Hi All,
Understand CSR is going to be mandatory for profit making organizations. In this eventuality which body will be the statutory authority to monitor such schemes. Is it required to obtain any registrations externally if such a project is taken up on a substantial volume.
Regards,
Mohan
From India, Nagpur
Understand CSR is going to be mandatory for profit making organizations. In this eventuality which body will be the statutory authority to monitor such schemes. Is it required to obtain any registrations externally if such a project is taken up on a substantial volume.
Regards,
Mohan
From India, Nagpur
Dear All,
In our company, we have adopted Govt. Schools and try to provide the students with the basic amenities like drinking water, Sanitation facilities, PCs, Extra Special Coaching for Weak students etc.
Regards
Prabha
From India, Coimbatore
1In our company, we have adopted Govt. Schools and try to provide the students with the basic amenities like drinking water, Sanitation facilities, PCs, Extra Special Coaching for Weak students etc.
Regards
Prabha
From India, Coimbatore
Nowadays government has instructed the corporate bodies to spend on CSR Activities 0.5 to 5% of their profit.
From India, Kumbakonam
From India, Kumbakonam
In Future Group we have something called HappYness Committee.They carry out social responsible events and activities on behalf of the entire store.
Recently they have organised a sit-n-draw competition for specially abled children and put their drawings in exhibition.
From time to time they engage in community service, blood donation camp and make this a sustainable practice in east.
Regards
Chaityparna
From India, Calcutta
Recently they have organised a sit-n-draw competition for specially abled children and put their drawings in exhibition.
From time to time they engage in community service, blood donation camp and make this a sustainable practice in east.
Regards
Chaityparna
From India, Calcutta
The appended below thread was posted by me on 31 Dec 2010 for all your information please in the name of Budget for CSR. You can make note of it.
Dear HRites
Now the Government has roled out a new policy that all the PSUs are to spend 0.5% to 5% on CSR Activities.
The Companies with less than 500 crores turnover will have to spend 2% to 5% and above 500 crores turnover will have to spend 0.5% to 2%.
This is for your information please.
Wish you a Happy Healthy and Prosperous New Year.
From India, Kumbakonam
Dear HRites
Now the Government has roled out a new policy that all the PSUs are to spend 0.5% to 5% on CSR Activities.
The Companies with less than 500 crores turnover will have to spend 2% to 5% and above 500 crores turnover will have to spend 0.5% to 2%.
This is for your information please.
Wish you a Happy Healthy and Prosperous New Year.
From India, Kumbakonam
Greetings,
I had attended a master class on CSR Last year . This was facilitated by Dr. Wayne Visser, CEO CSR International. The core issue of the CSR is, it is perceived as a philanthropic activity. Whereas , philanthropy is just a part of it. Organizations are fundamentally required to meet the ethical conduct , legal compliance and make economic contributions to the society.
The primary issues and the solutions for the developing countries summed by Dr.Visser were as shared below:
Regards,
(Cite Contribution)
From India, Mumbai
I had attended a master class on CSR Last year . This was facilitated by Dr. Wayne Visser, CEO CSR International. The core issue of the CSR is, it is perceived as a philanthropic activity. Whereas , philanthropy is just a part of it. Organizations are fundamentally required to meet the ethical conduct , legal compliance and make economic contributions to the society.
The primary issues and the solutions for the developing countries summed by Dr.Visser were as shared below:
- Role of legislation-BEE v. Environmental rehabilitation
- Impact of voluntary codes-King II v. AA 1000
- Influence of globalisation-Sentrachem v. SPDC
- Poverty alleviation-Beyond philanthropy?
- HIV/AIDS-Beyond the gates?
- Transparency-Beyond corruption?
- Global vs local priorities-E.g. Energy v. Health
- Profitability vs disinvestment-E.g. Anglo Zambia
- Political vs corporate governance-E.g. NEPAD
Regards,
(Cite Contribution)
From India, Mumbai
In Andhra Pradesh Normally poor children are only studying in Government Schools, If you can afford Rs.10 lakhs or more the government is having a provision to let you adopt a school and you can give the name for the school and you give the name of your boss's mother to that school.
