CSR: It’s a Law in India

While writing this article today I feel proud to be an Indian. As the business world is growing on a rapid rate each and every one just wants to make profits no matter for this even if they affect the environment. But India being a land of ethics is the first country which has made corporate social responsibility and made it mandatory for the companies to give 2% of their net profits for a noble cause.

A new set of law of approx 294 pages has made it mandatory for the firms to make a CSR board committee which will make sure that on the end of every financial year a company invests 2% of its total net profit for a charitable cause.  According to a study taken By Economic times they found that about 8000 companies in India meet there net profits as per the criteria made by the Indian government under this law. Companies like TATA, Wipro and Reliance are actively working for big noble causes under this act.

Click here for government certification in Management