The first week of Paris climate talks came to an end on Friday 4 December, 2015. The road ahead to reach an agreement seems difficult as multinational companies have aligned themselves more with the agenda of the developed world. Is sense going to prevail in the coming week and 'differentiated nature of responsibility' find acceptance?
The 2013 Companies Act has brought a mixed bag of results: it has structured and regulated CSR in India, but also increased the hurdles businesses must clear, as well as the social and monetary costs for companies.
The Ministry of Corporate Affairs’ notice last year directing companies to partner with NGOs for their CSR efforts requires companies to choose partners carefully, while NGOs must focus on monitoring and other requirements—so both sides are trying to address gaps and work with each other’s strengths
Courtesy:
Gateway House's Manjeet Kripalani is on a five-day trip to North Bihar to observe the penultimate days of the election campaigning. She will send a daily diary, in pictures or words, while traversing Bihar; on its progress and its aspirations. And why Bihar is so important to India.
The lack of effective punishment for companies that fail to meet the 2% CSR requirement is the most notable lacuna in the Indian Companies Act of 2013. At the same time, mandatory CSR is not a replacement for state social spending, which is a key ingredient for the success of developing nations.
Courtesy:
While the lifting of economic sanctions after Iran’s recent nuclear deal with the P5+1 countries may improve socio-economic conditions, will it also positively impact human rights in the country?
Courtesy: Wikimedia Commons
The definition of corporate social responsibility in India is rather unique and follows an approach that combines philanthropy and business strategy. How is the Indian concept of CSR different from what is followed in other countries?
In the first Republican debate of the the 2016 elections Donald Trump stood out as the biggest winner. However, the lack of any outstanding Republican candidate means Democrat Hillary is the real winner
Courtesy:
Tracing the history of CSR in India, from Independence to the Companies Act. This a first in a series of articles examining CSR and the Indian Companies Act (2013)
Courtesy:
The Narendra Modi government has recanted on some of its policy promises. There could be valid reasons for doing so, except it has not bothered to take the public into confidence