CSR Activities in India
In today’s world, it’s more important than ever for NGOs to find ways to get funding for their causes. One way that has proven very effective is corporate social responsibility (CSR). CSR allows companies to make a positive impact on the world while also promoting their brand and gaining loyal customers along the way.
A corporate social responsibility (CSR) program is an initiative that a company undertakes to make a positive impact on society. There are many different ways for a business to engage in CSR activities. Here’s a complete list of CSR activities that are allowed according to the companies act 2013.
List of CSR Activities
- Protection of national heritage, art and culture
- Establishing Public Libraries
- Traditional art and handicraft development and promotion
- Measures for the benefit of armed forces veterans, war widows and their dependents
- Training to promote rural sports, nationally recognized sports, Paralympic sports and Olympic sports.
- Contributions or funds provided to technology incubators located within academic institutions which are approved by the Central Government
- Eradication of Hunger
- Poverty and Malnutrition
- Promoting health care and sanitation
- Providing access to safe drinking water
- Promoting education among children, women, the elderly, and the differently abled
- livelihood enhancement projects
- Promoting gender equality and women’s Empowerment
- Establishment of homes and hostels for women and orphans
- Setting up old age homes, daycare centers and other facilities for senior citizens
- Measures for reducing inequalities faced by socially and economically backward groups
- Ensuring environmental sustainability and Ecological Balance
- Protection of plants and animals( Animal Welfare & Agroforestry)
- Conservation of Natural Resources
- Maintaining the quality of soil, air and water.
Examples of CSR activities by Indian companies
Aditya Birla Foundation: The Aditya Birla Foundation is a non-profit organization that aims to promote social development by providing education and healthcare services to underprivileged children across India.
Hindustan Unilever Limited: Hindustan Unilever Limited (HUL) is one of the largest multinational companies based in India. The company is involved in manufacturing and marketing consumer products like shampoo, toothpaste, detergent etc. It also does some philanthropic activities like working towards ensuring hygiene and sanitation among the poor through its program called Praharshita, which means pristine or cleanliness in the Sanskrit language.
Tata Power: Tata Power has made empowering women through Self Help Groups in the Kutch region of Gujarat its primary goal. This effort offers financial assistance and loans for housing, livestock purchases, business capital, education, marriage, and medical expenses.
Infosys: Infosys was one of the first companies to embrace Corporate Social Responsibility. They undertake initiatives such as the restoration of water bodies in Karnataka and the construction of metro stations in collaboration with Bangalore Metro Rail Corporation Limited. Additionally, they contribute to sports through their GoSports Foundation. Included in their CSR programme is a relief fund for Tamil Nadu, Karnataka, and Kerala.
Final Thoughts
The government has created this whole CSR thing to bring together both the companies that are entitled to donate a part of their net profits to the social cause and the NGOs who are seeking funds to carry out the CSR activities.
To make this process organized and efficient, The Companies Act, 2013
Declared a list of activities that can be performed with CSR funds to avoid any misuse of the funds and to make sure that the funds are used to help people in need.
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