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Top Best CSR Projects in India
As part of their CSR initiatives, many firms today are participating in a great deal of social work. Continue reading to learn about some of the top CSR projects that corporations are implementing in India.
CSR projects
A company’s image and brand are swiftly strengthened and built when it is socially responsible. The New Companies Act of 2013 requires companies to contribute 2% of their profits to corporate social responsibility. This is to address societal concerns while also highlighting the positive influence on the lives of the poor and disadvantaged, allowing them to live productive and dignified lives.
Schedule VII I under encouraging health care, particularly preventative health care, includes provisions for aids and equipment for differently abled people. There are numerous firms on the internet that provide various choices for submitting your CSR news.
CSR projects in India
The concept of corporate social responsibility (CSR) is gaining traction. It will become a unique knowledge base for analysing and attaining sustainability goals among diverse global economies in the next years.
As a result, India is a country that has ensured CSR through legislative action. Companies with a net worth of Rs. 500 crores or a turnover of Rs. 1,000 crores in a financial year must spend 2% of their average profits over the previous three years, according to Section 135 of the Companies Act, 2013.
What is CSR Funding ?
Corporate Social Responsibility is one of the fundraising and grant methods via which Non-Profit Organizations can obtain financial and other assistance from the corporate sector. The CSR clause is only applicable to enterprises with a net value of rupees five crores or more during any financial year, according to the Companies Act.
The monies allocated for Corporate Social Responsibility (CSR) are primarily for social development concerns that aid in improving the living conditions of economically poor and disadvantaged persons in society so that they can live productive and dignified lives.
As a result, the Act’s programmes include social welfare programmes as well as activities such as encouraging health, water, education, the environment, child welfare, social empowerment, job creation, vocation skills for youth and women, and livelihood enhancement projects for differently-abled persons.
Best CSR projects in India
• 1 Reliance Industries Ltd
Reliance Industries Limited is an Indian multinational enterprise with headquarters in Mumbai. RIL’s diverse activities include energy, petrochemicals, natural gas, retail, telecommunications, mass media, and textiles.
Reliance has long promoted education and skill development as cornerstones of a progressive society. It has always offered pupils with a high-quality education.
Reliance assists in the provision of quality education, skill upgrading, and training in order to improve the quality of life and livelihood. The company’s major goal is to promote basic and secondary education, support higher education, improve vocation skills, and enable higher education through scholarships by establishing and assisting universities, as well as skill development through vocational training.
•INR 215 crore was spent.
•Location: Throughout India
•Implementation Reliance Foundation is a non-profit organisation that works to improve the lives of people
1.1 Dhirubhai Ambani Scholarship Programme
This Dhirubhai Ambani Scholarship Program is dedicated to achieving late Shri Dhirubhai Ambani’s objective of providing opportunity to young and empowering them to become future leaders.
1.2 Reliance Dhirubhai Ambai Protsaham Scheme
This programme primarily assists financially disadvantaged students as well as meritorious class X graduates.
1.3 Education for specially-abled children
It has established an Early Intervention and Rehabilitation Centre in Andhra Pradesh to help children with hearing and speech impairments develop more quickly.
Estimated Impact: Scholarships were awarded to 687 deserving students so that they could continue their education. Six ‘Education for All’ NGOs provided a decent education to 85 thousand pupils. As a result, children from underserved neighbourhoods were given the opportunity to receive a better education and enhance their skills.
2 Wipro Limited
Wipro Limited, headquartered in Bangalore, Karnataka, India, is an Indian multinational conglomerate. FMCG, lighting, information technology, and consultancy are among the company’s numerous operations. According to the Fortune India 500, it is the 29th largest Indian firm in terms of total sales.
•Details on the project: Education and community
•INR 108.13 crore was spent.
•Location: Throughout India
The Wipro Academy of Software Excellence programme, which is administered in partnership with the Birla Institute of Technology and Science in Pilani, India, aids science graduates in pursuing their master’s degree in Software Engineering.
It’s a one-of-a-kind curriculum that combines careful academic exposure with on-the-job professional development. Wipro has assisted over 25000 students who have graduated from the WISTA and WASE programmes with an MS degree in Software Engineering.
Mission10X is a Wipro Company non-profit effort that began on September 5, 2007, with the goal of improving the employability skills of engineering students by increasing the capacity of engineering education infrastructure.
As a result, Wipro’s engagement has grown to include 2,000 schools, 1,500 institutions, and 2,200 teachers in 45 districts across 21 states.
3 Bajaj Auto Limited
Bajaj Auto Limited, headquartered in Pune, Maharashtra, is an Indian multinational two- and three-wheeler manufacturer. It is a motorcycle, scooter, and auto rickshaw manufacturer. The Bajaj Group includes Bajaj Auto. Jamnalal Bajaj founded it in Rajasthan in the 1940s.
•Details on the project: Invests in the •infrastructure of educational institutions.
•75.84 crores of Indian rupees were spent.
Maharashtra is a state in India.
Bajaj Auto has used a portion of its corporate social responsibility funding to upgrade and create educational facilities. Bajaj Auto has participated in more than 20 educational initiatives.
The following are some of the most important activities:
•Construction of Mechanical Engineering Up-gradation.
•The building of the Pune Public School has been expanded by eight classrooms.
•The administration building was built for Nagpur University.
•Schools in the PCMC district of Pune have been refurbished.
•The building at Aurangabad Police Public School was designed to house a school, a research laboratory, and a library.
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Published: Jan 19, 2022
Latest Revision: Jan 19, 2022
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