TNPSC Thervupettagam

First National Corporate Social Responsibility Awards

October 31 , 2019 1660 days 822 0
  • President Ram Nath Kovind conferred the first National Corporate Social Responsibility Awards to the companies for their outstanding contribution in the area of Corporate Social Responsibility (CSR).
  • The Ministry of Corporate was commended for initiating National CSR Awards in the year of Gandhiji’s 150th birth anniversary.
  • The awards will be conferred every year on 2nd October.
CSR
  • The CSR provisions under the Companies Act, 2013 came into force from April 1, 2014.
  • Under the Companies Act, 2013, certain classes of profitable entities are required to spend at least two per cent of their three-year annual average net profit towards CSR activities in a financial year.

Leave a Reply

Your Comment is awaiting moderation.

Your email address will not be published. Required fields are marked *

Categories