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Top CSR initiatives in Nagpur
Nagpur is a burgeoning city in Maharashtra which is considered among the greenest and cleanest in India. In addition to being the seat of the annual winter session of Maharashtra state assembly 'Vidhan Sabha', Nagpur is also a major commercial and political centre of the Vidarbha region. It is known as the 'Orange City'...
Sikkim Urja Limited Visible at the biggest Public Park of Delhi while facing FIR from its own People
Strolling across the green covers of Nehru Park, one can spot something inside it that is not so Delhi, the Sikkim Urja Limited Steel Dustbins as part of their CSR responsibility. Populating the entire park, these dustbins are strong and durable enough for the moody weather as well as people of the capital city....
Frequently Asked Questions (FAQs) on Corporate Social Responsibility (CSR)
Corporate Social Responsibility (CSR) was declared mandatory by the Government of India on 1st April, 2014. As per the Companies Act of 2013, Section 135, companies that meet certain turnover and profitability requirements, will have to spend at least 2% of their average net profit of the previous three years on CSR activities.
However, a...
All Senior Citizens Aged 70 and Above will be covered under Ayushman Bharat Scheme: Centre
Now, all senior citizens aged 70 and above will be covered under Ayshman Bharat Scheme. The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the proposal of providing health coverage to all the senior citizens aged 70 and above irrespective of their income under the flagship scheme, Ayushman Bharat Pradhan Mantri Jan Arogya Yojana...
How Artificial Intelligence is used to identify tendencies and prevent suicide
Social media company Meta helped save the life of a young woman in Lucknow last week after it got a hint of her suicidal tendency through her virtual behaviour. The woman had posted a distressing video on Instagram where she had a noose around her neck. Lucknow Police took action to prevent the woman...
India causes highest Plastic Pollution in the World: Study
India causes the highest amount of plastic pollution in the world, a new study has discovered India burns about 5.8 million tons of plastic every year, and it further releases 3.5 mt of plastics into the environment (land, air, water) as debris. In total, the country is responsible for 9.3 mt of plastic pollution...
Ministry of Coal conducts mid-year review meeting to assess CSR activities of Coal PSUs
With an aim to assess the progress of ongoing CSR initiatives, evaluating their impact on the communities, and aligning them with the guidelines of Government of India, a mid-year review meeting of the CSR activities of Coal PSUs was conducted by the Ministry of Coal in Delhi on Monday.
The discussions focused on the implementation...
CSR Law to be Amended to Include Internships Eligible for CSR Expenditure
The Ministry of Corporate Affairs (MCA) is expected to introduce an amendment to the Corporate Social Responsibility (CSR) law to include the proposal made during the recent Union Budget, of creating internships for young individuals by large corporations. The move will offer unique learning opportunity to over 10 million young individuals over the next five years, and improve...
Ganesh Chaturthi 2024: Why Plaster of Paris (PoP) idols are popular despite clay being eco-friendly
As Mumbai started celebrating its biggest festival Ganesh Chaturthi or Ganeshotsav on Saturday, over 62,000 idols were immersed in various water bodies in Mumbai on the second day of the festival on Sunday. As per the Brihanmumbai Municipal Corporation (BMC), 62,569 idols were immersed in the sea, other water bodies and artificial ponds till...
Unspent CSR Funds hits five year high at Rs. 1475 Cr. in FY 23
The unspent CSR funds stood at a five-year high of Rs. 1475 crore during the financial year ending on 31st March 2023. According to the National CSR Portal, a lot of listed companies above a threshold have failed in spending the required amount of funds on Corporate Social Responsibility (CSR).
Amount Spent
In total, the listed...
Vantara offers to rescue wildlife being culled by drought-hit Namibia
Ananat Ambani’s animal welfare organisation ‘Vantara’ has extended its support with an aim to rescue the animals which are being culled by Namibian authorities.
As per reports, Namibia has started to cull hundreds of its most majestic wild animals, including dozens of elephants and hippopotamuses, to provide meat for its 1.4 million people. This comes...
Top CSR Projects in Himachal Pradesh
The state of Himachal Pradesh, also referred to as ‘Deva Bhumi’ is known for its scenic mountains and tourist destinations. Agriculture and horticulture are important occupations in the state, owing to the easy availability of water from the perennial rivers.
In FY2022-23, the state received CSR expenditure of Rs. 138.49 Crore from over 230 companies....