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Corruption leeches funds from wp projects in tribal areas

Even as the State government strives to align corporate funds with its developmental activities, the Maharashtra Lokayukta has been receiving a steady stream of complaints from tribal pockets around Mumbai alleging diversion of Corporate Social Responsibility (wp) funds. Following complaints of leakages and corruption at the village and taluka level, especially in tribal gram sabhas...

Cancer affected children enjoy musical performance of ‘Beauty and the Beast’

About 290 underprivileged children associated with Meljol NGO experienced the live musical performance – ‘Beauty and the Beast’. Meljol is an NGO that focuses on providing life skills to normal children and cancer affected children from St Jude India Child Care Centres and their parents. It is for the first time ever that Disney presented...

Retrospecting CSR in 2015

As the eventful year 2015 passes by and 2016 kick starts, it is a good idea to look back in the year and find its facets and trivia. We bring to you some of the important events, some successful and some unfulfilled expectations highlighted with some hopes from the coming year. The first financial year...

In one Kerala village, members of garment firm’s CSR unit enter politics, raise hopes of change

Calling themselves Twenty20, employees of a manufacturing company stood for panchayat elections and kick-started a transformation     Permanent employees at the Kizhakkambalam panchayat office in Kerala’s Ernakulam district got their first taste of things to come last month when newly elected members of the local body turned up for the oath-taking ceremony in colourful attire. For regulars...

Ministry Favours More Changes In Companies’ Law, Clarity On wp Norms

With an aim to further improve India’s ‘ease of doing business’ ranking, Corporate Affairs Ministry is gearing up for more changes in 2016 to the voluminous Companies Act and bring in further clarity on the wp spending norms. Despite a number of changes this year to the Companies Act, 2013, which itself has replaced over...

Majority companies don’t comply with the 2% CSR spending: Report

As many as 64% of companies didn’t spend the mandatory 2% funds on Corporate Social Responsibility (wp) activities according to the rules laid down by the New Companies Act, 2013. However, the companies managed to spend about 79% of expenditure they were supposed to. According to a report –India Secretarial Practice 2015, compiled by CimplyFive...

India world leader in CR reporting, says KPMG survey

India leads corporate responsibility reporting rates in the world with 100%, up 27% from 2013, thanks to a mandatory requirement for large companies to do so, says a KPMG report.

Swachh Bharat Abhiyan, other schemes ‘fail’ to achieve targets: CAG report

The CAG has pointed out that while the Swachh Bharat Abhiyan was launched by Prime Minister Narendra Modi on October 2, 2014 with an aim of 100 per cent open defecation free India by 2019, before this similar targets for eradication of open defecation were set for 2012, then to 2017 and again for 2022.

Penalise firms for not spending 2% of profits on CSR activities: Parliamentary panel

A Parliamentary panel has suggested to the government that it impose penalty on corporates for not spending mandatory 2% of their net profit on wp activities. Currently, the penalty can be imposed for non-disclosure of wp as per the Companies Act 2013. "There is penalty for non-disclosure, there should be penalty for non-performance in the area of Corporate Social...

Bridging the educational divide

Take up your Citizen Social Responsibility and you can end up seeing a far better and educated India. An initiative by Pratham and ASER Centre aims at tapping the social responsibility of all educated citizens and impart many underserved children quality education in a standard way. “Lakhon Mein Ek” as the campaign is called, was...

Big B : Superstar with a super heart

Big B has often voiced his thoughts on many social causes. On his blog, bigb.bigadda.com, he once wrote, “A celebrity has a responsibility, but it also has a great brand marketing at its doorstep. Read full article in our 'RESPONSIBLE STAR' segment here

Rural students of Palghar district get smart classrooms on Children’s Day

Students of government schools and government aided schools in Palghar have an innovative educational gift this Children’s Day. About 27,000 rural children of the newly made Palghar district would be introduced to over 100 smart classroom systems. The project is supported by the Maharashtra Education Ministry, funded by corporate houses- Dewan Housing Finance Corporation Ltd...

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