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FY20 CSR Spend Plummets To Rs 7,800 Crore – Half Of FY19: Report


FY20 CSR spend plummets to Rs 7,800 crore – half of FY19: Report
The share of public sector companies’ contribution towards CSR dropped to 6 percent in FY20, compared to 20 percent in FY19
February 15, 2021 / 02:41 PM IST
Economic downturn due to the COVID-19 pandemic has impacted corporate social responsibility (CSR), evidenced by businesses’ charity spend for FY20 dipping by 50 percent of FY19 numbers, data showed.
CSR for FY20 was a little over Rs 7,800 crore against Rs 18,655 crore in FY19, Mint reported. This spend usually addresses societal concerns such as education, health, hunger, malnutrition and poverty.
As many as 248 entities, including large corporations in the auto, food and tech space spent well below the amount, data from the Corporate Affairs Ministry showed; while 98 percent of companies in the pharma, insurance and cement space contributed nothing towards CSR. ....

Pavan Kumar Vijay , Corporate Professionals Group , Corporate Affairs Ministry , Corporate Social Responsibility , Corona Virus , Covid 19 , Economic Impact , Csr Spend , பவன் குமார் விஜய் , பெருநிறுவன ப்ரொஃபெஶநல்ஸ் குழு , பெருநிறுவன வாழ்க்கைத்தொழில்கள் அமைச்சகம் , பெருநிறுவன சமூக பொறுப்பு , கொரோனா வைரஸ் , சர்வதேச பரவல் , பொருளாதார தாக்கம் , சிசர் செலவு ,

Maharashtra farmers exploring partnerships with corporates - The Hindu BusinessLine


Maharashtra farmers exploring partnerships with corporates
February 12, 2021
MahaFPC has already launched the country’s first onion storage in PPP mode
Maharashtra Farmers Producer Company (MahaFPC), a consortium of about 400 FPCs in the State, is exploring partnerships and joint ventures with corporate houses even as debates and discussions on new farm laws continue.
The MahaFPC has already launched India’s first onion storage and marketing infrastructure through the public-private-partnership (PPP) model. Yogesh Thorat, MD, MahaFPC, told
BusinessLine it is high time farmers looked at equitable partnerships and not a subsidy to survive.
“There is no option for small farmers than to form FPCs and corporate bodies will have to deal with FPCs. Corporate bodies would not be interested in production-centric operations but in infrastructure and value chain development. We are looking for investment-centric partnerships and joint ventures. This is the wa ....

Vilas Shinde , Yogesh Thorat , Maharashtra Farmers Producer Company Maha , National Agricultural Marketing Federation Of India Nafed , Maharashtra Farmers Producer Company , National Agricultural Marketing Federation , Managing Director , Tie Ups , Ppp Mode , Farm Laws , விலாஸ் ஷிந்டே , யோகேஷ் தோராத் , மகாராஷ்டிரா விவசாயிகள் ப்ரொட்யூஸர் நிறுவனம் மஹா , மகாராஷ்டிரா விவசாயிகள் ப்ரொட்யூஸர் நிறுவனம் , நிர்வகித்தல் இயக்குனர் , கட்டு யு பி எஸ் , ப்ப்ப் பயன்முறை , பண்ணை சட்டங்கள் ,

Budget favours corporates: Congress - The Hindu BusinessLine


Budget favours corporates: Congress
February 10, 2021
Congress MP Kapil Sibal   -  PTI×
Govt promoting crony capitalism, inequality rising, Rajya Sabha told
The Rajya Sabha started the debate over the Union Budget on February 8. Initiating the debate, senior Congress MP Kapil Sibal said the Budget does not do anything to address the increasing levels of inequality and favours crony capitalists.
However, the BJP countered it saying it has potential to address the slowdown during the pandemic. Former Deputy Chief Minister of Bihar and BJP’s key speaker Sushil Kumar Modi said proactive steps are being taken by the Centre to address the issues of people. ....

United States , Rajya Sabha , Sushil Kumar Modi , Congress Mp Kapil Sibal , Union Budget On , Union Law , Union Budget , Deputy Chief Minister , Union Law Minister , West Bengal , Kapil Sibal , ஒன்றுபட்டது மாநிலங்களில் , ராஜ்யா சபா , சுஷில் குமார் மோடி , காங்கிரஸ் எஂபீ கபில் சிபல் , தொழிற்சங்கம் பட்ஜெட் ஆன் , தொழிற்சங்கம் சட்டம் , தொழிற்சங்கம் பட்ஜெட் , துணை தலைமை அமைச்சர் , தொழிற்சங்கம் சட்டம் அமைச்சர் , மேற்கு பெங்கல் , கபில் சிபல் ,