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Evolution and Importance of
CSR in Indian context
Assessment and Project Report
Certificate Course Certified CSR Professionals
DR. VINAY KUMAR VERMA
M.COM, MBA FINANCE, LLB, PhD Venture Capital-CRA & CSR (CHARTERED ACCOUNTANT & COST AND MANAGEMENT
ACCOUNTANT & COMPANY SECRETARY - ALL STUDENT MEMBER), DCA, CERTIFICATE IN CONSUMER PROTECTION,
INDEPENDENT DIRECTOR DATA BANK Registration No. IDDB-NR-202003-005534 globalceovinay@gmail.com 9131220691,
8962673494,Chairman to VCSSGOC, Sansarchhaya Group of Companies, Chartered Global Ratings Projections, SGOC Medical
Transcription, The Times of united States Of India Group, Legal Library, Universal Peace Beggar Society & Peace Force.
1
INDIA IS THE FIRST NATION
IN THE WORLD FOR
ESTABLISHMENT AS
COMPULSORY CSR TO
CERTAIN CATEGORY
COMPANIES
2
India is the first country in the world to make corporate social
responsibility (CSR) mandatory, following an amendment to the
Companies Act, 2013 in April 2014. Businesses can invest their
profits in areas such as education, poverty, gender equality and
healthcare as part of their CSR compliance.
The amendment notified in the Companies Act, 2013 requires
companies with a net worth of INR 500 crore (US $70 million) or
more, or an annual turnover of INR 1000 crore (US $140 million) or
more, or net profit of INR 5 crore (US $699,125) or more, to spend
2 percent of their average net profits of three years on CSR.
REF:- https://indiainvestmentgrid.gov.in/csr
3
Evaluation of problems in india in CSR Combat
It is the biggest challenge over the whole nation to achieve these 17 goals to
Transform our Nation
Problems In India:
1. Corruption
2. Superstition
3. Pollution
4. Unemployment
5. Crime Indexe (High Rate)
6. Lower GNP
7. BOP
8. Budget Deficit
9. Lack of Infrastructure development
10. Social Evils
11. Technological Backwardness
12. Lack of Research Environment
13. Casteism
14. Illiteracy
15. Education System
16. Basic Sanitation
17. Healthcare System
18. Poverty
19. Women’s Safety
20. Agricultural Distress
21. The rise in Global Protectionism
Etc.
4
NATIONAL PROGRESS
5
The solution
Work Smarter Hard and
Ethically Technologically
Stronger for Universal
Welfare Respectively.
6
Appendix 1. Cover Page
2. iNTRODUCTION
3. Government Of India Comment On CSR
4. Evaluation of problems in india in CSR Combat
5. NATIONAL PROGRESS
6. The solution
7. Appendix
8. How CSR Initially Works
9. How it works-Ethically Intellectually
10. Healthcare & Wellness - 601 SCR Projects Worth USD 44.09 Mn
11. TECHNOLOGY INCUBATORS -101 CSR Projects Worth 26.67 mn
12. WATER & SANITATION- 34 CSR PROJECTS WORTH 0.65$mn
13. Education 22 CSR Project Worth 4.61mn$
14. Rural Development 9 CSR Project Worth USD0.53mn
15. Sports 6 CSR Project Worth USD 0.18mn
16. OTHER 5 CSR PROJECTS WORTH USD 0.27mn
17. SKILL DEVELOPMENT 13 CSR PROJECT WORTH 1.73 $ mn
18. Environment 2 Project Worth 0.1USD mn
19. CSR GOI C+S PSU Initiative- Investment India Grid
20. CSR: Opinions Of Various Indian Corporates
21-23. Challenges Of CSR-1 , 2 , 3
24. Common CSR actions include:(Implementation / proposed In India )
25. Dummy CSR Project- Time Machine
26. UN Volunteers
7
27. UN Partnership Programme
28.-52. Chartered United Global/Universal Aviation
Industrial Financial Reconstruction Fund Trust - (Section 8
Company) Projections.
53. -63. Dummy Project - 2 - Adult Stem Cell Universal
Health Reform Ltd./Inc.
64. Conclusion of the Project-2 President Secretariat Petition
65. Revenue Model
66. Evolution of CSR In India
67. Importance Of CSR In India
68. VCS-SGOC CSR Project Drafting Websites For Nation
Building in Global to Local Business Development
69. Revenue model
70. - 71. REFERENCES
73. The End
How CSR Initially Works
Step 1
Ethical Individual Social
Responsibility
Step 2
Ethical Institutional
Social Responsibility
Step 3
Ethical Corporate Social
Responsibility
8
★ Family Social Responsibility
★ Territorial Social Responsibility
★ World Social Responsibility
★ Global Social Responsibility
★ Universal Social Responsibility
★ National Social Responsibility
★ Ethical Social Responsibility
★ Religious Social Responsibility
★ Society Social Responsibility
★ Human Society Social
Responsibility
★ Etc.
How it works-Ethically Intellectually
9
Healthcare & Wellness
1. 601 SCR Projects Worth USD 44.09 Mn
10
2. TECHNOLOGY INCUBATORS
101 CSR Projects Worth 26.67 mn
11
WATER & SANITATION- 34 CSR PROJECTS WORTH 0.65$mn
12
Education 22 CSR Project Worth 4.61mn$
13
Rural Development 9 CSR Project Worth USD0.53mn
14
Sports 6 CSR Project Worth USD 0.18mn
15
OTHER 5 CSR PROJECTS WORTH USD 0.27mn
16
SKILL DEVELOPMENT 13 CSR PROJECT WORTH 1.73 $ mn
17
Environment 2 Project Worth 0.1USD mn
18
CSR GOI C+S PSU Initiative- Investment India Grid
19
CSR: Opinions Of Various Indian Corporates
Dr. Abdul Kalam, former President of India (2012): Sustainable development refers to a mode of
human development in which resource use aims to meet human needs while preserving the
environment so that these needs can be meet not only in present, but also for the generations to
come.
Azim Premji, Chairman of Wipro limited, (1998): Corporate Social Responsibility aims at
fundamental social development. In Indian context, it means an attempt to realize the vision of just,
humane and equitable society and where every action, however small, is driven by this larger vision,
that is real social action. Ratan.
J. Tata, Chairman, Tata Group: The developing world has two options. The first is to sit back and
react when problem arises. The second is to act as a conscious citizen and rise above our vested
interest for the sake of future generation, so that the history does not records that we have deprived
them of their livelihood.
Narayana Murthy, Infosys Founder (2012): social responsibility is to create maximum shareholder
value working under the circumstances, where it is fair to all the stakeholders, workers, consumers,
community, government and the environment.
20
Challenges Of CSR-1
1. Lack of Community Participation in CSR Activities: There is a lack of interest of the local
community in participating and contributing to CSR activities of companies. This is largely attributable to
the fact that there exists little or no knowledge about. CSR within the local communities as no serious
efforts have been made to spread awareness about CSR and instill confidence in the local communities
about such initiatives. The situation is further aggravated by a lack of communication between the
company and the community at the grassroots.
2. Need to Build Local Capacities: There is a need for capacity building of the local nongovernmental
organizations as there is serious dearth of trained and efficient organizations that can effectively
contribute to the ongoing CSR activities initiated by companies. This seriously compromises scaling up of
CSR initiatives and subsequently limits the scope of such activities.
3. Issues of Transparency: Lack of transparency is one of the key issues brought forth by the survey.
There is an expression by the companies that there exists lack of transparency on the part of the local
implementing agencies as they do not make adequate efforts to disclose information on their programs,
audit issues, impact assessment and utilization of funds. This reported lack of transparency negatively
impacts the process of trust building between companies and local communities, which is a key to the
success of any CSR initiative at the local level.
.
21
Challenges Of CSR-2
4. Non-availability of Well Organized Non-governmental Organizations: It is also reported that there
is non availability of well organized nongovernmental organizations in remote and rural areas that can
assess and identify real needs of the community and work along with companies to ensure successful
implementation of CSR activities. This also builds the case for investing in local communities by way of
building their capacities to undertake development projects at local levels.
