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A Feat Yes, But Miles To Go…

Today is the day when it all started... the day when The CSR Journal was launched in 2014. We are celebrating our second anniversary and you, our audience, have made it possible to keep us going. We couldn't possibly have a celebration without you. Today we would like to publish something rather different. An insight...

One Day To Go For SWAG (Social Welfare & Growth) Awards 2016

The CSR Journal is celebrating its anniversary and establishing a platform for individual efforts to empower the underprivileged society through SWAG (Social Welfare & Growth) Awards 2016. The occasion will also mark the commencement of crucial announcements by The CSR Journal. In addition, performances by Dancing Queens, an LGBTQI community-based dance group. Stand-up artist Kenneth Sebastian. An exclusive song...

100 Companies Get Government Notice On CSR Spend

The Registrar of Companies (RoC) has served warning to about 100 companies over non-disclosure or improper disclosure of their corporate social responsibility (CSR) spending, sending a strong signal that the government is very serious about compliance. Regional registrars of companies (RoCs) have shot off notices to companies asking them to furnish further details of spending...

A Feat Yes, But Miles To Go…

Today is the day when it all started... the day when The CSR Journal was launched in 2014. We are celebrating our second anniversary and you, our audience, have made it possible to keep us going. We couldn't possibly have a celebration without you. Today we would like to publish something rather different. An insight...

Government plans awards for CSR activities

Government plans to institute awards for corporate social responsibility (CSR) activities across sectors as part of efforts to incentivise companies to take up work towards social welfare. The Corporate Affairs Ministry, which is implementing the Companies Act, is working on the idea of having such awards. Under the Act, a certain class of profitable companies is...

2,351 Companies Spend Nil, 776 Firms Engage NGOs

As many as 2,351 companies have not spent a single penny on corporate social responsibility (CSR) activities, while a total of 776 firms have engaged NGOs for implementing such tasks, Parliament was informed today. The new Companies Act mandates every company with a networth of Rs 500 crore to set aside minimum 2% of their...

Govt Allows Using CSR Fund & Donations To Build Multi-storey Shelter For Homeless

In a move to push the construction of more shelters for homeless in big cities like Delhi, the housing ministry allowed using corporate social responsibility (CSR) funds and other donations for this task. The companies and donors will be allowed to display names of such donors. A panel headed by Union housing minister M Venkaiah...

Govt Asks Top 50 Cos To Fund Incubators As CSR Spend

The government has asked the country's top 50 companies to fund incubators as part of their corporate social responsibility (CSR) spend, a move meant to strengthen the start-up ecosystem. Large companies have to allocate 2% of their profits towards CSR but have competing demands - from building toilets to funding education. In a letter to...

Touching Lives, Snow’s Way

Swachh Bharat Abhiyaan, an ambitious project launched by the Central Government aims to make India open defecation free by October 2019, the 150th anniversary of Mahatma Gandhi. To reach this goal, plenty needs to be done at various levels pan-India. While the government and corporate firms are doing their bit, citizens are coming forward too. Not...

Over 1,900 Companies Spend Rs 8,029 Crore Towards CSR Works In 2014-15

NEW DELHI: More than 1,900 companies shelled out a total of Rs 8,029 crore towards corporate social responsibility (CSR) activities in 2014-15, the government said. Out of these companies, 116 were public sector undertakings while 1,790 were private sector entities, Minister of State for Corporate Affairs Arjun Ram Meghwal told Rajya Sabha. Under the Companies Act,...

Auqaf Islamia Khrew Disputes CSR Funding Claims Of Cement Factory Owners

Auqaf  Islamia Khrew Thursday rubbished the claims of cement factory owners of providing them 4 crore rupees as CSR funds annually for development of the town and termed it as a ‘white lie’. The rejoinder from the Auqaf Islamia Khrew  (AIK) has come after cement factory owners had revealed before the Chief Minister Mehbooba Mufti,...

RBI asked SBI to rein in CSR spending: Arundhati Bhattacharya

The stress in the financial system is taking a toll on corporate social responsibility (CSR) spending by banks. The Reserve Bank of India (RBI) has advised State Bank of India (SBI), the country’s largest lender, to not spend 2% of its profit on CSR till the stress in the financial sector eases, according to the...

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