Govt mulling expanding CSR scope to include sports promotion
Government is considering widening the scope of CSR activities to include promotion of sports, including indigenous ones, through corporate funding, Rajya Sabha was informed today.
CSR gets greater acceptance in year two
Corporate social responsibility spending of 33 firms listed on the NSE rose 22% year-on-year to Rs2,167 crore in fiscal 2016, according to an analysis. Corporate social responsibility (CSR) expenditure in India is rising, although it’s nowhere near prescribed levels yet, reveals a preliminary analysis of reported data culled from a third of the top 100 …
Businesses should deposit half of CSR funds with government: Jharkhand CM
Jharkhand Chief Minister Raghubar Das recently told companies that half of their corporate social responsibility (CSR) money should be deposited into the CSR council fund maintained by the state government. “A cell will be formed and the government will spend money from the fund as per requirements. Panchayat Secretariat and UNICEF will monitor the CSR-funded …
Businesses should deposit half of CSR funds with government: Jharkhand CM Read More »
ViewPoint: Brands ‘waste millions’ on CSR comms
Brands in Australia are not only wasting millions of dollars on their CSR and sustainability communications, but are failing to get a competitive advantage with a new wave of younger consumers who expect companies to do good. According to Cavill + Co, a Victoria-based communications and marketing consultancy, just 13% of Australians trust what …
Rajasthan moots authority for optimal use of CSR fund
For optimal management of corporate social responsibility (CSR) funds, the state government is all set to constitute a ‘Rajasthan CSR Authority’. Conceived on the lines of a similar body formed by the Gujarat government, the authority will act as a facilitator for industries to carry out their mandatory CSR activities in the state.