“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 […]
The passage of the Companies Bill 2012, which includes mandatory provisions around corporate social responsibility (CSR) for companies, will significantly boost the level of corporate engagement in India’s social development. Around 7,000-8,000 companies in India will be eligible for mandatory CSR under this legislation and the total annual outlay on CSR, based on the requirement […]
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.
The Companies Bill 2011 proposes stringent and mandatory measures for companies to commit themselves to CSR programs and activities. In this article, Noshir Dadrawala, the Chief Executive of the Centre for Advancement of Philanthropy (CAP), talks about the potential advantages and repercussions of such a law and how companies should prepare themselves for such a possibility. In fact, CSR is well on its way to becoming an eventuality.