ELEVATE Strategic Partner webinar: India’s CSR Law
India’s CSR Law – regulatory updates and effective corporate social investment
In 2014, India made corporate spending on CSR activities mandatory when the Companies Act, 2013 came into effect. In July this year, the Companies (Amendment) Act, 2019 introduced stricter compliance provisions but critical voices continue to question the effectiveness of corporate giving in addressing India’s prevailing and pressing social challenges.
The Companies (Amendment) Act, 2019 is imposing stricter penalties, and it includes new procedures for unspent amounts previously allocated for CSR activities, and extends mandatory CSR expenditures to include research funding.
This webinar, sponsored by the ELEVATE Strategic Partner (ESP) Program, and presented by Give2Asia and ActionAid also sheds light on the challenges related to corporate compliance with mandatory provisions and how to go beyond compliance to achieve effective results and social impact.
This webinar is part of the ELEVATE Strategic Partner Community Investment Workstream.