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As CSR budgets increase, IT companies look at ways to scale up programs

FY15, the first year of compliance with the Companies Act 2013, has seen CSR spending among the top IT companies increase by nearly 5 times. Anil Misquith, Operating Partner at Samhita, talks to Mint about the challenges of scaling up CSR programs, choosing the right implementation partners and identifying relevant cause areas. While there has been an increase in spending, he believes that companies may fall short of the 2% mark as this is the first year of compliance and processes need to be put in place.

Read the full article here.