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79% Parents Feel Our School System Lacks Freedom

Time and again, our school education system has been receiving flak. A recent survey conducted in Mumbai considering 800 people reaffirm the concern of parents about the current academic system. Parents are losing faith in the prevailing education system as 75% admit to alienation of school learning from the real and practical world, a study...

Impact Investing In India Could Grow To $6-8 Billion By 2025, Says McKinsey

New research from McKinsey suggests that impact investments in India have reached over $4.1 billion in cumulative investments over the past six years. The sector is growing at about 15 per cent annually. From the investments made, at least 60-80 million lives were touched last year across socially relevant sectors such as financial inclusion,...

CSR: 4,195 cos spend nothing; show cause notices to 496 firms

Government has issued show cause notices to 496 companies for not complying with CSR norms while about 4,195 companies have not spent a single penny on corporate social responsibility activities, Parliament was informed today. The reasons for not spending included companies not finding suitable implementing agency, delay in formation of CSR committee and inability to...

MCA Pulls Up Companies Over Lack Of CSR Spends

The ministry of corporate affairs (MCA) has criticized companies for failing to meet the mandatory spending requirement on corporate social responsibility (CSR) initiatives. Rejecting reasons cited for not spending on CSR, the ministry has told companies that they can contribute to the Prime Minister’s National Relief Fund to meet their targets, said two officials familiar...

Nifty 50 Companies Spent 92.7% Of The Mandated Rs 5,478 Crore On CSR Activities This Year

Spending increased by 27% this year on Corporate Social Responsibility (CSR) activities. Nifty 50 companies were able to spend Rs 5,082 crore out of the mandated Rs 5,478 crore as per findings of a report published by CimplyFive Corporate Secretarial Services, a tech solution provider for compliance. The Companies Act, 2013 mandates every registered companies with a...

Corp Affairs Ministry to Hold Sensitisation Workshops on CSR Norms

To ensure better compliance, the Corporate Affairs Ministry plans to conduct workshops for officials and other stakeholders to sensitise them about social welfare spending norms under the companies law. The move comes against the backdrop of instances of discrepancies in data and lapses being noticed by the Ministry with regard to compliance with CSR rules...

Kailash Satyarthi To Launch Global Initiative For Children With Nobel Laureates

Nobel Laureates and world leaders will be present in India to discuss and derive solutions for protection of child rights in New Delhi, Kailash Satyarthi, the Nobel Peace Laureate from India announced in a press conference on Thursday. First summit has been scheduled on December 10 & 11 in New Delhi to discuss the issues...

Musical Treat For Hearing Impaired

Navratri in India is renowned as a festival of dance and music. People from all walks of life come together to play ‘Garba’ and ‘Dandiya’ the traditional folk dance for nine nights with lot of fanfare. While most people enjoy playing in the festival thoroughly there are certain sections in the society who are hesitant...

PM National Relief Fund Scheme Receives 400% More CSR Funds In 2015-16

Corporate Social Responsibility (CSR) Expenditure on PM National Relief Fund (PMNRF) increased four-fold in the last year as compared to the previous year and expenditure on child mortality and maternal health saw a decrease of 22% spending, according to a report released by Prime Database. The study was based on an analysis of companies listed...

Half of World’s Disabled Children Are Kept Out of Schools: Report

At least half of the world’s 65 million school-age children with disabilities are kept out of the classroom because little to no money is budgeted for their needs, a disability rights groups said in a report on Monday. Light for the World, a charity which supported the research, said stigma and misinformation surrounding disability as...

India Inks MoU With European Union On Water Co-operation At WSDS

India signed a Memorandum of Understanding (MoU) with European Commission for water resources development and management. The agreement was inked after the approval was given by the Union Cabinet for the MoU to be signed under the Chairmanship of the Prime Minister of India Narendra Modi. Uma Bharti, Union Minister of Water Resources, River Development...

Maharashtra Leads The IGBC Registered Green Buildings List in India

With 1,124 green buildings registered with Indian Green Building Congress (IGBC), Maharashtra ranks first in the Indian states’ list. The significant contribution by the state take India’s registered green building foot-print to 3.86 billion square feet, the second best globally after the United States. The recent data on state-wise green buildings released by IGBC, part...

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