Csr

COVID-19 impact is massive, but other social causes need CSR funding too, say NGOs

With a major chunk of CSR funding having gone towards the PM-CARES Fund, there are few resources left with corporate organisations to fund new initiatives

As human rights crisis brews in Assam's tea plantations, businesses must step up to end cycle of deprivation

To make a significant impact on the human rights of Assam's tea plantation workers, businesses need to move away from the window dressing approach of corporate social responsibility (CSR) that allows them to cherry-pick issues that they wish to address. They must move to a more robust and systematic approach — one that places the protection of human rights at its core.

Govt amends norms; companies' contribution to PM CARES Fund to qualify as CSR expenditure

The government has amended the norms whereby contributions by corporates to the PM CARES Fund will qualify as CSR spending under the companies law

Companies need to be more diligent while choosing partners for implementing COVID-19 relief measures: EY report

With an increasing number of corporates mobilising resources to support the government address the COVID-19 threat, there is a greater need for due diligence by companies on the partners they choose to work with to implement the relief measures, consultancy firm EY said on Wednesday

Coronavirus Outbreak: Ex-gratia payments to temporary workers, donations to PM-CARES FUND to be CSR spending, says govt

"If any ex-gratia payment is made to temporary/ casual workers/ daily wage workers over and above the disbursement of wages, specifically for the purpose of fighting COVID 19, the same shall be admissible towards CSR expenditure as a one-time exception," the corporate affairs ministry said.

Corporates appeal to unite CSR efforts to protect vulnerable from coronavirus outbreak

A section of India Inc on Tuesday appealed all corporate social responsibility initiatives to unite and focus efforts towards protecting the vulnerable sections of the society from the COVID-19 pandemic

Coronavirus Outbreak: Honda India Foundation commits Rs 11 cr for fight against COVID-19

Honda India Foundation, the Corporate Social Responsibility (CSR) arm of Honda group companies in India, on Wednesday pledged Rs 11 crore aid towards COVID-19 relief and prevention measures

Coronavirus Outbreak: Wipro, Azim Premji Foundation commit Rs 1,125 cr to tackle COVID-19 crisis

Wipro Ltd, Wipro Enterprises Ltd and Azim Premji Foundation have together committed Rs 1,125 crore towards tackling the unprecedented health and humanitarian crisis arising from the COVID-19 outbreak in the country

Coronavirus Outbreak: ONGC, IOC, other oil companies contribute over Rs 1,031 cr to PM CARES fund

Oil and Natural Gas Corp (ONGC), Indian Oil Corp (IOC) and other public sector oil companies have contributed over Rs 1,000 crore to the Prime Minister CARES Fund to help in the fight against COVID-19 pandemic

Coronavirus Outbreak: SBI' s 2.56 lakh employees commit Rs 100 cr for PM relief fund to fight Covid-19

Employees of SBI have donated Rs 100 crore to the Prime Minister's relief fund to fight the coronavirus pandemic