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Panel set up to rework CSR norms, social audit likely

  • Posted byBSE Sammaan
  • AtSep 28, 2018
  • LocationIndia

New Delhi: Companies will do well to brace for an audit of how they spend a part of their profits on corporate social responsibility (CSR) projects and the result it yields.

New Delhi: Companies will do well to brace for an audit of how they spend a part of their profits on corporate social responsibility (CSR) projects and the result it yields.

The government has set up an 11-member panel led by Injeti Srinivas, secretary in the corporate affairs ministry, to prepare a new policy framework on CSR. The committee will review the existing CSR regime, the results achieved so far and recommend how to make it more effective.

To read more: https://www.livemint.com/Politics/SX1osZPAOYLJZSTiR179UM/Panel-set-up-to-rework-CSR-norms-social-audit-likely.html