Csr

PWD to partner with Indian Oil for maintenance and upgrade of flyovers

The Public Works Department (PWD) is planning to partner with Indian Oil Corporation (IOC) to garner support for its CSR initiative 'adopt a flyover' project, sources said on Friday. Under the initiative, private firms can adopt public infrastructure, taking responsibility for its maintenance, beautification, and cleanliness, in return for limited advertising rights on the adopted structures. In July this year, a decision was taken in a high-level meeting chaired by PWD Minister Parvesh Verma to prepare large infrastructure proposals that align with the public-private partnership (PPP) framework and Corporate Social Responsibility (CSR) initiative. The shift in policy comes amid concerns over delays and cost overruns in previous public infrastructure projects due to funding limitations. One of those projects is the 'adopt a flyover' project, based on the PPP model for cleanliness and better care of road infrastructure, officials added. According to officials, a meeting was held ...

Alkem Foundation and IIT Bombay collaborate for advanced research centre

Alkem Foundation will contribute 20 to 25 per cent of its cumulative CSR obligations over seven years to this research centre

ICICI Bank, Tata Memorial to build ₹625 cr cancer facility in Navi Mumbai

The facility, funded through ICICI Bank's CSR arm, will house advanced radiation equipment and serve thousands of cancer patients annually at Tata Memorial's Navi Mumbai campus

Govt pitches for sector-specific CSR framework for coal companies

The government on Tuesday stressed on the need for a corporate social responsibility framework for companies operating in the coal sector to serve as a guide to promote responsible and sustainable practices. The move also aims at reducing environmental impact and enhancing stakeholder engagement among private as well as public sector coal companies. "Given the growing presence of private players in the sector, a need has been felt for a sector-specific CSR framework for coal companies," the coal ministry said in a statement. The corporate social responsibility (CSR) policies of coal PSUs have been formulated within the policy directives provided under the Companies Act, 2013, the Companies (CSR Policy) Rules, 2014 and guidelines of Department of Public Enterprises (DPE). Over the years, coal PSUs have taken remarkable initiatives in the areas of health, education, environment, sanitation, sports, etc. The coal ministry organised a stakeholders' consultation to deliberate upon CSR

Only 30% Indian districts get CSR funding for development needs: Study

The report says its findings show a stark divergence between needs and actual CSR funding, which indicates that CSR strategies are often driven by corporate convenience or compliance motives

Delhi govt to install water ATMs at public spaces through CSR initiative

The Delhi government will launch a pilot project to install 20 water ATMs through Corporate Social Responsibility (CSR) initiative, providing cold drinking water to the public, officials said on Friday. According to officials, observing that there is a scarcity of drinking water facilities at public places like markets, hospitals, metro stations and bus terminals, the decision has been taken to install water ATMs at such locations on a public-private partnership (PPP) mode. According to the Delhi Jal Board's (DJB) plan, the water ATM shall be a standalone unit with water purification and dispensing arrangements. They will be equipped with real-time water quality monitors and a display system. "We plan to provide water ATMs in all government schools and drinking water facilities in other areas across the city," Chief Minister Rekha Gupta said during a public event on Friday. The DJB has invited private companies to set up standalone water ATMs having a minimum capacity of 500 litres

Since Covid-19 pandemic, around half a million trusts added to PAN data

Allotments to trusts rose from 847,834 in 2019 to 1.3 million as of March 2025, show statistics from the Income Tax Department, released earlier in April

Surge in spending, India Inc rides the Corporate Social Responsibility wave

Prominent blue-chip firms like NTPC, Coal India, Wipro, and Reliance Industries also exceeded the 2 per cent mandate

Delhi CM Rekha Gupta announces CSR-funded development projects in Kalkaji

Delhi Chief Minister Rekha Gupta on Sunday announced a series of development initiatives, including the creation of two parks and the installation of three water ATM plants for slum residents, in Kalkaji. The projects, funded under Corporate Social Responsibility (CSR) initiatives, aim to enhance urban infrastructure and improve living conditions in the area, said a statement issued by the Delhi government. Gupta also inaugurated a wall art project in Kalkaji, emphasising its role in beautifying the city and promoting cultural awareness. Alongside the inauguration, the chief minister announced a series of development projects in the area funded through CSR contributions. These include the development of two parks, the installation of three water ATM plants for slum residents and the set up of 150 solar lights. "The parks will be developed with a budget of Rs one crore in collaboration with Petronet LNG Limited, providing green spaces for local residents," the statement said. "Indi

Kerala CSR scam: 1,343 cases registered, 6 persons nabbed, says CM Vijayan

Kerala Chief Minister Pinarayi Vijayan on Monday said that scamsters collected Rs 281.43 crore from 48,386 people by promising scooters at half the price using CSR funds, but gave vehicles only to 16,348 people as per 386 cases registered into the CSR fund scam in which investigation began. Responding to a query raised by CPI(M) MLA Murali Perunelly on the status of probe into the CSR scam, Vijayan told Assembly that the police have registered 1,343 cases related to the scam till March 12. Of these, 665 cases have been handed over to the Superintendent of Crime Branch, Ernakulam, leading the special investigation team under the supervision of ADGP (Crimes), CM said. The CM was referring to the case where thousands of people were allegedly cheated by falsely promising two-wheelers and laptops at half price using CSR funds. The Chief Minister added that several crucial documents were seized from the prime accused, whose bank accounts have been frozen. The police have arrested six ..

India's top 4 business families anchor for a fifth of CSR contributions

Despite the substantial CSR investments made by family-run businesses, contributions from high networth individuals (HNIs) and ultra high networth individuals (UHNIs) fell marginally in FY24

PM Internship Scheme: Over 100K internships on offer in Phase-II

Currently, the top 500 companies with the highest average corporate social responsibility (CSR) expenditure over the last three years are part of the scheme

SECL exceeds statutory CSR budget for projects in Chhattisgarh, MP

SECL has 64 coal mines in Chhattisgarh and Madhya Pradesh. Of these, 39 are in Chattisgarh, and the rest are in Madhya Pradesh

Baldota Group to invest Rs 54,000 cr to set up steel plant in Karnataka

Company and state government to sign agreement at investors summit for integrated facility in Koppal taluk

Kerala CSR scam: Former judge CN Ramachandran Nair named in cheating case

Former Kerala High Court judge CN Ramachandran Nair has been named in CSR fund scam (half price scam) FIR; accused of patronising a fraudulent NGO

Tata Sons' CSR money may go to Ratan Tata endowment trust, foundation

The plan is in the final stages with discussions centred around how to take social sector projects forward in lines with other Tata Trusts

Coal India's expenditure on CSR initiatives rises 37% in Apr-Jan: Official

State-owned CIL expenditure on corporate social responsibility (CSR) initiatives increased 36.5 per cent to Rs 497 crore in the April-January period of the current financial year. Coal India Ltd (CIL) spent Rs 364 crore in the year-ago period, a company official said. CIL, which accounts for over 80 per cent of domestic coal production, directs over 70 per cent of its CSR funds toward healthcare, nutrition and sanitation and education and livelihood, the official said. As the highest CSR spender among Central Public Sector Undertakings (CPSEs) for the past five years, CIL spent Rs 572 crore to CSR activities in the last fiscal year alone, the company said in a statement. The company's CSR initiatives have positively impacted over 35 million lives so far, it said. The coal behemoth has spent Rs 5,570 crore in CSR initiatives over the past decade. The company recently received the Golden Peacock CSR Award 2024 at the 19th International Conference on Corporate Social Responsibility

Rajnath Singh to chair Armed Forces Flag Day CSR conclave in Delhi on Fri

Defence Minister Rajnath Singh will chair the sixth edition of the Armed Forces Flag Day (AFFD) Corporate Social Responsibility (CSR) conclave here on Friday, officials said. The event organised by Kendriya Sainik Board under Department of Ex-Servicemen Welfare aims to highlight the measures taken for rehabilitation, resettlement and welfare of the veterans, widows and their dependents, and for mobilising the CSR support towards these efforts, the defence ministry said in a statement. Singh will chair the Armed Forces Flag Day CSR conclave in New Delhi on December 27, the officials said. He will also felicitate prominent CSR contributors to the AFFD Fund, they added. Minister of State for Defence Sanjey Seth, Chief of Defence Staff Gen Anil Chauhan, Secretary ESW Niten Chandra, members from the CSR fraternity, veterans, defence service personnel and other senior officials of the ministry will also attend the conclave, the statement said.

Coal India's CSR spend exceeds Rs 5,570 crore over the past decade

Coal India Ltd (CIL) has spent Rs 5,570 crore in Corporate Social Responsibility (CSR) initiatives over the past decade, a top official said on Sunday. Coal India Chairman P M Prasad said the PSU has been focusing on education, healthcare, skill development, sports, and women empowerment. Inaugurating the 3rd CIL CSR Conclave 2024 on Sunday, West Bengal Governor C V Ananda Bose underscored the transformative power of CSR initiatives in improving the lives of communities, particularly in tribal belts of coal-bearing areas. He lauded CIL's contributions, including its efforts to support cancer patients, stating that such initiatives contribute to the holistic development of the nation. CSR initiatives are a powerful tool to transform lives, especially in vulnerable regions, Bose said. "Coal India spent Rs 5,570 crore in Corporate Social Responsibility initiatives over the past 10 years," Prasad said. Coal Secretary Vikram Dev Dutt commended coal companies for their impactful CSR .

Mizoram govt to get rid of non-performing employees: CM Lalduhoma

Mizoram Chief Minister Lalduhoma said his government has decided to remove non-performing employees from service. During a meeting to review the initiatives of the Education department held in Aizawl, Lalduhoma on Tuesday said that committees are being formed in departments to review the services of employees under the state government. He said that initiatives were taken to ensure a qualified and efficient workforce. "We feel that it is better we relieve all unqualified employees, who are no longer worth to be employed, to exit from their services as per norms. We are committed to having efficient employees, who maintain good quality of services," the chief minister told the meeting. Lalduhoma said that his government is taking steps to ensure that all projects are executed properly and effectively. "Projects are being closely monitored by the state project monitoring committee, which has inspected about 40 ongoing projects so far. We will be stringent in implementing and monitor