases of female infanticide are not that rare in several regions. Moreover, the cases where female children are either abandoned or...
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...
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...