Companies Act Must Amplify, not constrain the idea of CSR
he Companies Bill will soon become a law. My particular knowledge and concern is clearly about only one part of it, which requires that companies of a certain size and profitability contribute 2% of profits to corporate social responsibility (CSR). Many of us, including myself, have opposed this idea vociferously for multiple reasons, and this deliberation is on record for those who wish to know more.
You may also want to read
IDR | Do finance and compliance in the social sector need a makeover?
Complex and changing financial rules often make it difficult for nonprofits to sustain their work. To turn finance into a strength rather than a burden, organisations need better training, peer[...]
IDR | Connection, not abstraction
Philanthropy’s most important role is not to abstract solutions by distilling them into replicable frameworks. It is to nurture the connections that make them possible. – By Gautam John (CEO,[...]
ET | Rohini Nilekani writes: #25 For 2025 – Will donors collaborate more to make India’s wealth inclusive?
Indian philanthropy is innovating with growing wealth, particularly through women-led initiatives and professional donors. Collaboration among givers is increasing, focusing on education, health, and institutional strengthening. New intermediaries are assisting[...]