Gurugram civic body GMDA gets Ministry of Corporate Affairs nod to undertake CSR activities

The Gurugram Metropolitan Development Authority (GMDA) has registered itself under the Ministry of Corporate Affairs and is now authorised for undertaking CSR activities in Gurugram. Private firms and corporates who aim to conduct activities pertaining to infrastructure development in Gurugram, can now partner with GMDA for their CSR initiatives.

Gurugram, formerly known as Gurgaon is the country’s second-largest Information Technology hub, and third-largest financial and banking hub. Located in the northern part of Haryana, Gurugram is a major city in the NCR. The city is popularly known as ‘Cyber City’ and ‘Millennium City’ as a number of IT companies are located there, which also makes it a popular destination for major CSR programmes.

Inviting public-private collaboration

Throwing light on the importance of the development, GMDA Chief Executive Officer A. Sreenivas expressed, “It is a huge step forward for GMDA and further strengthens our commitment towards public-private partnership to provide public services and boost civic infrastructure in the city for the benefit of the public at large. All firms and private entities are invited to partner with GMDA in contributing towards the greater growth of the city under their CSR initiative.”

Private companies can now sign MoU with GMDA

With this new development, private companies can now directly sign MoUs with GMDA for the projects they wish to undertake under their CSR initiative. Earlier, the Haryana State CSR Trust (HSCSRT) would facilitate all CSR activities in the State and a tri-party agreement would be signed among HCSSRT, GMDA and the concerned private firm to execute any activity under CSR. The process will now be further simplified for both GMDA and the private firm to carry forward such initiatives.

CSR projects pertaining to various infrastructure development works such as upgradation of roads, footpaths, cycle tracks, building infrastructure to enhance pedestrian safety, supporting improved traffic management on city roads or spearheading activities for environmental protection among others are key areas where the corporate sector can partner with GMDA for the betterment of the residents of the city.