He was addressing a training programme on ‘Strategies for result-oriented CSR’
Jasleen Kaur | December 18, 2014
The participatory corporate social responsibility (CSR) activities with a collaborative effort by the beneficiaries and ensuring transparency by publishing annual score cards can help corporate houses in achieving result-oriented CSR, Jayant Sinha, minister of state for finance, said on Thursday.
Addressing training programme on ‘Strategies for result-oriented CSR’, organised by Indian Social Responsibility Network (ISRN) and PHD Chamber of Commerce and Industry in Delhi, he talked about the challenges being faced by the government and how corporate houses have an important role to play in overcoming them.
“The biggest challenge is job creation in formal sector every year. But it is not the government that creates job but the corporate houses. Corporate houses have to be drivers in economic activity and they have to take the lead. Here CSR is an important (tool) and it will prove to be an extraordinary aspect of the growth,” the minister said.
He also said the corporate houses are profit making entities but they have to be part of the society at large.
He also talked about the global climate change and maintaining ecological balance and rebuilding economic institutions as other challenges faced by the government.
The training programme was organised to educate CSR heads and senior managers of different corporate houses and PSUs to provide advanced knowledge and learning for a comprehensive approach to create effective strategies and to conceptualise the importance of social audit in CSR activities and system for effective implementation of monitoring and evaluation strategies.
Others present included Vinay Sahasrabuddhe, in-charge of BJP's national good governance cell and Lalitha Kumaramangalam, chairperson, national commission for women and also of ISRN.
The training programme was attended by CSR professionals from MMTC, Rural Electrification Corporation, NTPC, Oil India, and Escorts among others.
India is determined to “set an example” for the rest of the word in the post-pandemic economic revival, prime minister Narendra Modi has said, underling the need to become self-reliant. “There is also a widespread debate on how the economies of various countries, including
Close to 48 lakh migrant labourers have been able to reach home from the cities they were working in, as the Indian Railways have run a total of 3,543 “Sharmik Special” trains from May 1. Following the home ministry order regarding the movement by special trains of migrant worker
Before the novel coronavirus hit it, Mumbai about 10-12 lakh labourers from elsewhere had made it their home. The figure for the state of Maharashtra was another 18-20 lakh. As the pandemic spread and the Maximum City emerged as the worst-hit place in India, all economic activities came to an end, and with
For the rest of the world, it is not easy to understand China when it comes to politics or economics. Under pressure from the international community, it has accepted to open the country for a “comprehensive” probe into the origin of the deadly coronavirus. But it is not clear whether the Asian
Even as humanitarian support is pouring in to help distressed migrants amid Covid-19 pandemic and the lockdown, civil society organizations and NGOs are working for sanitation of community toilets which have become breeding source of virus infection. Every community toilet has 20 seats. Each
India, completing about two months of lockdown to protect against the spread of the Novel Coronavirus, has made good use of the time to improve health infrastructure, the government has said. Countering media reports “about some decisions of the government regarding the lockdown implem