CSR: Companies can help in upgrading midday meal
Last week the debate on the quality of the midday meal saw yet another twist as non-governmental organizations (NGOs) that ran the kitchens to cook meals stated that they did not get enough funds to maintain the required quality as well as the
India pays for environment degradation through 1.10 lakh lives
The outdoor pollution alone kills 1.09 lakh adults and 7,513 children every year in India, while about six per cent (nearly Rs 3.75 lakh crore) of the country’s gross domestic product (GDP) is getting lost due to a ruining environment. The numbers were
CSR: Perfetti launches Solar Electrification Project in Uttarakhand
In an effort to provide clean, affordable and sustainable lighting in the remote areas of Uttarakhand, Perfetti Van Melle India (PVM India) has launched a solar electrification project. The project is the company’s CSR initiative and is being implemented in collaboration with TERI.
Amway’s CSR arm introduces awards for young achievers
Commemorating Amway’s 15 years in India, its CSR arm Amway Opportunity Foundation played host to the ‘National Summit on Corporate Social Responsibility – Sustainable Development’ in Delhi on 6 May 2013. The objective of the summit was to ideate, discuss and call for
Companies Bill reaches Rajya Sabha; likely to be passed without hurdles
The much-awaited Companies Bill 2012, which will change the rules of governing, functioning as well as social responsibilities of corporate groups, will be tabled in Rajya Sabha this week. The bill was cleared by the Lok Sabha in December 2012 but is yet
Solar energy: Pay-as-you-go model makes it affordable for rural
Yet another new developmental experiment to have reached rural India is the pay-as-you-go model for solar power. The idea has been implemented on a small scale by Simpa Networks. With a little down payment initially, a villager can get a high-quality solar home system
CSR: ‘There will be no Inspector Raj. It is the companies’ money and they will decide what to do with it…’ says Sachin Pilot
“There will be no ‘Inspector Raj’. It is the companies’ money and they will decide what to do with it, and how to spend it. The provision is about self-regulationâ€â€¦ Here is a communiqué from Sachin Pilot, Minister of State (Independent Charge), Ministry
Microfinance dipping worldwide; India leads
The number of the world’s poorest families who received access to microcredit and other financial services declined – for the first time – in 2011 over the previous year and India accounted for almost all of the reduction, according to the latest ‘State
Consider CSR spends as investment, not tax: Pilot
Responding to the mixed reactions of the industry on mandatory spends towards corporate social responsibility (CSR), Corporate Affairs Minister Sachin Pilot said that the industry should not think of it as another tax. The ministry issued a statement saying that the government wanted
CSR: New minister wants special purpose vehicle to monitor funds
Sachin Pilot, the youngest corporate affairs minister, has proposed to create an independent entity to monitor corporate social responsibility (CSR) fund and ensure proper execution of CSR projects. The proposed entity, probably a special purpose vehicle (SPV), will be independent body that will