It has been four years since the provision of CSR was introduced in the Companies Act,2013. Since then, the trend in the CSR spend over the 4 years (sector-wise) has not changed much. Education and Healthcare are the two most preferred thematic areas which account for 61% of the CSR spend of companies. Education includes […]
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Companies in 2020 will find that they are dealing with a complex workforce of different generations with varied expectations and needs. Data shows that as of 2020, 50% of the working population in companies will be millennials (Gen Y). Deloitte did a survey to understand the wants of a millennial and the post-millenial Gen Z […]
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In the past, economies have benefited from technology. But these shifts occurred over decades. Today, the cumulative effect of technology is an exponentially accelerating progress through a driving force of technological and social change, productivity, and economic growth. Technological transformation and development are predicted to both significantly create as well displace jobs. Labour requirements and […]
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Of the estimated 4.5 billion people worldwide still unconnected to the Internet, 90% or over 4 billion are in the developing world. While more than three out of four people are online in the developed countries, one out of three is online in the developing world. Further, according to a 2014 report, developed countries have […]
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The economic policies of India since 1991 have been instrumental in creating a storm free climate for ushering rapid growth. However, this growth has not been able to reduce the socio economic disparities which were in existence and which, for the most part, have continued. In the last three decades, these disparities have attracted considerable […]
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A key milestone in India’s march towards Education for All was the adoption of the National Policy on Education 1986 (revised in 1992) followed by the implementation of Right of Children to Free and Compulsory Education (RTE) Act, 2009. The Act confers a right to all students, upto Class 8, irrespective of caste, creed or […]
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Cordial Greetings! This month we chose to write an editorial on “Connecting the CSR spend 2015-16 to the….Big Picture”. It covers the contributions of Corporates & PSU towards Education which forms part of the larger pool of money spent by the government, social returns on education, & the need to monitor the appropriate social […]
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Fellow citizens, why do you turn and scrap every stone to gather wealth, and take so little care of your children to whom one day must you relinquish it all – Socrates It may be trite to say that all-round development of our future citizens can be achieved by building a strong foundation in Education. […]
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India cannot achieve real development if a majority of its people live in unhealthy and unclean surroundings due to the lack of access to safe water and sanitation. Sanitation is one of the most crucial prerequisites in the growth and development of a nation. It is an inherent ingredient in ensuring the well being of […]
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India is the first country to introduce a requirement for companies to comply with Corporate Social Responsibility (CSR) laws effective 1st April 2014. The Financial Year 2014-15 was the first year for the companies to comply with the new CSR provisions. Having seen one year into the law here is an analysis of the mandates […]
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