5. Visibility Factor: The role of media in highlighting good cases of successful CSR initiatives is
welcomed as it spreads good stories and sensitizes the local population about various ongoing CSR
initiatives of companies. This apparent influence of gaining visibility and branding exercise often leads
many nongovernmental organizations to involve themselves in event-based programs; in the process,
they often miss out on meaningful grassroots interventions.
6. Narrow Perception towards CSR Initiatives: Non-governmental organizations and Government
agencies usually possess a narrow outlook towards the CSR initiatives of companies, often defining CSR
initiatives more donor-driven than local in approach. As a result, they find it hard to decide whether they
should participate in such activities at all in medium and long run.
7. Non-availability of Clear CSR Guidelines: There are no clear cut statutory guidelines or policy
directives to give a definitive direction to CSR initiatives of companies. It is found that the scale of CSR
initiatives of companies should depend upon their business size and profile. In other words, the bigger
the company, the bigger is its CSR program.
22
Challenges Of CSR-3
8. Lack of Consensus on Implementing CSR Issues: There is a lack of consensus amongst local
agencies regarding CSR projects. This lack of consensus often results in duplication of activities by
corporate houses in areas of their intervention. This results in a competitive spirit between local
implementing agencies rather than building collaborative approaches on issues. This factor limits
company‘s abilities to undertake impact assessment of their initiatives from time to time.
23
Common CSR actions include:(Implementation / proposed In India )
➔ Environmental sustainability: recycling, waste management, water management, renewable
energy, reusable materials, 'greener' supply chains, reducing paper use and adopting Leadership
in Energy and Environmental Design (LEED) building standards.
➔ Human capital enhancement: Companies provide additional resources for capacity building of
local employees, including technical and professional training, adult basic education, and
language classes.
➔ Community involvement: This can include raising money for local charities, providing volunteers,
sponsoring local events, employing local workers, supporting local economic growth, engaging
in fair trade practices, etc.
➔ Ethical marketing: Companies that ethically market to consumers are placing a higher value on
their customers and respecting them as people who are ends in themselves. They do not try to
manipulate or falsely advertise to potential consumers. This is important for companies that
want to be viewed as ethical.
24
Dummy CSR
Project- Time
Machine
25
UN Volunteers
26
The UN Volunteer Programme is the best way
for the individuals of the world to join the work
of social welfare and the human welfare
affairs also.
27
UN Partnership
Programme
The UN Partnership Programme
Programme is the best way for the
individuals of the world to join the work
of social welfare and the human
welfare affairs also.
A Draft Section 8 CSR Project for Global Cum Universal Aviation and Space Travel System
Installation for a average Common Man of the the universal security system installation
Titled
Chartered United Global/Universal Aviation Industrial Financial Reconstruction Fund Trust
(Section 8 Company) Projections.
28
Chartered United Global Aviation Industrial Financial
Reconstruction Fund Trust (Section 8 Company)
Projections.
Hon’ble VINAY KUMAR VERMA
(Independent)
India
Copyright2013 Chairman Of Drafting Committee
29
United Indian International Aviation Industrial
Financial Reconstruction Fund Trust Ltd.
● Introduction: As at the time of developing global economy the sartorial reform
in aviation sector is going on, and some organized industrial proceedings are
the key factor behind such aviation sartorial business reforms.
● We Observed that some security cum-financial keys are the need of situation,
And as trust organization is established for the financial reconstruction in the
respect of desired and needed entities. As on the record of global market
sensex BSE, NSE of India the “Sahara ” has closed its aviation business in
domestic and international gateway. Its effect has been seen by the
passengers after all Kingfisher , Air India , Jet Airways.
● So That the company as a trust with a liberal construction is required and
observed by the drafting committee.
● Our ethics as full of co-operative proceedings ab initio and globally serving
trust for not for profit making organization at all is. And the organization will not
take any decision in favor of country specified , all the member countries will
be treating equally, transparently and parallely to all companies as described
on code of conduct. 30
Legality
● As the drafting committee is observed that the public ltd trust
company , limited by shared and will registered also on all
countries as foreign company as per prescribed by concerning law.
● If Possible we will fulfill all norms of a chartered company and
apply for its characterization on the chart, so that it will known and
recognized worldwide as chartered company. As it will recognised
for more than 170 countries.
● its registered office and head office and control will be Only India.
● The Jurisdiction Place HC Delhi.
31
Ethics
Before 1991 as the finance minister honorable current PM of had announced
the policy of Liberalization and Dis-investment and due to all these the
economic and financial reforms are taken into the record of ministry of
company affairs.
As east India was a chartered company and rbi, sbi, lic, icici, uti are
government company one of them fully owned by central government and
rest as psu but as a statutory company established by an act of
parliament. As the 22 years are left from 1991 and no much more
dis-investment is possible, and in this scenario the public private equity
and local/state/central governments shareholding are the new form of
government's disinvestment treatment. As the above titled company it
today exist as start up and still not registered with MCA. And its pre
incorporation work contracts are being prepared and under preservation 32
Capital Clause:
● Paid Up Capital worth 12.5 Lac Cr. And favorable authorized
capital.
● 51% contribution is required / acquired by promoters and majority
rights claiming authority.
● If central government is wants to hold shares and so it have an
option to subscribe the shares from desired states also as 60-40%
government shareholdings.
● All desired concerning aviation industries must hold shares for
amounting @5% of their own paid up capital.
● The Bonus Shares will be issued to the Drafting Committee as
nominal share holdings of such person.
33
Funding to aviation industry
● Rate of Interest on loaning
● Mode of financial supports
● Period of funding
● Repayment and guarantee fee clause
● Fully Secured loan and long term financing policy.
● Code of conduct.
34
Code Of Conduct
● Article Of association.
● Memorandum of association.
● "Code Of conduct" as a part of Memorandum Of Association.
● Red-Herring Prospectus.
● Prospectus
● Chairman letter.authority, responsibility.
● Members Register and shares register , and all mandatorily
maintained Books of accounts will be prepared and maintained on
the head office of the concern as per companies act 1946.
35
Revenue And Surplus norms:
● The tax exempt code
● Income Tax
● Norms of profit disposal is applicable as other equivalent institutions
36
Board Of Director
● 1. Executive Rights of the board.
● 2. Code Of conduct.
● 3. Remuneration of the board
members and accommodations:
As per the norms of other
international organisation and its HR
TA DA HRA EA
ALLOWANCES international security
force and guard and driver
● 4. Security clause of the member.
37
Memorandum Of Association
As per the law all clauses of a
memorandum is prepared and
filled up and the secretarial
affairs will be compiled on the
ground of Companies act
1956 and icsi act, icwa act,
sebi act, security transaction
and regulation act, and also
icai act.
As a public document is will be
published of the web site.
38
Member Countries
● UK
● USA
● CANADA
● AUSTRALIA
● SRI LANKA
● NEPAL
● OPEC COUNTRIES
● EUROZONE COUNTRIES
● ASIAN PACIFIC HONG KONG
● ETC.
● After passing a special resolution a country may become its member.
39
Investment Policy
● Investment on government securities on the basis of short term
period from 15 days to 6 month is applicable.
● such governments securities includes those securities of all
central bank of member countries.
● long term investment will be required special resolution passed
but as per the index rate and strategies.
40
Addition of country Rule Drafting
Addition of country Rule Drafting may be as per the code of conduct and ethics of world trade center.
Means the country rating will be the essence of the world welfare and humidity.
The membership qualification of a country may be:
1. Country Rating must be Stable and Positive in addition with the Superior Symbol of rating of
infrastructure.
2. Ethical and global integrity agreement duly signed by the government and opponent party of
that country.
3. No hide country related ethics must be observed.
4. The guarantee of the nation's membership will be signed by the Central apex government of
that country.
