Business Standard
Tuesday, May 29, 2012
Sponsored by  
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 

Khurshid asks India Inc to engage in more welfare measures
Press Trust of India / New Delhi May 30, 2010, 18:45 IST

Corporate Affairs Minister Salman Khurshid today asked India Inc to expand their social welfare measures into backward areas, including the Naxal-hit districts, to help check violence and disruptive activities.

"In any area that is backward and distressed, and any subject which is a concern to all, to the humanity, I would urge greater corporate social responsibility (CSR)," Khurshid told PTI, adding he would urge greater corporate intervention towards inclusive growth not only in the Naxal-affected areas but also in all poor regions.

To a query whether there is a link between the rising Naxal violence and lack of CSR, he said hunger and frustration can lead to all kind of violent, non-constructive behaviour.

"I think, it is for the experts to work out both in the ministries concerned as well as social experts what exactly is the nature of the problem and to address them collectively," he said, adding it is not always only economic deprivation that leads to unrest as very rapid development can also result in disruptive activities as happened in Punjab in the 1980s.

"Believe me,unrest is not always because of deprivation. Sometimes unrest can be caused by other things too, very rapid development can also cause unrest, it happened in Punjab.Let's leave it to experts to see what's the cause of unrest in specific cases and get it addressed," Khurshid said.

In an increasing spate of violence by Left wing ultras, the Maoist attack derailed a Maharashtra-bound express train yesterday, killing over 140 passengers and injuring 200 others. In April they had butchered 78 CRPF men and early this month over 45 civilians at Dhantewada in Chhattisgarh.

In December last year, the MCA introduced voluntary CSR guidelines for companies. The minister has also mooted the idea of an exchange for trading CSR credits on the lines of carbon-credit trading.

On affirmative action by corporates, he said such interventions relate to the SCs, STS and not OBCs, and is directly handled by the PMO.

It can be noted that recently, social justice minister Mukul Wasnik had expressed concern at lack of movement in bringing affirmative action to the private sector.

"I believe Wasnik said we haven't done enough affirmative action. Obviously I don't think anyone can say that enough has been done. Things are beginning to happen, it is a voluntary thing, it is not a mandatory thing...If there is anything that we can do, we will certainly come on the board," he said.

Khurshid also said he is personally encouraging people to move forward on affirmative action, not only for SCS and STs but for all socially and educationally backward groups. He said the government is committed to do as much as it can both in terms of education and employment for the backward groups.

"Since everything is not possible through reservations,we are looking beyond reservations as to how, on a voluntary basis, affirmative action can be done," he said.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end on a strong note
- Nabard FY14 operating surplus soars 28% to Rs 1,635 cr
- RBI eases banks' term deposit restrictions
- NMDC Q4 net down 21.74% to Rs 1,642.28 cr
- Balrampur Chini Q4 profit up by 15%
  Read Business news in 
- Journey on, We are by Your Side. Click here to know more
- Help a Child Achieve her. Click to know more
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Leader in Passenger Car & Automobile Tyres. Click here
- 1 billion in saving for Unilever without any tangles.
- Learn How One City is Running on FOOD SCRAPS.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- 36 Lakhs can get you a pool of Luxuries. Click here
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- IPL victory puts KKR in the black
- From virtual world, hacktivism spills into real world
- Re fall has minor impact on India?s rating, says Moody?s
- No diesel price hike for now, says Reddy
- Air India board refers Boeing compensation issue to govt
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  Hot Searches  
 
Apalya |  Air India |  GAAR |  Agni  |  Solar eclipse |  Satyamev Jayate |  SRK |  Aamir Khan |  IPL |  Ertiga |  Sarfaesi Act |  Vodafone |  JP Morgan |  Transfer pricing |  Rupee |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us