India is the first country in the world to make corporate social responsibility (CSR) mandatory, following an amendment to the Companies Act, 2013 in April 2014. Businesses can invest their profits in areas such as education, poverty, gender equality, and hunger as part of any CSR compliance.
CSR is the procedure for assessing an organization’s impact on society and evaluating their responsibilities. It begins with an assessment of the following aspects of each business:Customers Suppliers Environment Communities and Employees
The most effective CSR plans ensure that while organizations comply with legislation, their investments also respect the growth and development of marginalized communities and the environment. CSR should also be sustainable â€“ involving activities that an organization can uphold without negatively affecting their business goals.
Companies now have specific departments and teams that develop specific policies, strategies, and goals for their CSR programs and set separate budgets to support them.
Various CSR Activities at Niveda Foundation
Specific Projects under the banner of the Corporate
Donation of Stationeries, Furniture or any other items for the beneficiaries
Sponsorships and Scholarships