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Corporate Social Responsibility (CSR)

Corporate Social Responsibility on the decline: Why top Indian companies are going low on CSR expenditure?

Corporate Social Responsibility on the decline: Why top Indian companies are going low on CSR expenditure?

Thu, Dec 15, 2022

Many industrialists pointed out that in the last two years, most of them have been more inclined towards meeting the urgent requirements raised by the nationwide fight against Covid-19, so could not spend much on CSR.

Govt amends rules governing corporate social responsibility

Govt amends rules governing corporate social responsibility

Fri, Sep 23, 2022

Under the Companies Act, 2013, certain classes of profitable companies are required to spend at least 2 per cent of their average net profit of the preceding three financial years on CSR activities in a particular financial year.

'Har Ghar Tiranga': Govt allows companies to spend CSR funds for campaign

'Har Ghar Tiranga': Govt allows companies to spend CSR funds for campaign

Wed, Jul 27, 2022

In a circular on Tuesday, the corporate affairs ministry said the campaign is aimed to invoke the feeling of patriotism in the hearts of people and to promote awareness about the Indian national flag.

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Covid-19: Is this the CSR propeller for private sector? Ashwajit Singh, MD, IPE Global explains

Covid-19: Is this the CSR propeller for private sector? Ashwajit Singh, MD, IPE Global explains

Sun, Jul 19, 2020

As coronavirus-caused Covid-19 pandemic continues to shake up the economies across the world, many big corporate houses are coming forward and leaving no stone unturned to offer help to the people hit by the pandemic.

Maruti Suzuki gives job creation big boost with this move

Maruti Suzuki gives job creation big boost with this move

Thu, Dec 27, 2018

The CoE, which is set up in collaboration with Haryana government, will be used to train and improve the level of technical education of polytechnic students in the state, and effectively contribute to Skill India initiative, said a company statement. '

CSR expenditure rises 47%, India Inc spend hits Rs 7,536.3-cr mark

CSR expenditure rises 47%, India Inc spend hits Rs 7,536.3-cr mark

Thu, Dec 27, 2018

In corporate social responsibility (CSR) activities, companies in India spent Rs 7,536.3 crore in 2017-18, a 47 per cent rise compared to 2014-15, said KPMG India CSR Reporting Survey 2018, adding "This is a significant rise, clearly demonstrating higher expenditure towards CSR activities from th

Arun Jaitley on how this 'new beginning' powered India's social sector

Arun Jaitley on how this 'new beginning' powered India's social sector

Wed, Dec 26, 2018

Union Finance Minister Arun Jaitley on Tuesday said that India's healthcare institutions receive donations from religious groups and CSR programmes unlike other countries which receive large endowments.

Corporate Social Responsibility: CSR funds worth Rs 8,314 cr remained unspent from 2014-15

Corporate Social Responsibility: CSR funds worth Rs 8,314 cr remained unspent from 2014-15

Tue, Dec 18, 2018

As per data provided by Corporate Affairs Minister Arun Jaitley in a written reply to the Rajya Sabha, the total unspent CSR funds stood at Rs 8,314.08 crore during the three financial years -- 2014-15, 2015-16 and 2016-17.

Crackdown against India Inc: Over 5,000 firms get notices for CSR non-compliance

Crackdown against India Inc: Over 5,000 firms get notices for CSR non-compliance

Mon, Dec 17, 2018

About 254 companies are facing prosecution for violations during 2014-15.

Private sector spends more than double on CSR than state-run companies

Private sector spends more than double on CSR than state-run companies

Sat, Jul 30, 2016

According to data provided by the Minister of State in the Ministry of Corporate Affairs, Arjun Ram Meghwal, private companies spent Rs 5,665 crore while public sector companies spent Rs 2,364 crore in 2014-15.

Education favourite CSR activity among Indian companies

Education favourite CSR activity among Indian companies

Sat, Jul 30, 2016

Education emerged as the most preferred area for CSR activities among Indian companies. A total of Rs 2519.92 crore was spent by the private and public companies in this sector. This was followed by environment and animal welfare, and rural development.

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