Courtesy: Wikipedia
CSR in India has been detached from business practices. A more effective approach to CSR would entail efforts to integrate sustainable business with societal giving, rather than simply requiring companies to donate money and outsource all of its CSR efforts.
Courtesy: MEA India / Flickr
India finds itself in the long queue of global economic powerhouses that wish to avail the new opening between Iran and the international community. But India’s proximity and mutual interests of the two countries indicates that the time is ripe for a fundamentally new beginning in Tehran-Delhi relations.
Courtesy: Mehdi Hasan Khan/ Wikipedia
At a time when Islamic fundamentalism is threatening the world, Bangladesh as a moderate muslim democracy occupies a unique position in actively confronting this threat under Sheikh Hasina. Instead of the unjustified criticism levied against its war trials, the West must actively support its fight against terror.
Courtesy: Dawn Endico
Today ISIS is the gravest international security threat. To defeat ISIS, the world should pay heed to India’s experience of the need to isolate state sponsors of terrorism. Ultimately, only when Saudi Arabia acknowledges the danger to its own survival from past policies of alleged support to extremist groups, can it be a reliable partner in the fight against ISIS.
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
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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.
Courtesy: IAFS
The third India-Africa Forum Summit this week in New Delhi may be the right opportunity for the Modi government to formulate a strong Africa policy, and hosting more than 50 heads of African states will give India a chance to deepen the relationship and open access to newer markets.
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.
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ONGC’s purchase of a 15% stake in Russia’s Vankorneft presents the road ahead for India – by acquiring oil and gas fields today, India has a chance to lock in the price of imported energy at the current low level for the long run.