5. The government will be required to submit pre and post performance report of the nation about
immediate preceding past 10 years.
6. Global welfare performance commitment proposal and ethics in 1000 pages excluding the
attachments and reports must be presented before the board of CUIIAIFRFTL.
7. Joint military relation on both country must be held in the past history.
8. No any particularity on any state/country/religion/society must be directly of indirectly observed
by the apex court of that nation or by Honorable International Court.
9. Right to information and Total Transparency Act must be installed on that country.
10. No any domestic violence on that nation must be observed by military of that nation. 41
Article Of Association
As per the law all clauses of a Article is prepared and filled up and the secretarial
affairs will be compiled on the ground of Companies act 1956 and icsi act,
icwai act, sebi act, security transaction and regulation act, and also icai act.
As a public document is will be published of the web site.
Recruitment Of Officials
● For commencement of enteral HR audit-Each year HR accounting must be prepared
and maintained with publishment on annual report.
● The fitch rating is rating company for us.
● Auditors
● ISO auditors
● Employees and HR
● BOD, MD, GM,CM, etc.HRM must be as per code of conduct.
42
Role Of IMF WTO IBRD RBI IBA
● As in infrastructure sector such long term funding is available from the side of IMF WTO
IBRD, will be applicable.
● In the form Of Shares
● In the form of Debentures on discount
● In the form of Lone on low and subsidised rates.
● In the form of any other securities.
Role Of Aviation Industries.
● As a participating Member
● Beneficiary authority.
● Role as act on BOARD and Lenders.
43
Rewards to the drafting committee
To promote such type of skilled projects there is no royalty clause
may be applicable on the ground of surplus as on each month
average profit @ 0.0005% and paid the legal representative of
such member till 4 generation.
Or
the clause will be decided by the Supreme Court of the lead country.
44
❖ World Wide United Indian
Chartered Aviation Industrial
Financial Reconstruction
Fund ltd.
❖ Global opportunity for all the
operations.
❖ Debt Recovery/Appellate
Tribunal Clause will applicable
as per COC.
❖ Jurisdiction Place HC Delhi.
World Wide CSR
Funding...
Surplus making world wide.
World Wide CSR Funding
Global Aviation HR Protection
Global Aviation HR Stability
Global Aviation Business Stability
● - ● - ● -
Protecting
Aviation Employees worldwide
Aviation Sectoral HR issues: Global Job opportunities
Global Insurance Global Sustainable Relationship
Global Provident Fund Global Monetary Stability Issues
Global Travel Insurance Global Retirement Plan & Pensions
This Drafting of the Project is dedicated to the Spaceship, Space Shuttle, Airline operators and Airlines,
1.ICAI
2.ICSI
3.ICWAI
4.IAI
5.CPC (IND)
6. SHRI NARESH CHANDRA
COMMITTEES. (Aspreviously
recommended on Private Airports
in India to Hon,ble Rajya Sabha )
7.ETC.
Communication & Guidences
Institutions and Commeettes
-
A step for day
to day
intercountry up
downs. World’s
1st Air/Space
Concept
Making As much faster as possible.
Chartered
company
management by
government
bodies also.
World Wide
Associate
Funding
Long
Term
Funding
smallest
rate of
interest
➢ Chartered United Indian International Aviation
Industrial Financial Reconstruction Fund Trust
Ltd. (Going To be set up under the act of
parliament, and will be applied for becoming a
Chartered Company in India)
➢ Chartered United International Aviation Industrial
Financial Reconstruction Fund Trust of Nepal
Ltd. (Going To be set up under the act of
parliament, and will be applied for becoming a
Chartered Company in Nepal)
➢ Chartered United International Aviation Industrial
Financial Reconstruction Fund Trust of China
(Going To be set up under the act of parliament,
and will be applied for becoming a Chartered
Company in China)
➢ Chartered United International Aviation Industrial
Financial Reconstruction Fund Trust of Russia
(Going To be set up under the act of parliament,
and will be applied for becoming a Chartered
Company in Russia)
Worldwide Recognition
➢ -Chartered US International Aviation Industrial Financial Reconstruction Fund Trust Inc.
(Going To be set up under the act of parliament, and will be applied for becoming a Chartered Company in US)
CUIIAIFRFTL
Chartered United Indian International Aviation Industrial Financial Reconstruction Fund Trust Ltd.
Drafting for the title (Going To be set up under the act of parliament, and will be applied for becoming a Chartered
Company.) Via PIL & Pending commucication before DGCA and Respective Secretary to President of India.
CUIIAIFRFTL WILL CREATE THE GLOBAL EMPLOYMENT.
According to the Department of Public Enterprises (DPE) India
“Corporate Social Responsibilities is a company’s commitment to operate in an
economically, socially and environmentally sustainable manner, while recognizing the
interests of its stakeholders”
REF-DPE (2006). Report of 2nd Pay Revision Committee for executive of CPSEs. New Delhi
2. Secchi, D. (2007). Utilitarian, managerial and relational theories of corporate social responsibility. International Journal of Management Reviews, 9, 4, 347-373.
Evolution continued when academics and businesses
started to focus their CSR initiatives toward business
strategy. During this period, the role of stakeholders
rose to prominence in the CSR debate due to
contributions by leading academics such as Peter
Drucker (Lee, 2008) Secchi (2007) and Lee (2008),
the reported that the definition of CSR has been
changing in meaning and practice. The classical view
of CSR was narrowly limited to philanthropy and then
shifted to the emphasis on business-society relations
particularly referring to the contribution that a
corporation or firm provided for solving social
problems. In the early twentieth century, social
performance was tied up with market performance
51
Conclusion Of CSR Project - 1
52
1. Global Welfare & Social Connectivity and
Space Awareness
2. World Aviation Reform
3. Excuse for the World Global Village and
single platform of air travel.
4. Reducing losses of aviation industries
5. Etc.
Dummy Project - 2
Adult Stem Cell
Universal Health
Reform Ltd./Inc.
53
Adult stem cells are undifferentiated cells, found throughout the body
after development, that multiply by cell division to replenish dying cells
and regenerate damaged tissues. Also known as somatic stem cells
(from Greek Σωματικóς, meaning of the body), they can be found in
juvenile as well as adult animals and humans, unlike embryonic stem
cells.
Scientific interest in adult stem cells is centered on their ability to divide
or self-renew indefinitely, and generate all the cell types of the organ
from which they originate, potentially regenerating the entire organ from
a few cells. Unlike for embryonic stem cells, the use of human adult
stem cells in research and therapy is not considered to be controversial,
as they are derived from adult tissue samples rather than human
embryos designated for scientific research. They have mainly been
studied in humans and model organisms such as mice and rats
Adult stem cells
54
Adult Stem Cell Definition
55
This is the product awaiting for the
permission of the respective United
Nation International law Commission
and UN Security Council, and UN
General Assembly for the Permission.
These cells are working ab initio for
the initial reconstruction of organ,
Cells and making immunity as
equivalent at the time of Birth of the
Human
Project Description
56
Product Demo
For Example- If a person whose any organ likewise, Pankriyag,
Liver, Kidney, Heart, Brain Etc. is damage or infected, and or Injured
by some reason. If the patient is still alive and his survival provides
time to introduce his/her own processed adult stem cell on
him/her then, after stipulated time that adult stem cell injected
organ will be constructed as new one where it is already installed.
There is no need to worry as own cells are injectable in own body -
Hence No reaction. And No need to search any doner and
formalities here in with.
57
CSR Product Project - Demo
For Example- If a person whose any organ likewise, Pankriyag, Liver, Kidney,
Heart, Brain Etc. is damage or infected, and or Injured by some reason. If the
patient is still alive and his survival provides time to introduce his/her own
processed adult stem cell on him/her then, after stipulated time that adult
stem cell injected organ will be constructed as new one where it is already
installed. There is no need to worry as own cells are injectable in own body -
Hence No reaction. And No need to search any doner and formalities here in
with.
58
Adult Stem Cell Universal Health Reform Ltd./Inc. Or
Universal Hospital Ltd. is required the statutory
infrastructure and Global Network of titled statutory
body/private body for whole world wide health sector
hospital network, and in macro level tha average Min cost of
operation is 10,00,000.00 can be reduced as 10,000.00/- In
INR Respectively.
Adult Stem Cell Universal Health Reform Ltd./Inc.
Or Universal Hospital Ltd.
59
Focus Areas of ISSCR Policy
Supporting Stem Cell Research and Research Funding
The ISSCR supports all forms of stem cell research, performed under rigorous and
transparent oversight, and advocates that embryonic, adult, and reprogrammed stem
cell research must move forward in parallel to best understand disease and identify
treatment.
Human embryonic stem cells have the potential to make any cell type in the body in
unlimited quantities. Research in this area is producing innovative new approaches to
treat diseases that represent major public health problems, and cells derived from
human embryonic stem cells are now being tested in clinical trials as treatments for
diabetes, spinal cord injury, heart failure, macular degeneration and Stargardt’s macular
dystrophy.
60
Artificial Kidney CSR- Project
https://sites.google.com/site/artificialkidneyandmsrf/vcssgoc-work/official-communication-public-disclosures - Author’s Dr Vinay’s Live Project.
Pending Real CSR Project
61
Infrastructure Map
Section 8 Projected Start Up
For Making world a family.
62
Health In the SDG Era
63
Conclusion of the Project-2 President Secretariat Petition
64
The State and Central
Government along with WHO
Authorities are being
communicated for the certain
issues, Under the survillances
of Hon’ble President of India
Respectively.
Revenue Model
65
Evolution of CSR In India
1. The Corruption Index is passivemistic
effect on the CSR Activities.
2. India Should more efficiently explore the
CSR Activities.
3. The CSR Audit if possible must be
conducted CSR AUDITOR & CSR
PROFESSIONAL QUALIFIED ONLY.
4. The separate Institute of CSR Of India
must be established as statutory body
setup under the act of parliament.
5. Etc.
66
Importance Of CSR In India
Thus the Importance of CSR In India onwards Following Grounds are:-
1. Making Corporate Citizenship and Philanthropy along with a good Code
of Ethics for Society.
2. For making the nation well furnished with ethical domestic and
international infrastructural and conceptual success in all manner
onwards the Social Work and Wealth Sharing.
3. Mankind the nation social supportive and cooperative for Nation
Building Purposes
4. Making the nation More Efficient Powerful social affectionately and
politically, technologically, economically etc. with full of infrastructure
development.
5. Etc.
67
VCS-SGOC CSR Project Drafting Websites For Nation
Building in Global to Local Business Development
VCS-SGOC Site Directory
● Accounting Services
● ANNUAL REPORT WIKIPEDIA
● CAREER AT VCS
● DEPARTMENT OF PUBLIC RELATIONSHIP
● DISASTER MANAGEMENT SERVICES
● E-Class Room
● FIN-WWW-FIN
● Fire Protection Management
● Global Project Development From USI
● Global Country Analysis
● GLOBAL NNP Wiki
● Insurance & Actuarial Desk
● Junk Rising Industry Ltd. (Project & Recommendation)
● Recommendation 2012-13
● Society Of Chartered Accountants Satna (Projections)
● UIIAIFRFTL Drafting & Recommendation
● VCS BUSINESS PROJECT SHOP
● VCS CORE SERVICES INTERNATIONAL
● VCS Debt recovery and Crisis Management
● VCS BUSINESS CONSULTANCY
● VCS Corporate Members
● VCS Document Library and Sharing
● VCS Global Management Consultants
● VCS Learning Center
● VCS SGOC BOARD
● VCS WEALTH MANAGEMENT
● VCS SGOC FINANCE AND IT CONSULTING
● VCS SGOC TEAM WORK
● VCS SGOC-VERSATILE CORE SERVICES
● VCS STARTUPS
● VENTURE CAPITAL RESEARCH
● Vinay Kumar Verma (Worker Profile)
● VINDHYA STOCK EXCHANGE(Drafting & Projections)
68
Revenue model
A revenue model is a
framework for generating
financial income. It
identifies which revenue
source to pursue, what
value to offer, how to price
the value, and who pays for
the value. It is a key
component of a company's
business model.
Consumer
Venue
Artist
69
REFERENCES
1. RBI Notification.(2007) .CSR in Indian Banks, Corporate Social Responsibility, Sustainable Development and Non-
Financial Reporting- Role of Banks,RBI/2007- 08/216:DBOD No Dir.BC.58/13.27.00/2007- 08,Dec.20.
2. S. K. Chaudhury, S. K. Das and P. K. Sahoo, ―Practices of corporate social responsibility (CSR) in banking sector in
India: an assessment,ǁ research journal of economics, business, volume 4, pp.76, 2011P.
3. Sunder, Beyond Business: From Merchant Charity to corporate citizenship, New Delhi: Tata McGraw-Hill, 2000
4. www.csrquest.net/defalt.aspx?articleID=12770&heading
5. http://ec.europa.eu/enterprise/policies/sustainable-business/corporate-socialresponsibility
6. B. Scholtens, ―Finance as a Driver of Corporate Social Responsibility, ―Journal of Business Ethics, vol. 68, no. 1, pp.
19-33, sep 2006.
7. J. M. Rose, ―Corporate Directors and Social Responsibility: Ethics versus Shareholder value, Journal of Business
Ethics, vol. 73, no. 3, pp. 319-331, jul 2007.
8. IJARIIE-ISSN (O)-2395-4396 ,Vol-2 Issue-6 2016,CSR : ISSUES AND CHALLENGES IN INDIA, ,CHAND SINGH
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9. P. C. Godfrey and N. W. Hatch, ―Researching corporate social responsibility: An agenda for the 21st century,ǁ
Journal of business Ethics, vol. 70, pp. 87-98, 2007.
10. MD. H.U.Z Khan, ―The Effect of Corporate Governance Elements on Corporate Social Responsibility (CSR)
Reporting: Empirical evidence from private commercial banks of Bangladesh,ǁ International Journal of law
and management, vol. 52 iss: 2, pp.82 – 109
11. International Journal of Scientific and Research Publications, Volume 3, Issue 12, December 2013 8 ISSN
2250-3153 www.ijsrp.org
12. Sanjay Kanti Das, CSR Practices and CSR Reporting in Indian Financial Sector, International Journal of
Business and Management Tomorrow ,Sept 2012, Vol. 2 No. 9.
13. Suman Kalyan Chaudhury, Sanjay Kanti Das, Prasanta Kumar Sahoo, Practices of corporate social
responsibility (csr) in banking sector in india:an assessment, Research journal of Economics, Business And
ICT,Volume-4,2011,Page no.-76.
14. Sanjay Kanti Das, CSR Practices and CSR Reporting in Indian Financial Sector, International Journal of
Business and Management Tomorrow ,Sept 2012, Vol. 2 No. 9.
15. KvasničkováStanislavská, L., Margarisová, K., Šťastná, K, Corporate Social Responsibility in banking sector.
Actauniv. agric. et silvic. Mendel. Brun., 2012, LX, No. 2, pp. 157–164.
16. Austin, James E. The Collaboration Challenge: How Nonprofits and Businesses succeed through Strategic
Alliances, Jossey-Bass, San Francisco, 2000, Page no- 2-11.
17. Sanjay Kanti Das, CSR Practices and CSR Reporting in Indian Financial Sector, International Journal of
Business and Management Tomorrow ,Sept 2012, Vol. 2 No. 9.
