[The Economic Times] Around Rs 22,000 crore to enter social sector as India Inc steps up CSR plans

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On December 12, 2013, Samhita Social Ventures organized the “CSR in Healthcare – Making it work” conference that brought together more than 50 CSR professionals from over 30 companies and engendered conversation with medical practitioners, NGOs and social enterprises in the healthcare space to better the healthcare outcomes in the country. The Economic Times reports.

[IiAS] IiAS finds larger companies spending upwards of 1% on CSR; suggests a framework to evaluate this spend

IiAS

Institutional Investor Advisory Services engaged with the Managing Director of Samhita Social Ventures, Mr. Krishnan Neelakantan, to develop a framework to evaluate the CSR effort of companies. In its special report titled ‘Corporate Social Responsibility: Review of current policies, practices and disclosures’, IiAS studied the FY13 CSR initiatives and disclosures of 51 companies forming a part of the BSE SNP Sensex30 and CNX Nifty50. This article lists the key findings of this study.

[Update] Voices from the field – social sector’s feedback and preparedness on Section 135

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Samhita Social Ventures conducted a survey for its NGO and social enterprise network to capture their viewpoints and insights on the CSR provisions of The Companies Act 2013. The intention was to obtain their feedback on the initial draft rules released by the Ministry of Corporate Affairs and to assess their preparedness for tapping into this opportunity.

Around 48 social organizations responded to the survey.

[Update] Greenkins Girl Power Campaign

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On the occasion of the UN International Day of the Girl Child on Oct 11, 2013, Greenkins has committed to support and promote the cause of girls’ education through GirlPower campaign.

Greenkins will donate 11% of all sale proceeds to Kidpower’s Girl Child Project that provides education to underprivileged girls. The campaign will run all through October 2013.

Greenkins invite its customers to join the cause and contribute generously to this campaign.

Retaining Employees in a Social Enterprise

LuisMiranda

“How do I retain people?” … “To what level do I need to raise salaries to retain people?” … Retaining people is tough for some organisations in the social space. A few weeks back I had a discussion with the head of one of the social enterprises I am involved with on what motivates someone […]

[Livemint] CSR mandate to boost social start-ups

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“The likes of Samhita Social Ventures, GiveIndia, Enterprise Nube’s Gudville and Rang De are likely to inspire more social entrepreneurs and ventures hoping to tap into the opportunity. The law, which for the first time, has laid down the ground rules for CSR and is likely to boost corporate charitable activity, would mean that the […]

The new Companies Bill – a new dawn for Corporate Social Responsibility (CSR) in India

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The Indian Parliament recently passed the Companies Bill that ushers in a new regulatory stance towards corporate social responsibility (CSR). The Bill lays down mandatory requirements for larger companies to spend at least 2% of annual net profit on CSR activities. Here is an in-depth analysis of what this Bill means for companies and their CSR strategies.

[Update] Samhita partners with Greenkins for e-commerce fundraising

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Greenkins, in partnership with Samhita, has come up with a cause marketing strategy – Make A Difference (m.a.d) for leveraging their customer support along with doing good. When a customer buys any of the designated m.a.d. products, Greenkins will donate Rs. 100 from the sale to a cause chosen by the customer. The causes and associated credible NGOs have been chosen by Samhita.

[Update] Samhita wins the IEIF grant

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Samhita Social Ventures is one of the winners of the Impact Economy Innovation Fund (IEIF). The IEIF is a collaborative effort of Dasra, Omidyar Network, and The Rockefeller Foundation and is aimed at bringing about considerable growth in the impact investing industry and social enterprise sector in India. This win ensures a support of $100,000 to Samhita that will act as a huge boost to our work in this space.

[Update] TechCamp Mumbai – a success story

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On the evening of February 19, more than 150 people gathered at the Renaissance Hotel in Powai, Mumbai. This was no ordinary gathering: These people had come from all across South Asia, representing eight countries, and were the leaders in youth empowerment or technology in their respective countries. These were young achievers that work to […]