India CSR Law

Andhra Pradesh got Rs 3,352 crore CSR funds in last five years: Centre

Andhra Pradesh got Rs 3,352 crore CSR funds in last five years: Centre

Union MoS Rao Inderjit Singh said around 60 per cent of the total CSR funds spent by the companies were in the areas of education, healthcare and rural development. TIRUPATI: Over Rs 33,000 crore of corporate social responsibility (CSR) funds was spent in Maharashtra, Karnataka, Gujarat, Andhra Pradesh and Tamil Nadu between 2014-15 and 2020-21, …

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Find firms that’ll remove invasive species as CSR: Madras HC

Find firms that’ll remove invasive species as CSR: Madras HC

The Madras High Court on Thursday directed the State government to identify private companies that wish to volunteer and pump in CSR funds to remove invasive species from forest areas. CHENNAI: The Madras High Court on Thursday directed the State government to identify private companies that wish to volunteer and pump in CSR funds to remove …

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Amod K. Kanth, Founder General Secretary of Prayas, interacting with children.

Role of civil society organisations in governance and CSR

We need NGOs or CSOs to act as the ‘Third Sector’ of governance and developmental process India has the largest share of the deprived and the marginalized among the 1.3 billion-plus, out of the 7.9 billion-plus inhabitants of the world, who are said to be living without shelter or basic amenities required for human existence. …

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Audit and SEBI

Social audit of CSR spend may become must

Synopsis Officials in the Ministry of Corporate Affairs (MCA) said the social audit will begin with public sector undertakings (PSUs) and then extended to all the corporate entities. One of the officials said markets regulator Securities and Exchange Board of India (Sebi) has already mandated Institute of Chartered Accountants of India (ICAI) to work on …

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Companies’ CSR performance to come under scrutiny from April

The due date for reporting CSR compliance in a new format introduced in February is the end of March after the penalty provision for defaulting on spending obligation came into effect in January 2021 NEW DELHI : Corporate social responsibility (CSR) spending performance of companies is set to come under scrutiny after March when the first …

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