You check with other states for any such provision
From India, Kumbakonam
You check with other states for any such provision
From India, Kumbakonam
Indeed great to hear the various initiatives taken by different companies. In fact I would like to take one step beyond by sharing that our Company (A speciality retail outlet) HQs based out of USA but with its supply chain in different countries including South Asia has CSR embedded in its corporate pillars saying "Do Whats Right". So starting from Sustainability to ensuring a clean and visible supply chain to working on Climate strategy and Human Rights to running education program for women workers working in the factories to working on issues like trafficking and child labour to empowering communities by providing them sustainable mode of employment harnessing their skills.....well the list goes long
From United States, San Francisco
From United States, San Francisco
Fantastic... didn't know there was a government policy for CSR - thanks Bhaskar. It's interesting to note the Andhra Pradesh initiative of naming of schools by sponsor companies - wonder if they can extend this to villages - where companies would adopt villages and the village would be called Tata-Tilakpur or Birla-Mirzapur.
Any ideas in your head which can be great CSR initiatives?
I can think of an entrepreneurial one - I feel one of major issues in India and many developing nations is food. If a company could emerge which would create subsidized clean food distributed through stalls or vans - with a big hoarding of the sponsor company name. I think this would help in various levels - one people would feel better if they eat better - with such tough competition the local food vendors and restaurants would be forced to up their quality level - thus improving the overall food quality and hygiene of food products. But of course success would depend on the company organizing these CSR events and the level of monitoring the sponsor company is willing to take up.
One other is creating camps for pregnant women - recently I came across a pregnant woman who was seriously ill because of lack of proper nutrition. The problem is not that they do not have food - it's lack of proper information and lack of the will to buy supplemental medicines which are extremely crucial for the proper development of the the baby. If companies can organize camps where such supplemental medicines and information are provided for free - it would seriously help.
Any other ideas?
From India, Gurgaon
Any ideas in your head which can be great CSR initiatives?
I can think of an entrepreneurial one - I feel one of major issues in India and many developing nations is food. If a company could emerge which would create subsidized clean food distributed through stalls or vans - with a big hoarding of the sponsor company name. I think this would help in various levels - one people would feel better if they eat better - with such tough competition the local food vendors and restaurants would be forced to up their quality level - thus improving the overall food quality and hygiene of food products. But of course success would depend on the company organizing these CSR events and the level of monitoring the sponsor company is willing to take up.
One other is creating camps for pregnant women - recently I came across a pregnant woman who was seriously ill because of lack of proper nutrition. The problem is not that they do not have food - it's lack of proper information and lack of the will to buy supplemental medicines which are extremely crucial for the proper development of the the baby. If companies can organize camps where such supplemental medicines and information are provided for free - it would seriously help.
Any other ideas?
From India, Gurgaon
Dear Sir,
If we distribute food - for how many days you can feed to those people?
then the unhappy person will tell that the company made the people as beggars.
When I approached a school head Master in Hyderabad sub-urban area for my company CSR programme I planned to donate School Children and teachers Furniture once and constructed compound wall to protect the land of school, that time he was informing me that If my company can sponsor 10 Lakhs for this school there is a provision to select the name for the school. That's the reason and news I have mentioned
In the same school Wipro Infotech staff are visiting the school and teaching the Spoken English for 6 to 8 standard students.
The same only I mentioned in the thread
Really It gives immense pleasure to share such a news to all the members which I got from reliable sources.
About the Government Policy for CSR activities I have seen the news in CNBC TV 18 channel on 30th Dec 2010 and next day I posted the same as separate thread to bring the same to all the CiteHRites.
Thank you for encouraging us.
From India, Kumbakonam
If we distribute food - for how many days you can feed to those people?
then the unhappy person will tell that the company made the people as beggars.
When I approached a school head Master in Hyderabad sub-urban area for my company CSR programme I planned to donate School Children and teachers Furniture once and constructed compound wall to protect the land of school, that time he was informing me that If my company can sponsor 10 Lakhs for this school there is a provision to select the name for the school. That's the reason and news I have mentioned
In the same school Wipro Infotech staff are visiting the school and teaching the Spoken English for 6 to 8 standard students.
The same only I mentioned in the thread
Really It gives immense pleasure to share such a news to all the members which I got from reliable sources.
About the Government Policy for CSR activities I have seen the news in CNBC TV 18 channel on 30th Dec 2010 and next day I posted the same as separate thread to bring the same to all the CiteHRites.
Thank you for encouraging us.
From India, Kumbakonam
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