Slum redevelopment a CSR activity: Ministry of corporate affairs

LUBNA KABLY, TNN | Jun 26, 2014, 12.26AM IST
MUMBAI: Slum-redevelopment, road safety awareness and consumer protection services will be treated as Corporate Social Responsibility (CSR) activities, according to clarifications issued by the ministry of corporate affairs in response to queries from stakeholders.

BJP’s election manifesto had promised to usher in a low-cost housing policy that would ensure every family in India a home by 2022. The ministry, in a circular, has clarified that slum-redevelopment or housing for economically weaker sections could be covered under the eligible CSR category of ‘measures taken for reducing inequalities faced by socially and economically backward groups’.

Read more at: http://timesofindia.indiatimes.com/business/india-business/Slum-redevelopment-a-CSR-activity-Ministry-of-corporate-affairs/articleshow/37207352.cms

Advertisements

One thought on “Slum redevelopment a CSR activity: Ministry of corporate affairs

  1. Foundation of India July 14, 2014 at 9:53 am Reply

    Its so nice how CSR activities has been made mandatory, its a very good step on part of the Government. I was looking for a few articles on CSR activities in India and I came across yours inspiring read.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: