Corporate Social Responsibility Current Affairs, GK & News

Corporate Social Responsibility

Corporate Social Responsibility is a self-regulatory mechanism which ensures its active compliance with the spirit of the law, international norms and ethical standards. United Nations Industrial Development Organization defined it as the responsiveness of businesses to stakeholders’ legal, social, ethical and environmental expectations. According to UNIDO, it is a management concept where companies integrate environmental ..

Parliament passes Taxation and Other Laws (Relaxation and Amendment of Certain provisions) bill

On September 23, 2020, Parliament passed the Taxation and other laws (Relaxation and Amendment of certain provisions) bill, 2020. It replaces an ordinance and will make few changes to direct and indirect tax laws. It was cleared in Rajya Sabha through voice vote. The bill was passed in Lok Sabha earlier. Key Features The bill ..

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Facebook launches ‘Pragati’ in India

Major Technological Company Facebook launched its Corporate Social Responsibility (CSR) initiative called ‘Pragati’ in India. The initiative which aims to boost women entrepreneurship in India, is powered by N/Core (The/Nudge Centre for Social Innovation). The project will incubate and accelerate early-stage women-led non-profit units that work on women entrepreneurship. The initiative will award four financial ..

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Future Skills: Wipro, NASSCOM launch platform to train 10,000 engineering students

Information Technology firm Wipro has partnered with IT body NASSCOM (National Association of Software and Services Companies) to launch a skilling platform called ‘Future Skills’ for new age technologies such as Artificial Intelligence (AI), Internet of Things (IoT) that will reach 10,000 students from over 20 engineering colleges in India. About ‘Future Skills’ Platform The ..

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Education sector received the maximum CSR funds from 2014-15 to 2017-18

The Union Minister of State for Finance and Corporate Affairs, Anurag Singh Thakur in a written reply to Rajya Sabha on Tuesday, 10th December 2019 informed that the Educational sector has received the maximum Corporate social responsibility(CSR) spent during the financial years from 2014-15 to 2017-18. A grand total of Rs 15,742.33 crores have been ..

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Government announces measures to arrest economic downturn

To improve the grim economic situations in India, the Indian finance ministry has announced several measures to arrest the economic downturn in India and promote a healthy investor scenario in India. These measures were announced the Finance Minister of India, Mrs. Nirmala Sitharaman in a press conference. Which measures were announced by the Finance Minister? ..

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