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Gujarat PSUs fail to spend prescribed amount on CSR

Gujarat may have been among the top states in terms of corporate social responsibility (CSR) spending by companies, but the state saw a mixed response from its public sector undertakings (PSUs) with regard to CSR expenditure in 2015-16. Four out of seven PSUs of Gujarat government could not spend the prescribed amount -2% of the …

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Sustainibility can no longer be about CSR initiatives divorced from business objectives

With the world population estimated to be 9 billion by 2050, it is no secret that the existing pressures on our natural resources would only multiply.   What we urgently need is ‘sustainable intensification’. This means sustainability can no longer be just about the showcasing of corporate social responsibility initiatives, divorced from the corporates’ core …

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Helping others is always good for business

A corporation has a powerful voice with its customers, employees, and community in which it serves. Over the years, corporations engaging in social responsibility have received a marketing benefit as a result of their efforts. There have been many changes to implementing a good corporate social responsibility (CSR) strategy, which begs the question – should …

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Most India Inc CSR went to Skills India

Prime Minister Narendra Modi is stressing on developing the skills sets of the youth and India Inc is going the whole distance to achieve that goal. The top 250 listed companies spent Rs 2,073 crore on 1,200 projects in skills sector as part of their corporate social resposibility (CSR) expenditure, according to the India CSR …

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