The introduction of the Companies Act has changed the CSR landscape in India by putting in place-legal provisions that have had a domino effect that includes better informed and sensitized stakeholders, and a development sector that has begun to align itself to accepting CSR funds from corporates. In the realm of Business Sustainability, SEBI has mandated Business Responsibility Reporting for top 500 listed companies based on their market capitalization from 1 April 2016. This move is an effort to improve corporate governance practices and transparency in terms of reporting of socially responsible activities carried out by the business houses.
Ministry of Heavy Industries & Public Enterprises, Government of India is holding a Corporate Social Responsibility fair at Pragati Maidan (ITPO) from 4-6 May, 2017. Indian Red Cross Society has also put up a stall in the event. It was inaugurated by Shri Anant Geete, Hon'ble Minister, (HI&PE) in the presence of Shri Babul Supriyo
Hon'ble Minister
MOS (HI&PE).
|