In the 2016 fiscal year, Tata Power along with its subsidiaries and joint ventures spent Rs 47.02 crore under corporate social responsibility (CSR) initiatives. In an attempt to diminish disparity in education, poverty, gender and hunger, socially impactful initiatives by startups and corporates increased in 2016.
Ten months ago, Mazagon Dock Limited allotted Rs 1 crore to the Sewri TB hospital as part of its Corporate Social Responsibility (CSR) and gave the sum to the Brihanmumbai Municipal Corporation (BMC). However, the fund is yet to reach the hospital and stuck in red tape. The fund would help solve the problem of …
Rs 1 crore fund for TB hospital stuck in red rape Read More »
Ever since the Indian government devised the corporate social responsibility (CSR) norms to be followed by all the organisations of a certain size, worth, and profitability, including setting a floor limit for the financial commitment to be made on this front, we have seen corporate groups shoring up their acts in this arena. From merely …
Blurred Lines Between Business and CSR in India is Disturbing Read More »
Tina Boden (a leading voice for micro business in the UK) discusses the value of ‘giving something back’ as a small business owner. Many of you that have worked, or may still be working, in large organisations in both the public and private sector will be aware of the term corporate social responsibility or CSR.
Many companies believe they have a responsibility to make towards both the community and environment. Corporate Social Responsibility (CSR) has been integral to the operating philosophies of companies for many decades, who align philanthropy and volunteering as part of their company goals while fulfilling their business purpose.
