News

No provision to geo-tag assets created under CSR, says Anurag Thakur

New Delhi, 17 March 2021: There is no provision of geo-tagging under the Corporate Social Responsibility (CSR) provisions of the Companies Act, 2013 (‘the…

Penalty for non-compliance should not exceed unspent CSR amount: CII to Govt

New Delhi, 16 March 2021: Industry body Confederation of Indian Industries (CII) has asked the centre to re-frame the monetary penalty for CSR…

Delhi CSR funding grows twice the national average in 5 yrs; Airtel, ONGC, Maruti top spenders in 2018-19

New Delhi, 11 March 2021: The CSR funding to the national capital has increased at a speed of more than double of the national average during the period…

CSR violation: 366 cases sanctioned for prosecution in the past three years

New Delhi, 10 March 2021: As many as 366 cases were accorded for sanction for prosecution in the past three years for the violation of CSR rules,…

No provision of CSR consultant in Companies Act, Nirmala Sitharaman confirms in Parliament

New Delhi, 9 March 2021: There is no provision of Corporate Social Responsibility (CSR) consultant in existing Companies (CSR Policy) Rules, 2014…

CSR funding to Uttar Pradesh zooms 220% in 5 years; HCL, Power Grid, GAIL top spenders

New Delhi, 5 March 2021: The northern state of Uttar Pradesh has got a major boost in CSR funding with the total spent on the CSR activities in the state…

Karnataka CSR fund grows more than 200% in 5 yrs; Spend on Education up by 300%

New Delhi, 2 March 2021: The southern state of Karnataka has witnessed an impressive growth in the CSR funding to the state with the total CSR spent in…

Fight against Covid-19: SBI commits Rs11 Cr to PM CARES Fund for vaccination drive

New Delhi, 1 March 2021: On the same day when Prime Minister of India Narendra Modi initiated second phase of Covid vaccination in the country by taking…

Around 26% of CSR goes to Healthcare, Hunger and Nutrition; Allocation doubled in last five years

New Delhi, 27 February 2021: After Education, Healthcare is getting the attention of corporates in India when comes to prioritising the development areas…