truCSR

Author: CS Pradeep Kumar Parakh | Date: 10-Oct-2022.       The CSR Policy Amendment Rules, 2022 (“the Amendment Rules, 2022”) were notified by the MCA vide Notification No. G.S.R. 715(E) dated 20 September 2022 amending the the CSR Policy Rules, 2014 (“the Original Rules”) with effect from 20 September 2022. The key changes made to the respective Rules, effects thereof, are summarized below:    Sr. No. Rule No. of the Original Rules Mode of Amendment Topic of Amendment Description of Amendment Amendment relevant to 1. Rule 3(1) Insertion of proviso CSR Committee A Company shall continue to have its CSR Committee, till any amount remain unspent for Ongoing Project and are transferred to a separate Bank Account called as “The Unspent Corporate Social Responsibility Account” which are spent by the Company as per its obligation towards CSR within a pe...

Author: Gopal Kumar Jain, Ginelle Louis | Date: 13-August-2022.  Click on the following links to know more about  Har Ghar Tiranga   and  Azadi Ka Amrit Mahostav #azadikaamritmahotsav #momentswithtiranga #prideofindia #harghartiranga #tricolour                                                                                            --------------------- truCSR is a social venture, working with Contributors (Corporate) and Implementers (NGOs) to foster effective collaborations for creating meaningful Social Impacts and achieve higher Social Returns on Investment. truCSR offers customized support to corporates to plan, strategize, implement and effectively monitor their Corporate Social Responsibility (CSR) activities, in a Transparent,...

Author: Gopal Kumar Jain, Anjani Panchal, Smriti Lotlikar | Date: 08-June-2022.  #WeAreCommitted Menstruation is as normal as breathing. Yet around the world the issue continues to be neglected at all levels. Poor menstrual hygiene (MH) caused by a lack of education on the issue, persisting taboos and stigma, limited access to hygienic menstrual products and poor sanitation infrastructure undermines the educational opportunities, health and overall social status of women and girls around the world. As a result, millions of women and girls are kept from reaching their full potential.   Status of MH in India Menstrual Hygiene Day (MH Day) Organisations around the world come together on this day to create awareness and sensitise individuals on persisting taboos and stigma and lack of access to information about menstruation, period products and adequate infrastructure.    More specifically, MH Day: •            breaks th...

Author: Anjani Panchal | Date: 08-June-2022.      Life loses half its interest if there is no struggle — if there are no risks to be taken.”  – Netaji Subhash Chandra Bose Our nation has had various influential people whom we often forget to acknowledge. Notable personalities like Mahatma Gandhi, Chandrashekhar Azad, etc are the light of our eyes and due to their sacrifice, we can breathe the happy air of independence.  We all hear stories about freedom struggles in India’s history but there are very few people who end up getting inspired to follow in their footsteps.  Arav Bhardwaj has raised the bar. His little feet cannot be stopped! He cycled 2600 km in just 32 days from the two most historically significant locations of India’s Freedom struggle. With sheer determination, he, along with his father Dr. Atul Bhardwaj embarked on this journey to pay their respects on the twin occasion of the 125th Birth Anniversary of Netaji Subhash Chandra Bose and the 75...

Author: CS Pradeep Kumar Parakh | Date: 19-May-2022.                                                            Background: When the Corporate Social Responsibility (‘CSR’) concept was introduced in India in 2013, it was intended to be a voluntary exercise and corporates were expected to maximise their contributions for social causes to create a niche in the market with inherent benefit of effective brand building. However, in the past, it has been observed that the CSR funds were not being channelized in their true spirit by certain organisations and resultant abuse of the CSR provisions. The Government of India has been pushing Indian corporates to conduct their businesses with greater transparency, curtail abuse, reinforce governance and provide comprehensive reporting of their activities. Of late, a number of changes in the CSR provisi...