Corporate social responsibility (CSR) Current Affairs, GK & News

HDFC Bank to turn carbon neutral by 2031-32

HDFC Bank has planned to become carbon neutral by 2031-32. Bank is now looking for reducing its emissions, energy, and water consumption. How HDFC will turn carbon neutral? HDFC will continue to incorporate and scale up use of renewable energy in its operations. Under its environmental, social, and corporate governance (ESG) strategy, bank will also ..

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PM CARES Fund: Oxygen Plant for 100 new hospitals

The Ministry of Health and Family Welfare recently announced that around hundred new hospitals are to have their own oxygen plant under the PM CARES Fund. PM CARES Fund is Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund. What is the plan? The Government of India has sanctioned 162 Pressure Swing Adsorption Plants ..

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Supreme Court rules private labs to make COVID-19 tests free of cost

On April 8, 2020, the Supreme Court of India ordered the private labs to make COVID-19 testing in private labs free of cost. The GoI had earlier allowed the private labs to test COVID-19 after being approved by ICMR. The prices of the test were capped at Rs 4,500. Ruling of the SC The Supreme ..

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Odisha sets up COVID-19 dedicated hospitals with 1,000 beds

On March 27, 2020, the Odisha Government announced that it is to set up two COVID-19 dedicated hospitals under PPP (Public Private Partnership) model. Highlights Around 84,000 people have returned from abroad in the state. There are so far three positive cases in the state. The Government forecasting the spread of the virus has prepared ..

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Cabinet Approval: To amend Companies Act, 2013

On March 4, 2020, the Union Cabinet approved 72 changes to the Companies Act, 2013. The main aim of the amendment is to decriminalize the provisions in the act. Highlights The amendment aims to recategorize 23 offences and omit 7 compoundable offences. Under the amendment, the companies with Corporate Social Responsibility (CSR) obligation of less ..

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