National Sports Development Fund

The National Sports Development Fund (NSDF) in India is a crucial initiative aimed at supporting and nurturing the country’s sports talent, infrastructure, and overall development. Established with the goal of promoting excellence in sports, the NSDF serves as a vital ..

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 ..

Month: Current Affairs - December, 2019

President Kovind presents National Corporate Social Responsibility Awards

President Ram Nath Kovind presented the National Corporate Social Responsibility Awards (NCSRA) to selected companies in New Delhi. These awards are highest recognition given by Government of India in domain of CSR and are awarded to companies for their outstanding ..

Month: Current Affairs - October, 2019

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, ..

Injeti Srinivas committee on CSR recommends CSR expenditure to be made tax deductible expenditure

The High Level Committee on Corporate Social Responsibility (CSR), headed by Corporate Affairs Secretary Injeti Srinivas, has recently submitted its report to Finance Minister Nirmala Sitharaman. The main recommendations include making CSR expenditure tax deductible, allowing the carry-forward of unspent ..

Report of High Level Committee on Corporate Social Responsibility

The report of the High-Level Committee on Corporate Social Responsibility (CSR) headed by Corporate Affairs Secretary Injeti Srinivas has submitted the report to the Minister of Finance and Corporate Affairs Nirmala Sitharaman. Recommendations of the Committee The CSR spend by ..

Companies (Amendment) Bill, 2019

After much deliberations, the Lok Sabha passed The Companies (Amendment) Bill, 2019. This Bill seeks to amend the Companies Act, 2013 and replaces an earlier replace the ordinance promulgated earlier in this regard. What is the bill? The Companies (Amendment) ..

Sahara: Hostel for Veer Naris

The Sahara Naval Hostel for the ‘Veer Naris’ was inaugurated in New Delhi. The Sahara Naval Hostel for the ‘Veer Naris’ was undertaken by the Indian Navy under the Corporate Social Responsibility (CSR) partnership with National Buildings Construction Corporation (NBCC). ..

JSPL wins FICCI CSR Award for Women Empowerment

The Jindal Steel and Power Ltd (JSPL) has been honoured with the prestigious ‘FICCI CSR Award’ for Women Empowerment. JSPL was awarded for its innovative and high impact women empowerment programmes, implemented by the company’s CSR Arm – JSPL Foundation, across ..

Injeti Srinivas heads high-level committee on Corporate Social Responsibility

The Union Ministry of Corporate Affairs (MCA) has recently constituted an 11-member high-level committee on Corporate Social Responsibility (CSR) to review the existing framework and guide and formulate the roadmap for a coherent policy on CSR under the companies law. ..