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Understanding the challenges around CSR spends
By Rajeev Nair (Principal Associate) & Nishant Sogani (Associate), Rajani Associates
Corporate Social Responsibility (CSR) in India is governed by the Companies Act, 2013 (Act) under Section 135 which mandates every company having
(i) net worth of INR 500 crore or more, or
(ii) turnover of INR 1,000 crore or more, or
(iii) a net profit of INR...
CSR: Green enterprise generating livelihood in Assam
Assam’s employment opportunities are inadequate and inaccessible. Unemployment rates are increasing and economic growth is limited to the cities. Alternatives to agricultural employment are focused in major cities, fueling a prominent urban/rural economic gap.
Unemployment is the root cause of increasing crime and terrorism in the Northeast. The way out is creating employment opportunities for...
CSR: Business Benefits of Transparency in Supply Chains
According to the International Labour Organisation, about 24.9 million people are victims of forced labour. Of them, 16 million are employed by the private sector. The large scale of exploitation has prompted governments across the world to introduce legislation that will bring more transparency in the supply chains of big companies.
Greater public disclosure of...
CSR: The Role of Small Scale Fisheries in Blue Economy
Addressing the sustainability of blue economy is a matter of concern across the globe. Especially for India as the country is surrounded by sea from three sides. The health of the oceans and that of other marine species rely on this. The blue economy has been a conversation topic since a while now with...
Rating model for CSR and sustainability maturity
India is among the first countries to mandate CSR but lacks the professional expertise, measurement methodology, rating systems to ensure apt use of the CSR money spent.
Harsha Mukherjee, MD IICSR believes that a Sustainability and Social Responsibility Maturity (SSRM) model would enable the industry and NGOs to rate themselves and take corrective steps...
हाऊ इज दी जोश, सातवें आसमान पर
बदले की आग में झुलसते भारत के कलेजे में ठंडक मिली है, शहीदों के परिवार वालों की मांग आज पूरी हुई है, भारत ने बदला लिया है, पाकिस्तान को करारा जवाब मिला है। देश का हर नागरिक सलाम कर रहा है भारतीय वायुसेना को, देश सलाम कर रहा है जाबांज सिपाहियों को, उन वतन...
CSR: Price of a Cup of Tea
India is among the largest consumers of tea in the world. It represents 19% of the global tea market. Tea is part of every social gathering in the country. However, the price we pay to have that tea is often overlooked by many.
Assam is the tea-growing state of India. The tea industry is mostly...
ICICI Academy for Skills will impart free training in key skills to youth at its new centre in Dehradun
ICICI Foundation plans to train 5 lakh individuals by 2020
With the Prime Minister’s Office taking a keen interest in enhancing skill capabilities of the youth, and PM Narendra Modi’s aim of skilling 500 million people by 2022, industry stakeholders like ICICI Group are working towards closing the gap between skill development and unemployment.
Creating vocational...
CSR report: Huawei Technologies India spent INR 1.43 crore on CSR last year
Huawei India R&D Centre is the first overseas software development center of Huawei, a global information and communications technology (ICT) solutions provider. Established in the year 1999 in Bengaluru, the India R&D center formally known as Huawei Technologies India, spent a total of 1.43 crore rupees on corporate social responsibility in 2017-18. Here's a...
CSR Dilemma – Environment Vs Human Rights
The corporate sector is increasingly getting involved in solving climate problems by making a lot of changes in its operations as well as through their core product offerings. In the last several years there has been an advancement in technology that works towards solving environment-related problems.
The Indian renewable energy sector is the fourth most...
Technology & Sports – A Recipe for Success
Imagine you have to go to work on the day of India’s 2019 CWC final against a well-deserved side, and there is no way for you to know who won? Who scored the maximum runs? Who took the maximum wickets? Before you see it again during the late night highlights. Won’t that make us...
Delhi’s first animal welfare policy panders to humans instead
Birth control of monkeys, a revised regime for sterilisation of stray dogs and electronic chips to identify owners of deserted pets and cattle are some of the measures that Delhi government's first policy on animal welfare recommends.
The 'animal health and welfare policy 2018', which also proposed a cowshed at Ghumanhera where cows will be...