18. Karmayog Report. (2009). Retrieved from http://www.karmayog.org/csr2009
19. www.smeworld.org/story/special-reports/corporate-social-rep-csr-activity-historyindia.php
20. http://www.mca.gov.in/MinistryV2/faq+on+csr+cell.html
21. https://www.isscr.org/policy/positions-and-statements
71
The End
72

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Assessment_and_Project_Report_-Certificate_Course__Certified_CSR_Professionals-DR._VINAY_KUMAR_VERMA_(1).pdf

  • 1. Evolution and Importance of CSR in Indian context Assessment and Project Report Certificate Course Certified CSR Professionals DR. VINAY KUMAR VERMA M.COM, MBA FINANCE, LLB, PhD Venture Capital-CRA & CSR (CHARTERED ACCOUNTANT & COST AND MANAGEMENT ACCOUNTANT & COMPANY SECRETARY - ALL STUDENT MEMBER), DCA, CERTIFICATE IN CONSUMER PROTECTION, INDEPENDENT DIRECTOR DATA BANK Registration No. IDDB-NR-202003-005534 globalceovinay@gmail.com 9131220691, 8962673494,Chairman to VCSSGOC, Sansarchhaya Group of Companies, Chartered Global Ratings Projections, SGOC Medical Transcription, The Times of united States Of India Group, Legal Library, Universal Peace Beggar Society & Peace Force. 1
  • 2. INDIA IS THE FIRST NATION IN THE WORLD FOR ESTABLISHMENT AS COMPULSORY CSR TO CERTAIN CATEGORY COMPANIES 2
  • 3. India is the first country in the world to make corporate social responsibility (CSR) mandatory, following an amendment to the Companies Act, 2013 in April 2014. Businesses can invest their profits in areas such as education, poverty, gender equality and healthcare as part of their CSR compliance. The amendment notified in the Companies Act, 2013 requires companies with a net worth of INR 500 crore (US $70 million) or more, or an annual turnover of INR 1000 crore (US $140 million) or more, or net profit of INR 5 crore (US $699,125) or more, to spend 2 percent of their average net profits of three years on CSR. REF:- https://indiainvestmentgrid.gov.in/csr 3
  • 4. Evaluation of problems in india in CSR Combat It is the biggest challenge over the whole nation to achieve these 17 goals to Transform our Nation Problems In India: 1. Corruption 2. Superstition 3. Pollution 4. Unemployment 5. Crime Indexe (High Rate) 6. Lower GNP 7. BOP 8. Budget Deficit 9. Lack of Infrastructure development 10. Social Evils 11. Technological Backwardness 12. Lack of Research Environment 13. Casteism 14. Illiteracy 15. Education System 16. Basic Sanitation 17. Healthcare System 18. Poverty 19. Women’s Safety 20. Agricultural Distress 21. The rise in Global Protectionism Etc. 4
  • 6. The solution Work Smarter Hard and Ethically Technologically Stronger for Universal Welfare Respectively. 6
  • 7. Appendix 1. Cover Page 2. iNTRODUCTION 3. Government Of India Comment On CSR 4. Evaluation of problems in india in CSR Combat 5. NATIONAL PROGRESS 6. The solution 7. Appendix 8. How CSR Initially Works 9. How it works-Ethically Intellectually 10. Healthcare & Wellness - 601 SCR Projects Worth USD 44.09 Mn 11. TECHNOLOGY INCUBATORS -101 CSR Projects Worth 26.67 mn 12. WATER & SANITATION- 34 CSR PROJECTS WORTH 0.65$mn 13. Education 22 CSR Project Worth 4.61mn$ 14. Rural Development 9 CSR Project Worth USD0.53mn 15. Sports 6 CSR Project Worth USD 0.18mn 16. OTHER 5 CSR PROJECTS WORTH USD 0.27mn 17. SKILL DEVELOPMENT 13 CSR PROJECT WORTH 1.73 $ mn 18. Environment 2 Project Worth 0.1USD mn 19. CSR GOI C+S PSU Initiative- Investment India Grid 20. CSR: Opinions Of Various Indian Corporates 21-23. Challenges Of CSR-1 , 2 , 3 24. Common CSR actions include:(Implementation / proposed In India ) 25. Dummy CSR Project- Time Machine 26. UN Volunteers 7 27. UN Partnership Programme 28.-52. Chartered United Global/Universal Aviation Industrial Financial Reconstruction Fund Trust - (Section 8 Company) Projections. 53. -63. Dummy Project - 2 - Adult Stem Cell Universal Health Reform Ltd./Inc. 64. Conclusion of the Project-2 President Secretariat Petition 65. Revenue Model 66. Evolution of CSR In India 67. Importance Of CSR In India 68. VCS-SGOC CSR Project Drafting Websites For Nation Building in Global to Local Business Development 69. Revenue model 70. - 71. REFERENCES 73. The End
  • 8. How CSR Initially Works Step 1 Ethical Individual Social Responsibility Step 2 Ethical Institutional Social Responsibility Step 3 Ethical Corporate Social Responsibility 8
  • 9. ★ Family Social Responsibility ★ Territorial Social Responsibility ★ World Social Responsibility ★ Global Social Responsibility ★ Universal Social Responsibility ★ National Social Responsibility ★ Ethical Social Responsibility ★ Religious Social Responsibility ★ Society Social Responsibility ★ Human Society Social Responsibility ★ Etc. How it works-Ethically Intellectually 9
  • 10. Healthcare & Wellness 1. 601 SCR Projects Worth USD 44.09 Mn 10
  • 11. 2. TECHNOLOGY INCUBATORS 101 CSR Projects Worth 26.67 mn 11
  • 12. WATER & SANITATION- 34 CSR PROJECTS WORTH 0.65$mn 12
  • 13. Education 22 CSR Project Worth 4.61mn$ 13
  • 14. Rural Development 9 CSR Project Worth USD0.53mn 14
  • 15. Sports 6 CSR Project Worth USD 0.18mn 15
  • 16. OTHER 5 CSR PROJECTS WORTH USD 0.27mn 16
  • 17. SKILL DEVELOPMENT 13 CSR PROJECT WORTH 1.73 $ mn 17
  • 18. Environment 2 Project Worth 0.1USD mn 18
  • 19. CSR GOI C+S PSU Initiative- Investment India Grid 19
  • 20. CSR: Opinions Of Various Indian Corporates Dr. Abdul Kalam, former President of India (2012): Sustainable development refers to a mode of human development in which resource use aims to meet human needs while preserving the environment so that these needs can be meet not only in present, but also for the generations to come. Azim Premji, Chairman of Wipro limited, (1998): Corporate Social Responsibility aims at fundamental social development. In Indian context, it means an attempt to realize the vision of just, humane and equitable society and where every action, however small, is driven by this larger vision, that is real social action. Ratan. J. Tata, Chairman, Tata Group: The developing world has two options. The first is to sit back and react when problem arises. The second is to act as a conscious citizen and rise above our vested interest for the sake of future generation, so that the history does not records that we have deprived them of their livelihood. Narayana Murthy, Infosys Founder (2012): social responsibility is to create maximum shareholder value working under the circumstances, where it is fair to all the stakeholders, workers, consumers, community, government and the environment. 20
  • 21. Challenges Of CSR-1 1. Lack of Community Participation in CSR Activities: There is a lack of interest of the local community in participating and contributing to CSR activities of companies. This is largely attributable to the fact that there exists little or no knowledge about. CSR within the local communities as no serious efforts have been made to spread awareness about CSR and instill confidence in the local communities about such initiatives. The situation is further aggravated by a lack of communication between the company and the community at the grassroots. 2. Need to Build Local Capacities: There is a need for capacity building of the local nongovernmental organizations as there is serious dearth of trained and efficient organizations that can effectively contribute to the ongoing CSR activities initiated by companies. This seriously compromises scaling up of CSR initiatives and subsequently limits the scope of such activities. 3. Issues of Transparency: Lack of transparency is one of the key issues brought forth by the survey. There is an expression by the companies that there exists lack of transparency on the part of the local implementing agencies as they do not make adequate efforts to disclose information on their programs, audit issues, impact assessment and utilization of funds. This reported lack of transparency negatively impacts the process of trust building between companies and local communities, which is a key to the success of any CSR initiative at the local level. . 21
  • 22. Challenges Of CSR-2 4. Non-availability of Well Organized Non-governmental Organizations: It is also reported that there is non availability of well organized nongovernmental organizations in remote and rural areas that can assess and identify real needs of the community and work along with companies to ensure successful implementation of CSR activities. This also builds the case for investing in local communities by way of building their capacities to undertake development projects at local levels. 5. Visibility Factor: The role of media in highlighting good cases of successful CSR initiatives is welcomed as it spreads good stories and sensitizes the local population about various ongoing CSR initiatives of companies. This apparent influence of gaining visibility and branding exercise often leads many nongovernmental organizations to involve themselves in event-based programs; in the process, they often miss out on meaningful grassroots interventions. 6. Narrow Perception towards CSR Initiatives: Non-governmental organizations and Government agencies usually possess a narrow outlook towards the CSR initiatives of companies, often defining CSR initiatives more donor-driven than local in approach. As a result, they find it hard to decide whether they should participate in such activities at all in medium and long run. 7. Non-availability of Clear CSR Guidelines: There are no clear cut statutory guidelines or policy directives to give a definitive direction to CSR initiatives of companies. It is found that the scale of CSR initiatives of companies should depend upon their business size and profile. In other words, the bigger the company, the bigger is its CSR program. 22
  • 23. Challenges Of CSR-3 8. Lack of Consensus on Implementing CSR Issues: There is a lack of consensus amongst local agencies regarding CSR projects. This lack of consensus often results in duplication of activities by corporate houses in areas of their intervention. This results in a competitive spirit between local implementing agencies rather than building collaborative approaches on issues. This factor limits company‘s abilities to undertake impact assessment of their initiatives from time to time. 23
  • 24. Common CSR actions include:(Implementation / proposed In India ) ➔ Environmental sustainability: recycling, waste management, water management, renewable energy, reusable materials, 'greener' supply chains, reducing paper use and adopting Leadership in Energy and Environmental Design (LEED) building standards. ➔ Human capital enhancement: Companies provide additional resources for capacity building of local employees, including technical and professional training, adult basic education, and language classes. ➔ Community involvement: This can include raising money for local charities, providing volunteers, sponsoring local events, employing local workers, supporting local economic growth, engaging in fair trade practices, etc. ➔ Ethical marketing: Companies that ethically market to consumers are placing a higher value on their customers and respecting them as people who are ends in themselves. They do not try to manipulate or falsely advertise to potential consumers. This is important for companies that want to be viewed as ethical. 24
  • 26. UN Volunteers 26 The UN Volunteer Programme is the best way for the individuals of the world to join the work of social welfare and the human welfare affairs also.
  • 27. 27 UN Partnership Programme The UN Partnership Programme Programme is the best way for the individuals of the world to join the work of social welfare and the human welfare affairs also.
  • 28. A Draft Section 8 CSR Project for Global Cum Universal Aviation and Space Travel System Installation for a average Common Man of the the universal security system installation Titled Chartered United Global/Universal Aviation Industrial Financial Reconstruction Fund Trust (Section 8 Company) Projections. 28
  • 29. Chartered United Global Aviation Industrial Financial Reconstruction Fund Trust (Section 8 Company) Projections. Hon’ble VINAY KUMAR VERMA (Independent) India Copyright2013 Chairman Of Drafting Committee 29
  • 30. United Indian International Aviation Industrial Financial Reconstruction Fund Trust Ltd. ● Introduction: As at the time of developing global economy the sartorial reform in aviation sector is going on, and some organized industrial proceedings are the key factor behind such aviation sartorial business reforms. ● We Observed that some security cum-financial keys are the need of situation, And as trust organization is established for the financial reconstruction in the respect of desired and needed entities. As on the record of global market sensex BSE, NSE of India the “Sahara ” has closed its aviation business in domestic and international gateway. Its effect has been seen by the passengers after all Kingfisher , Air India , Jet Airways. ● So That the company as a trust with a liberal construction is required and observed by the drafting committee. ● Our ethics as full of co-operative proceedings ab initio and globally serving trust for not for profit making organization at all is. And the organization will not take any decision in favor of country specified , all the member countries will be treating equally, transparently and parallely to all companies as described on code of conduct. 30
  • 31. Legality ● As the drafting committee is observed that the public ltd trust company , limited by shared and will registered also on all countries as foreign company as per prescribed by concerning law. ● If Possible we will fulfill all norms of a chartered company and apply for its characterization on the chart, so that it will known and recognized worldwide as chartered company. As it will recognised for more than 170 countries. ● its registered office and head office and control will be Only India. ● The Jurisdiction Place HC Delhi. 31
  • 32. Ethics Before 1991 as the finance minister honorable current PM of had announced the policy of Liberalization and Dis-investment and due to all these the economic and financial reforms are taken into the record of ministry of company affairs. As east India was a chartered company and rbi, sbi, lic, icici, uti are government company one of them fully owned by central government and rest as psu but as a statutory company established by an act of parliament. As the 22 years are left from 1991 and no much more dis-investment is possible, and in this scenario the public private equity and local/state/central governments shareholding are the new form of government's disinvestment treatment. As the above titled company it today exist as start up and still not registered with MCA. And its pre incorporation work contracts are being prepared and under preservation 32
  • 33. Capital Clause: ● Paid Up Capital worth 12.5 Lac Cr. And favorable authorized capital. ● 51% contribution is required / acquired by promoters and majority rights claiming authority. ● If central government is wants to hold shares and so it have an option to subscribe the shares from desired states also as 60-40% government shareholdings. ● All desired concerning aviation industries must hold shares for amounting @5% of their own paid up capital. ● The Bonus Shares will be issued to the Drafting Committee as nominal share holdings of such person. 33
  • 34. Funding to aviation industry ● Rate of Interest on loaning ● Mode of financial supports ● Period of funding ● Repayment and guarantee fee clause ● Fully Secured loan and long term financing policy. ● Code of conduct. 34
  • 35. Code Of Conduct ● Article Of association. ● Memorandum of association. ● "Code Of conduct" as a part of Memorandum Of Association. ● Red-Herring Prospectus. ● Prospectus ● Chairman letter.authority, responsibility. ● Members Register and shares register , and all mandatorily maintained Books of accounts will be prepared and maintained on the head office of the concern as per companies act 1946. 35
  • 36. Revenue And Surplus norms: ● The tax exempt code ● Income Tax ● Norms of profit disposal is applicable as other equivalent institutions 36
  • 37. Board Of Director ● 1. Executive Rights of the board. ● 2. Code Of conduct. ● 3. Remuneration of the board members and accommodations: As per the norms of other international organisation and its HR TA DA HRA EA ALLOWANCES international security force and guard and driver ● 4. Security clause of the member. 37
  • 38. Memorandum Of Association As per the law all clauses of a memorandum is prepared and filled up and the secretarial affairs will be compiled on the ground of Companies act 1956 and icsi act, icwa act, sebi act, security transaction and regulation act, and also icai act. As a public document is will be published of the web site. 38
  • 39. Member Countries ● UK ● USA ● CANADA ● AUSTRALIA ● SRI LANKA ● NEPAL ● OPEC COUNTRIES ● EUROZONE COUNTRIES ● ASIAN PACIFIC HONG KONG ● ETC. ● After passing a special resolution a country may become its member. 39
  • 40. Investment Policy ● Investment on government securities on the basis of short term period from 15 days to 6 month is applicable. ● such governments securities includes those securities of all central bank of member countries. ● long term investment will be required special resolution passed but as per the index rate and strategies. 40
  • 41. Addition of country Rule Drafting Addition of country Rule Drafting may be as per the code of conduct and ethics of world trade center. Means the country rating will be the essence of the world welfare and humidity. The membership qualification of a country may be: 1. Country Rating must be Stable and Positive in addition with the Superior Symbol of rating of infrastructure. 2. Ethical and global integrity agreement duly signed by the government and opponent party of that country. 3. No hide country related ethics must be observed. 4. The guarantee of the nation's membership will be signed by the Central apex government of that country. 5. The government will be required to submit pre and post performance report of the nation about immediate preceding past 10 years. 6. Global welfare performance commitment proposal and ethics in 1000 pages excluding the attachments and reports must be presented before the board of CUIIAIFRFTL. 7. Joint military relation on both country must be held in the past history. 8. No any particularity on any state/country/religion/society must be directly of indirectly observed by the apex court of that nation or by Honorable International Court. 9. Right to information and Total Transparency Act must be installed on that country. 10. No any domestic violence on that nation must be observed by military of that nation. 41
  • 42. Article Of Association As per the law all clauses of a Article is prepared and filled up and the secretarial affairs will be compiled on the ground of Companies act 1956 and icsi act, icwai act, sebi act, security transaction and regulation act, and also icai act. As a public document is will be published of the web site. Recruitment Of Officials ● For commencement of enteral HR audit-Each year HR accounting must be prepared and maintained with publishment on annual report. ● The fitch rating is rating company for us. ● Auditors ● ISO auditors ● Employees and HR ● BOD, MD, GM,CM, etc.HRM must be as per code of conduct. 42
  • 43. Role Of IMF WTO IBRD RBI IBA ● As in infrastructure sector such long term funding is available from the side of IMF WTO IBRD, will be applicable. ● In the form Of Shares ● In the form of Debentures on discount ● In the form of Lone on low and subsidised rates. ● In the form of any other securities. Role Of Aviation Industries. ● As a participating Member ● Beneficiary authority. ● Role as act on BOARD and Lenders. 43
  • 44. Rewards to the drafting committee To promote such type of skilled projects there is no royalty clause may be applicable on the ground of surplus as on each month average profit @ 0.0005% and paid the legal representative of such member till 4 generation. Or the clause will be decided by the Supreme Court of the lead country. 44
  • 45. ❖ World Wide United Indian Chartered Aviation Industrial Financial Reconstruction Fund ltd. ❖ Global opportunity for all the operations. ❖ Debt Recovery/Appellate Tribunal Clause will applicable as per COC. ❖ Jurisdiction Place HC Delhi. World Wide CSR Funding... Surplus making world wide. World Wide CSR Funding
  • 46. Global Aviation HR Protection Global Aviation HR Stability Global Aviation Business Stability ● - ● - ● - Protecting Aviation Employees worldwide Aviation Sectoral HR issues: Global Job opportunities Global Insurance Global Sustainable Relationship Global Provident Fund Global Monetary Stability Issues Global Travel Insurance Global Retirement Plan & Pensions This Drafting of the Project is dedicated to the Spaceship, Space Shuttle, Airline operators and Airlines,
  • 47. 1.ICAI 2.ICSI 3.ICWAI 4.IAI 5.CPC (IND) 6. SHRI NARESH CHANDRA COMMITTEES. (Aspreviously recommended on Private Airports in India to Hon,ble Rajya Sabha ) 7.ETC. Communication & Guidences Institutions and Commeettes -
  • 48. A step for day to day intercountry up downs. World’s 1st Air/Space Concept Making As much faster as possible.
  • 49. Chartered company management by government bodies also. World Wide Associate Funding Long Term Funding smallest rate of interest ➢ Chartered United Indian International Aviation Industrial Financial Reconstruction Fund Trust Ltd. (Going To be set up under the act of parliament, and will be applied for becoming a Chartered Company in India) ➢ Chartered United International Aviation Industrial Financial Reconstruction Fund Trust of Nepal Ltd. (Going To be set up under the act of parliament, and will be applied for becoming a Chartered Company in Nepal) ➢ Chartered United International Aviation Industrial Financial Reconstruction Fund Trust of China (Going To be set up under the act of parliament, and will be applied for becoming a Chartered Company in China) ➢ Chartered United International Aviation Industrial Financial Reconstruction Fund Trust of Russia (Going To be set up under the act of parliament, and will be applied for becoming a Chartered Company in Russia) Worldwide Recognition ➢ -Chartered US International Aviation Industrial Financial Reconstruction Fund Trust Inc. (Going To be set up under the act of parliament, and will be applied for becoming a Chartered Company in US)
  • 50. CUIIAIFRFTL Chartered United Indian International Aviation Industrial Financial Reconstruction Fund Trust Ltd. Drafting for the title (Going To be set up under the act of parliament, and will be applied for becoming a Chartered Company.) Via PIL & Pending commucication before DGCA and Respective Secretary to President of India. CUIIAIFRFTL WILL CREATE THE GLOBAL EMPLOYMENT.
  • 51. According to the Department of Public Enterprises (DPE) India “Corporate Social Responsibilities is a company’s commitment to operate in an economically, socially and environmentally sustainable manner, while recognizing the interests of its stakeholders” REF-DPE (2006). Report of 2nd Pay Revision Committee for executive of CPSEs. New Delhi 2. Secchi, D. (2007). Utilitarian, managerial and relational theories of corporate social responsibility. International Journal of Management Reviews, 9, 4, 347-373. Evolution continued when academics and businesses started to focus their CSR initiatives toward business strategy. During this period, the role of stakeholders rose to prominence in the CSR debate due to contributions by leading academics such as Peter Drucker (Lee, 2008) Secchi (2007) and Lee (2008), the reported that the definition of CSR has been changing in meaning and practice. The classical view of CSR was narrowly limited to philanthropy and then shifted to the emphasis on business-society relations particularly referring to the contribution that a corporation or firm provided for solving social problems. In the early twentieth century, social performance was tied up with market performance 51
  • 52. Conclusion Of CSR Project - 1 52 1. Global Welfare & Social Connectivity and Space Awareness 2. World Aviation Reform 3. Excuse for the World Global Village and single platform of air travel. 4. Reducing losses of aviation industries 5. Etc.
  • 53. Dummy Project - 2 Adult Stem Cell Universal Health Reform Ltd./Inc. 53
  • 54. Adult stem cells are undifferentiated cells, found throughout the body after development, that multiply by cell division to replenish dying cells and regenerate damaged tissues. Also known as somatic stem cells (from Greek Σωματικóς, meaning of the body), they can be found in juvenile as well as adult animals and humans, unlike embryonic stem cells. Scientific interest in adult stem cells is centered on their ability to divide or self-renew indefinitely, and generate all the cell types of the organ from which they originate, potentially regenerating the entire organ from a few cells. Unlike for embryonic stem cells, the use of human adult stem cells in research and therapy is not considered to be controversial, as they are derived from adult tissue samples rather than human embryos designated for scientific research. They have mainly been studied in humans and model organisms such as mice and rats Adult stem cells 54
  • 55. Adult Stem Cell Definition 55
  • 56. This is the product awaiting for the permission of the respective United Nation International law Commission and UN Security Council, and UN General Assembly for the Permission. These cells are working ab initio for the initial reconstruction of organ, Cells and making immunity as equivalent at the time of Birth of the Human Project Description 56
  • 57. Product Demo For Example- If a person whose any organ likewise, Pankriyag, Liver, Kidney, Heart, Brain Etc. is damage or infected, and or Injured by some reason. If the patient is still alive and his survival provides time to introduce his/her own processed adult stem cell on him/her then, after stipulated time that adult stem cell injected organ will be constructed as new one where it is already installed. There is no need to worry as own cells are injectable in own body - Hence No reaction. And No need to search any doner and formalities here in with. 57
  • 58. CSR Product Project - Demo For Example- If a person whose any organ likewise, Pankriyag, Liver, Kidney, Heart, Brain Etc. is damage or infected, and or Injured by some reason. If the patient is still alive and his survival provides time to introduce his/her own processed adult stem cell on him/her then, after stipulated time that adult stem cell injected organ will be constructed as new one where it is already installed. There is no need to worry as own cells are injectable in own body - Hence No reaction. And No need to search any doner and formalities here in with. 58
  • 59. Adult Stem Cell Universal Health Reform Ltd./Inc. Or Universal Hospital Ltd. is required the statutory infrastructure and Global Network of titled statutory body/private body for whole world wide health sector hospital network, and in macro level tha average Min cost of operation is 10,00,000.00 can be reduced as 10,000.00/- In INR Respectively. Adult Stem Cell Universal Health Reform Ltd./Inc. Or Universal Hospital Ltd. 59
  • 60. Focus Areas of ISSCR Policy Supporting Stem Cell Research and Research Funding The ISSCR supports all forms of stem cell research, performed under rigorous and transparent oversight, and advocates that embryonic, adult, and reprogrammed stem cell research must move forward in parallel to best understand disease and identify treatment. Human embryonic stem cells have the potential to make any cell type in the body in unlimited quantities. Research in this area is producing innovative new approaches to treat diseases that represent major public health problems, and cells derived from human embryonic stem cells are now being tested in clinical trials as treatments for diabetes, spinal cord injury, heart failure, macular degeneration and Stargardt’s macular dystrophy. 60
  • 61. Artificial Kidney CSR- Project https://sites.google.com/site/artificialkidneyandmsrf/vcssgoc-work/official-communication-public-disclosures - Author’s Dr Vinay’s Live Project. Pending Real CSR Project 61
  • 62. Infrastructure Map Section 8 Projected Start Up For Making world a family. 62
  • 63. Health In the SDG Era 63
  • 64. Conclusion of the Project-2 President Secretariat Petition 64 The State and Central Government along with WHO Authorities are being communicated for the certain issues, Under the survillances of Hon’ble President of India Respectively.
  • 66. Evolution of CSR In India 1. The Corruption Index is passivemistic effect on the CSR Activities. 2. India Should more efficiently explore the CSR Activities. 3. The CSR Audit if possible must be conducted CSR AUDITOR & CSR PROFESSIONAL QUALIFIED ONLY. 4. The separate Institute of CSR Of India must be established as statutory body setup under the act of parliament. 5. Etc. 66
  • 67. Importance Of CSR In India Thus the Importance of CSR In India onwards Following Grounds are:- 1. Making Corporate Citizenship and Philanthropy along with a good Code of Ethics for Society. 2. For making the nation well furnished with ethical domestic and international infrastructural and conceptual success in all manner onwards the Social Work and Wealth Sharing. 3. Mankind the nation social supportive and cooperative for Nation Building Purposes 4. Making the nation More Efficient Powerful social affectionately and politically, technologically, economically etc. with full of infrastructure development. 5. Etc. 67
  • 68. VCS-SGOC CSR Project Drafting Websites For Nation Building in Global to Local Business Development VCS-SGOC Site Directory ● Accounting Services ● ANNUAL REPORT WIKIPEDIA ● CAREER AT VCS ● DEPARTMENT OF PUBLIC RELATIONSHIP ● DISASTER MANAGEMENT SERVICES ● E-Class Room ● FIN-WWW-FIN ● Fire Protection Management ● Global Project Development From USI ● Global Country Analysis ● GLOBAL NNP Wiki ● Insurance & Actuarial Desk ● Junk Rising Industry Ltd. (Project & Recommendation) ● Recommendation 2012-13 ● Society Of Chartered Accountants Satna (Projections) ● UIIAIFRFTL Drafting & Recommendation ● VCS BUSINESS PROJECT SHOP ● VCS CORE SERVICES INTERNATIONAL ● VCS Debt recovery and Crisis Management ● VCS BUSINESS CONSULTANCY ● VCS Corporate Members ● VCS Document Library and Sharing ● VCS Global Management Consultants ● VCS Learning Center ● VCS SGOC BOARD ● VCS WEALTH MANAGEMENT ● VCS SGOC FINANCE AND IT CONSULTING ● VCS SGOC TEAM WORK ● VCS SGOC-VERSATILE CORE SERVICES ● VCS STARTUPS ● VENTURE CAPITAL RESEARCH ● Vinay Kumar Verma (Worker Profile) ● VINDHYA STOCK EXCHANGE(Drafting & Projections) 68
  • 69. Revenue model A revenue model is a framework for generating financial income. It identifies which revenue source to pursue, what value to offer, how to price the value, and who pays for the value. It is a key component of a company's business model. Consumer Venue Artist 69
  • 70. REFERENCES 1. RBI Notification.(2007) .CSR in Indian Banks, Corporate Social Responsibility, Sustainable Development and Non- Financial Reporting- Role of Banks,RBI/2007- 08/216:DBOD No Dir.BC.58/13.27.00/2007- 08,Dec.20. 2. S. K. Chaudhury, S. K. Das and P. K. Sahoo, ―Practices of corporate social responsibility (CSR) in banking sector in India: an assessment,ǁ research journal of economics, business, volume 4, pp.76, 2011P. 3. Sunder, Beyond Business: From Merchant Charity to corporate citizenship, New Delhi: Tata McGraw-Hill, 2000 4. www.csrquest.net/defalt.aspx?articleID=12770&heading 5. http://ec.europa.eu/enterprise/policies/sustainable-business/corporate-socialresponsibility 6. B. Scholtens, ―Finance as a Driver of Corporate Social Responsibility, ―Journal of Business Ethics, vol. 68, no. 1, pp. 19-33, sep 2006. 7. J. M. Rose, ―Corporate Directors and Social Responsibility: Ethics versus Shareholder value, Journal of Business Ethics, vol. 73, no. 3, pp. 319-331, jul 2007. 8. IJARIIE-ISSN (O)-2395-4396 ,Vol-2 Issue-6 2016,CSR : ISSUES AND CHALLENGES IN INDIA, ,CHAND SINGH 70
  • 71. 9. P. C. Godfrey and N. W. Hatch, ―Researching corporate social responsibility: An agenda for the 21st century,ǁ Journal of business Ethics, vol. 70, pp. 87-98, 2007. 10. MD. H.U.Z Khan, ―The Effect of Corporate Governance Elements on Corporate Social Responsibility (CSR) Reporting: Empirical evidence from private commercial banks of Bangladesh,ǁ International Journal of law and management, vol. 52 iss: 2, pp.82 – 109 11. International Journal of Scientific and Research Publications, Volume 3, Issue 12, December 2013 8 ISSN 2250-3153 www.ijsrp.org 12. Sanjay Kanti Das, CSR Practices and CSR Reporting in Indian Financial Sector, International Journal of Business and Management Tomorrow ,Sept 2012, Vol. 2 No. 9. 13. Suman Kalyan Chaudhury, Sanjay Kanti Das, Prasanta Kumar Sahoo, Practices of corporate social responsibility (csr) in banking sector in india:an assessment, Research journal of Economics, Business And ICT,Volume-4,2011,Page no.-76. 14. Sanjay Kanti Das, CSR Practices and CSR Reporting in Indian Financial Sector, International Journal of Business and Management Tomorrow ,Sept 2012, Vol. 2 No. 9. 15. KvasničkováStanislavská, L., Margarisová, K., Šťastná, K, Corporate Social Responsibility in banking sector. Actauniv. agric. et silvic. Mendel. Brun., 2012, LX, No. 2, pp. 157–164. 16. Austin, James E. The Collaboration Challenge: How Nonprofits and Businesses succeed through Strategic Alliances, Jossey-Bass, San Francisco, 2000, Page no- 2-11. 17. Sanjay Kanti Das, CSR Practices and CSR Reporting in Indian Financial Sector, International Journal of Business and Management Tomorrow ,Sept 2012, Vol. 2 No. 9. 18. Karmayog Report. (2009). Retrieved from http://www.karmayog.org/csr2009 19. www.smeworld.org/story/special-reports/corporate-social-rep-csr-activity-historyindia.php 20. http://www.mca.gov.in/MinistryV2/faq+on+csr+cell.html 21. https://www.isscr.org/policy/positions-and-statements 71