Corporate India gears up for Swachh Bharat Abhiyan
...‘clean’ here includes general cleanliness of streets, roads and infrastructure in the country as well as access for every person to sanitation facilities including toilets, solid and liquid waste-disposal systems, village cleanliness and safe and adequate drinking water supply.
How a few causes missed Rs 12 crore at India’s biggest online sale
Yesterday, when India’s two largest online retailers were celebrating their biggest sale days with much-hyped discounts, there were a few non-government organizations (NGOs) who had their fingers crossed. As these NGOs were listed on Gudville, every visit to Flipkart, Snapdeal and Amazon via Gudville meant...
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
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
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
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..
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?
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.