Corporate Social Responsibility Current Affairs - 2020

Future Skills: Wipro, NASSCOM launch platform to train 10,000 engineering students

Information Technology firm Wipro has partnered with IT body NASSCOM (National Association of Software and Services Companies) to launch a skilling platform called ‘Future Skills’ for new age technologies such as Artificial Intelligence (AI), Internet of Things (IoT) that will reach 10,000 students from over 20 engineering colleges in India. About ‘Future Skills’ Platform The Read More…

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…

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…

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…

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…