Corporate Social Responsibility Current Affairs - 2019

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High Level Committee recommends CSR expenditure to be made tax deductible

High Level Committee (HLC) on Corporate Social Responsibility (CSR) constituted by Ministry of Corporate Affairs recommended making CSR expenditure tax deductible and to make compliance violations as a civil offence that attracts penalties. Corporate Affairs Secretary Injeti Srinivas presented the Report of the High Level Committee on CSR to Union Finance Minister Nirmala Sitharaman. High Read More…

Month:  Categories: Business, Economy & Banking

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Parliament passes Companies (Amendment) Bill, 2019

Parliament passed Companies (Amendment) Bill, 2019 aimed at tightening Corporate Social Responsibility (CSR) compliance and ensuring stricter action for non-compliance of the company law regulations. It amends the Companies Act, 2013. It was first passed by Lok Sabha on July 26, 2019 and then by Rajya Sabha by July 30, 2019. Salient Features of Bill Read More…

Month:  Categories: Constitution & Law

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NALCO to get President’s award for excellent CSR in social development

National Aluminium Company Limited (NALCO), an Odisha-based Navaratna Company has been selected for President’s award for utilisation of Corporate Social Responsibility (CSR) fund in social development. NALCO was selected for its Aliali Jhia Scheme. About Aliali Jhia In 2015 NALCO started a scheme called Aliali Jhia. The scheme was on the line of Beti Bachao Read More…

Month:  Categories: Awards & Honours

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JSPL wins FICCI CSR Award for Women Empowerment

The Jindal Steel and Power Ltd (JSPL) has been honoured with the prestigious ‘FICCI CSR Award’ for Women Empowerment. JSPL was awarded for its innovative and high impact women empowerment programmes, implemented by the company’s CSR Arm – JSPL Foundation, across its operational areas in the country. FICCI CSR Award FICCI Corporate Social Responsibility Awards were Read More…

Month:  Categories: Awards & Honours

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India’s Second Tulip Garden to Come up in Uttarakhand

The government of Uttarakhand has obtained the permission to develop the tulip garden over 50 hectares of forest land in Pithoragarh district at a cost of Rs 50 crore. It will be the second Tulip garden in the country after the one located in Srinagar of Jammu and Kashmir. The Tulip Garden will be developed by Read More…

Month:  Categories: States

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Ujjwala Sanitary Napkin initiative

The oil marketing companies have launched Ujjwala Sanitary Napkin Initiative, as part of their corporate social responsibility (CSR) in Odisha. According to the data from the National Family Health Survey-4, overall use of sanitary napkins in Odisha is 33.5 per cent and only 42.8 per cent of rural women between the age of 15 and 24 Read More…

Month:  Categories: Government Schemes & Projects

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Government sets up Injeti Srinivas High Level Committee on Corporate Social Responsibility

The Union Ministry of Corporate Affairs (MCA) has constituted High Level Committee on Corporate Social Responsibility – 2018 (HLC-2018) under Chairmanship of Injeti Srinivas, Secretary, MCA. It will review existing framework and guide and formulate roadmap for coherent policy on Corporate Social Responsibility (CSR). Committee’s Terms of Reference It will review existing CSR framework as Read More…

Month:  Categories: Governance & Politics

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