CSR is social responsibility, real estate firms told

GN Bureau | September 7, 2015



Do not to think of corporate social responsibility (CSR) as a charity or philanthropy towards the society but as responsibility towards community, R Balasubramaniam, founder of Swami Vivekananda Youth Movement has told real estate developers.

He was speaking on CSR activities in Belagavi, Karnataka, participating in the 'STATECON-2015', a two days state level annual convention of Confederation of Real Estate Developers Association of India (CREDAI).

Balasubramaniam said in India, 54% children are suffering by malnutrition, 70% families don't have toilets, 65% people not getting potable drinking water, thousands of villages are yet to get school facility. This is due to the fact that 85% wealth of the country is generated and controlled by just 20% of people. There is huge gap that need to be bridged not by pulling down the rich but pushing up the poor, he said.

Meanwhile, he took jibe on increasing number of CSR consultancy firms to help corporate companies to figure it out the issues regarding CSR. He said there is no need of consultancy to deal CSR issue but need the good heart and feeling towards downtrodden communities.

Balasubramaniam called upon developers' community to think out of box to help poor in rural areas utilizing CSR. He felt that most of the companies want to spend CSR funds in Bengaluru and using it as a medium of publicity.

Comments

 

Other News

Elections 2024: 1,351 candidates in fray for Phase 3

As many as 1,351 candidates from 12 states /UTs are contesting elections in Phase 3 of Lok Sabha Elections 2024. The number includes eight contesting candidates for the adjourned poll in 29-Betul (ST) PC of Madhya Pradesh. Additionally, one candidate from Surat PC in Gujarat has been elected unopp

2023-24 net direct tax collections exceed budget estimates by 7.40%

The provisional figures of direct tax collections for the financial year 2023-24 show that net collections are at Rs. 19.58 lakh crore, 17.70% more than Rs. 16.64 lakh crore in 2022-23. The Budget Estimates (BE) for Direct Tax revenue in the Union Budget for FY 2023-24 were fixed at Rs. 18.

‘World’s biggest festival of democracy’ begins

The much-awaited General Elections of 2024, billed as the world’s biggest festival of democracy, began on Friday with Phase 1 of polling in 102 Parliamentary Constituencies (the highest among all seven phases) in 21 States/ UTs and 92 Assembly Constituencies in the State Assembly Elections in Arunach

A sustainability warrior’s heartfelt stories of life’s fleeting moments

Fit In, Stand Out, Walk: Stories from a Pushed Away Hill By Shailini Sheth Amin Notion Press, Rs 399

What EU’s AI Act means for the world

The recent European Union (EU) policy on artificial intelligence (AI) will be a game-changer and likely to become the de-facto standard not only for the conduct of businesses but also for the way consumers think about AI tools. Governments across the globe have been grappling with the rapid rise of AI tool

Indian Railways celebrates 171 years of its pioneering journey

The Indian Railways is celebrating 171 glorious years of its existence. Going back in time, the first train in India (and Asia) ran between Mumbai and Thane on April 16, 1853. It was flagged off from Boribunder (where CSMT stands today). As the years passed, the Great Indian Peninsula Railway which ran the

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter