2. Introduction
Corporate Social Responsibility (CSR) can be defined as a
Company’s sense of responsibility towards the community
and environment (both ecological and social) in which it
operates.
3. The Companies Act, 2013 has formulated Section
135, Companies (Corporate Social Responsibility)
Rules, 2014 and Schedule VII which prescribes
mandatory provisions for Companies to fulfill their CSR.
This article aims to analyses these provisions (including
all the amendments therein).
4. Advantages Of CSR
Better brand recognition
Positive business reputation
Increased sales and customer loyalty
Attract positive media attention
Better financial performance
Identify new business opportunities
Increased employee satisfaction
5. Scope for CSR in India
Environment
Energy
Employment of women
Support for minority businesses
Employment of minorities
Community Development
6.
7.
8. National Corporate Social Responsibility Awards
(NCSRA)
A-Corporate Awards for Excellence in CSR:
Recognition to a company based on total eligible CSR Spend (four awards)
Companies have eligible CSR Spend above 100 crores
Companies have eligible CSR Spend between 10 crores
and 99.99 crores
Companies have eligible CSR Spend between 1 crores and
9.99 crores
9. Corporate Awards in CSR in Challenging Circumstances:
• North
• North East
• East
• West
• South
Awards for CSR by Private Organization
