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CSR issues continue to remain unresolved

In the absence of clarity, unscrupulous companies will take advantage of loopholes and honest companies will get harassed

We have discussed a lot on 'why CSR'. It's time to discuss 'how', rather than 'why'. Draft Rules are before us. The provision (section 135) of the Companies Act 2013 shall be applicable from the financial year 2014-15 and companies hardly have five months to formulate the CSR policy. Certain issues are bothering those who are responsible for formulating the CSR policy and implementing the same. The Draft Rules state, "CSR projects/programmes of a company may also focus on integrating business models with social and environmental priorities and processes in ...