August 10, 2013
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 […]
March 21, 2013
Philanthropy in India Is Taking Its Own Route
A debate was going on about a government proposal to make it compulsory for companies to spend 2% of their net pro?ts on corporate social responsibility (CSR). Rohini Nilekani, philanthropist and chairperson of Arghyam, a foundation she set up with a private endowment to work on water and sanitation issues in India, says she has […]