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CSR law: Penalty clause underway for repeated non-compliance CSR law: Penalty clause underway for repeated non-compliance
Rebuffing rumours of the new government being lenient on the newly formed corporate social responsibility (CSR) law, interesting media bytes are coming in from senior officials. The government is taking a stern stand as it plans to formalize a penalty clause...
Banks’ request for exclusion from CSR law rejected Banks’ request for exclusion from CSR law rejected
The finance ministry’s proposal to exempt banks from mandatory corporate social responsibility (CSR) has been rejected by the corporate affairs ministry. Interestingly, both the ministries are headed by Arun Jaitley, who also heads defence ministry.
Companies may route CSR funds toward J&K rehabilitation Companies may route CSR funds toward J&K rehabilitation
It is to be noted that all contributions by companies made towards relief and rehabilitation qualify to be counted under their mandated corporate social responsibility (CSR) spends. Such contributions, as per Schedule VII in Section 135 of the Companies Act, may be counted under...
India’s first coral garden to come up at Mithapur coast India’s first coral garden to come up at Mithapur coast
The Mithapur Coral Garden will house nearly all coral species found in Gulf of Kutch. Just as in a terrestrial botanical park or garden, the reef will be separated into various sections based on accessibility. ‘Controlled and regulated tourism and diving can be allowed near coral gardens, ultimately helping in conservation awareness of common people..
Embedding Modi vision in CSR, businesses building toilets in the rural Embedding Modi vision in CSR, businesses building toilets in the rural
Prime Minister Narendra Modi did not shy away from elaborating on the evils of open defecation, faced especially by the women. While he urged the government machinery to step up efforts to build toilets, corporate India too seems to have got the message.
CSR: We are keenly watching, says Nirmala Sitharaman CSR: We are keenly watching, says Nirmala Sitharaman
With the change of regime in the centre, a section of supposed experts on corporate social responsibility had started assuming that the new government might not focus on CSR as much. And with the regime’s liberal attitude towards industries and granting environmental clearances...
CSR: Will corporates look at CRISIL ratings now? CSR: Will corporates look at CRISIL ratings now?
It may also be noted that thousands of NGOs are based out of small towns and villages and do meaningful work on shoestring budgets. How CRISIL will reach them in the first place and then evaluate them on financial proficiency is a matter of wait and watch.
CSR: Will corporates look at CRISIL ratings now? CSR: Will corporates look at CRISIL ratings now?
It may be noted that thousands of NGOs are based out of small towns and villages and do meaningful work on shoestring budgets. How CRISIL will reach them in the first place and then evaluate them on financial proficiency...
Sustainable development goals (SDGs) proposed to succeed the MDGs Sustainable development goals (SDGs) proposed to succeed the MDGs
A UN working group has devised a final draft of ‘sustainable development goals’ (SDGs) to succeed the millennium development goals. The draft includes 17 goals and 169 targets to be achieved by 2030. The Sustainable Development Agenda will address persistent issues and new challenges facing people and the planet. The MDGs faced criticism for not...
Narcondam hornbill versus national security; some decisions to be made Narcondam hornbill versus national security; some decisions to be made
Considering that the hornbill has a tiny range of less than 27 square kilometres and flies short distances, it will either have to cohabit with the radar station or simply vanish, forever.
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