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CSR News

27 May 2020

Companies Act amended, contributions to PM CARES Fund to be considered as CSR

This notification shall be deemed to have come into force on 28, March, 2020.

Getting It Right

29 Jun 2018

Mandatory CSR: Morally reprehensible, logically repugnant, and wasteful

Compulsory CSR also flies in the face of Make in India programme.

24 Oct 2017

Mumbai Police can now accept donations from corporates. Conditions applied

The Mumbai Police will now be able to accept donations from corporates. As per a government resolution (GR) issued by the Maharashtra government on Tuesday, the Mumbai Police can accept donations from all private firms.

18 Oct 2017

IIT Kharagpur partnering NGOs, corporates to shape their CSR initiatives

26 Sep 2017

FM Jaitley sees CSR spending potential of Rs 14,000 crore

Finance Minister Arun Jaitley also exhorted companies to take up challenging areas for spending their CSR fund.

Corporate Social Responsibility

31 Aug 2017

Companies get socially more responsible, CSR spend up 47%: Report

Corporate India's social responsibility graph is headed up with 47 percent jump in CSR spend since it became mandatory, with 300 BSE listed companies spending Rs 6,871 crore on this front in 2016-17, says a report.

13 Jun 2017

Govt to assess impact of CSR activities undertaken by PSUs

For the first time, the NDA government is planning to conduct a study for assessing the impact of corporate social responsibility projects undertaken by various public sector firms.

30 Jan 2017

CSR spends by corporates jump 22% to Rs 8,300 cr in FY16

Overall CSR spends by corporates saw a significant 22 percent rise in 2015-16, with bulk of the money going into education, skills development, healthcare and sanitation initiatives, a research report said.

15 Aug 2016

CSR data: Govt tweaking annual filing form for companies

Government is amending the form for furnishing annual financial statements under the companies law as part of efforts to ensure that CSR spending figures are reported in a proper manner.

31 Jul 2016

Haryana to encourage corporates to fund govt school projects

A co-ordination committee has been formed as part of the measure aimed at filling the funding gap in the sector and improving quality of education.

27 Mar 2016

Most cos see higher CSR spending next fiscal, says survey

Majority of corporates expect to spend more on social welfare activities in the next financial year as CSR increasingly becomes part of strategic decision making process, says a survey.

26 Mar 2016

Govt may ask companies to spend 30% of CSR funds for Swachh Bharat Abhiyan

20 Dec 2015

BSE-listed cos spent Rs 6,400 crore on CSR last fiscal: Report

Over 1,000 BSE-listed companies together shelled out Rs 6,400 crore towards CSR activities last fiscal, with funds going to education, health and other areas, says a report.

22 Oct 2015

Actor Aamir Khan applauds UNICEF-ICC partnership for cause

Bollywood superstar Aamir Khan, who is Unicef Ambassador for South Asia, has applauded its decision to associate with the International Cricket Council (ICC), the global governing body of cricket.

30 Aug 2015

Sensex firms miss CSR threshold by 30%, only 7 firms comply

Collectively, the 30 Sensex companies are estimated to have spent about Rs 3,500 crore on CSR initiatives during the 2014-15 fiscal, when they were required to spend nearly Rs 5,000 crore on such activities under the new Companies Act.

19 Jul 2015

Govt-appointed panel on CSR to finalise report next month

Interestingly, nearly two-third of the top listed firms have failed to make the minimum 2 per cent CSR spend in the first year (2014-15 fiscal).

17 May 2015

SBI creates foundation for group CSR activities

The nation's largest lender State Bank of India (SBI) has created a separate company, SBI Foundation, to carry out its massive CSR initiatives and hopes to get it "running" from July.

01 May 2015

Companies not serious about CSR reporting: TCS study

Reporting of CSR activities on environment and governance issues is not being taken as seriously as it should be, a study backed by the country's largest software exporter TCS said on Friday.

22 Mar 2015

ICSI seeks mandatory audit for CSR activity

Institute of Company Secretaries of India (ICSI) is for introduction of audit of Corporate Social Responsibility (CSR) activity.

19 Mar 2015

CSR monitoring panel to meet second time next week

IICA had been entrusted to provide secretarial and technical support to the committee headed by former union home secretary Anil Baijal.

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