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Need of a stimulus package for NGOs
The year 2020 has been a difficult year for NGOs in India (not just because of the pandemic) and the next year also potentially appears to be a difficult one. “Most NGOs are heavily reliant on their funders and with institutional funding drying up this year, several NGOs, especially the smaller ones, have suffered a […]
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Mahindra Logistics joins the India Workers’ Alliance
Samhita Social Ventures welcomes Mahindra Logistics Ltd. as a pillar of the India Workers Alliance to provide immediate relief to its driver community by transferring Rs 3,000 to their bank accounts to enable them to buy essential commodities. Born out of the Samhita Model, the India Workers Alliance propogates a collective CSR fund for economic […]
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Clean energy taps limited CSR funding, report says – Live Mint
“Companies may not be implementing CSR in clean energy because of various reasons. Many companies perceive energy access interventions to be highly technical. This could’ve discouraged some companies that did not have capacities and capabilities to implement such projects. Companies also find it difficult to source qualified and technically competent implementation partners in geographic areas […]
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Tech underpins a new wave of Indian corporate social responsibility
“There is something magical about the convergence with people halfway around the world. The issues you are dealing with in South Africa are so similar to the ones we are going through in India.” So says Priya Naik, founder and CEO of Samhita Social Ventures in India, addressing delegates at the Trialogue Business in Society […]
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Impact Assessment Needs To Move Away From ‘Output’ To ‘Outcome’
As companies’ CSR and sustainability strategies are growing more sophisticated, they are demanding better measurement and evaluation of the impact of their investments. Priya Naik talks with Nidhi Bennur at Creatively Unsettled on the need for Impact Assessment among social enterprises
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These social enterprises have been helping corporates with CSR, long before it became law
Priya Naik’s mission is clear. “India has a vibrant social sector and there are complexities associated with the nation too,” she says. “We want multiple stakeholders to come together, collaborate and create value using their core competence.”
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Financial Inclusion – Key to Economic & Social Development
Priya Naik, Founder and Managing Director of Samhita Social Ventures emphasizes on financial inclusion as the key to economic and social development in an article in CSR Mandate. In India RBI describes financial inclusion as the process of ensuring access to appropriate financial products and services needed by vulnerable groups such as weaker sections and low-income groups […]
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Wondering About Corporate Spend? Here Are Three Sectors CSR Should Focus On
The Better India featured Samhita’s report on CSR in Clean Energy. ‘Energising Development – CSR in Clean Energy: What are India’s top companies up to?’ was created in association with Shakti Sustainable Energy Foundation and International Finance Corporation. “By comparison, almost 90% of the companies have a CSR program in education, sanitation or skills and […]
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With longer shifts, fewer workers can run factory operations; infection risks will be lower: HUL
FMCG major Hindustan Unilever CMD Sanjiv Mehta on Monday supported states for increasing shift times in factories to 12 hours a day, saying the move will help in restricting the spread of the COVID-19 pandemic. He also added that aspects like social security and sufficient rest to the factory workers are essential. Taking cue from […]
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Govt, business, civil society must implement direct cash transfers to avoid ‘society-wide poverty trap’, says Noble Laureate Esther Duflo
Esther Duflo, 2019 Nobel laureate, on Monday said that it is essential for government, business, and NGO stakeholders to focus on cash transfers to economically vulnerable populations to avoid entering into a ‘society-wide poverty trap” in India. Duflo said “this is something business should be keenly interested in and very much behind it, not just […]
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REVIVE Launch Announcement
In a bid to restore livelihoods lost during the COVID-19 crisis, Samhita-Collective Good Foundation (CGF), the US Agency for International Development (USAID), Michael & Susan Dell Foundation (MSDF) and Omidyar Network India have collaborated to launch a $6.85 million blended finance facility called REVIVE.
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