Corporate Social Responsibility spending under the companies law should not be interpreted as a source of financing the resource gaps in government schemes, the Ministry of Corporate Affairs has said as it issued a detailed set of FAQs for the effective implementation of CSR norms. Activities undertaken by companies as part of the normal course of business is not considered CSR work. However, the ministry has provided an exemption for companies engaged in R&D activities for new vaccines, drugs and medical devices in their normal course of business with respect to COVID. The exemption would be in place for three financial years till FY 2022-23, as per the FAQs (Frequently Asked Questions) dated August 25. "This exclusion is allowed only in case the companies are engaged in R&D in collaboration with organisations as mentioned in item (ix) of Schedule VII and disclose the same in their board reports," the ministry said. The organisations are specified under item ix of Schedule ...
Outreach and accessibility of schemes, and estimations of the migrant population remain a significant hurdle for benefits flowing to the migrant population
The study, which was recently published in journal Nature Communications, is titled 'Intergenerational nutrition benefits of India's national school feeding program'
There is a strong case for the government to shift its attention from the economy to public service management
It looks to consolidate gains in Jammu and Kashmir and act fast while Pakistan is focused on Afghan developments
Odisha will be made slum-free by 2023 as the state is focusing on improving health and education and strengthening drinking water supplies among other welfare measures, a minister said on Friday
The government has to generate a huge amount of employment without giving an upward push to inflation, while keeping subsistence spending intact
How support for left and right-leaning parties is changing in social composition
The court posed queries to the Centre as to how the benefit of free food grain till November this year under the 'PM Garib Kalyan Yojna' would reach to migrant labourers having no ration cards
The government is conscious of the intensity of the second wave of Covid-19 and is assessing its full impact before coming out with further packages and interventions, says FM Sitharaman
Aims to provide impetus to rural economy and small businesses
Bharat is suffering on multiple counts
Higher tax rates, central banks pumping out cash, protection for home industry, suppressing interest rates, high social welfare pay-outs - all hark back to pre-Thatcher-Reagan phase - notes T N Ninan
Here's a selection of Business Standard opinion pieces for the day
It is important to shift, in a phased manner, to a good and general policy framework from a situation of a plethora of schemes
A country as diverse as ours needs a political culture rooted in constitutional values and political discourse based on truth, respect, civility, and restraint
Govt introduced the Self Employment Scheme for Rehabilitation of Manual Scavengers (SRMS) in 2007 to aid the rehabilitation of 'former' manual scavengers transitioning to other occupations
Govt is increasingly keen to deliver even specific items like toilets, water, gas cylinders, where it can show the beneficiary immediate results. This new welfarism helps win polls but not development
Chaired by Chief Minister Arvind Kejriwal, the cabinet released funds for several schemes, including scholarships for minority communities and the ''Ladli scheme''
The Delhi government will launch a month-long campaign from Monday for registration of construction workers with Building and Other Construction Workers Welfare Board