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CSR Activities of CPSEs 

Department of Public Enterprises (DPE) is the nodal Department for Central Public Sector Enterprises (CPSEs) but there is no CPSE under its direct administrative control. The CPSEs function under various Ministries/ Departments of Govt. of India. As per Section-135 of Companies Act, 2013, CSR activities are undertaken by the CPSEs on the recommendations of their CSR Committee and with the ...

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CSR activities by CPSEs under Ministry of Steel 

As per the Companies Act, 2013, Central Public Sector Enterprises (CPSEs) under Ministry of Steel earmark at least 2% of the average net profits made during the three immediately preceding financial years for Corporate Social Responsibility (CSR) activities. Unspent balance for the previous year, if any, is carried forward to the next year for utilisation for the purpose for which ...

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NALCO TO GET PRESIDENT’S AWARD FOR EXCELLENT CSR IN RECOGNITION OF NALCO KI LADLI SCHEME

National Aluminium Company Limited (NALCO), the Navratna CPSE under Ministry of Mines, Govt. of India, has been selected for the prestigious President’s Award for Excellent CSR. It may be mentioned that the Corporate Affairs Department, Govt of India, has selected NALCO for this award at the national level for introducing and implementing schemes like Nalco ki Ladli. Many social organizations have ...

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NMDC: Nurturing Talents of Bastar, Chhattisgarh

NMDC in association with Chhattisgarh Govt. runs an education initiative named “Choo Lo Asman” for supporting students of Bastar region of Chhattisgarh for preparing them technically and academically competent to pursue higher studies in different disciplines like Engineering and Medical courses. To encourage and support the successful candidates from Bastar region of Chhattisgarh in the premier entrance examinations like IIT-JEE and ...

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JSPL Foundation announces two scholarship programmes

JSPL Foundation, the CSR Arm of Jindal Steel & Power Ltd (JSPL), has announced two scholarship programme – OP Jindal Star and OP Jindal Jewel – for economically weaker meritorious students from the vicinity area of its operations across India, including Angul, Barbil and Tensa in Odisha. Through the Scholarship programmes, to be launched on 88th Birth Anniversary of Shri ...

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CSR Initiatiave JSPL improves lives through Responsible Industrialization

JSPL is concerned about the environmental impact of industrialization and therefore has taken adequate measures & adopted state- of- the- art environment friendly technologies available in the world. JSPL believes that sustainable local prosperity is a key indicator of holistic growth that any investment can trigger. Therefore, to improve the Quality of life of the local people, JSPL in partnership ...

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CSR Status in India and Odisha at post regulatory regime

Interesting aspect of CSR spending by PSUs has been diversion of over 45% of funds to Prime Minister’s Relief Fund and state Chief Ministers’ relief funds ! The reporting system has deprived such funds being made available for local development in most backward areas where the majority of PSU’s are located. The maximum benefit of CSR spending has gone essentially ...

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