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CSR

Why Are India’s Rich Reluctant Givers?

A sudden surge in wealth because of stock market gains after the pandemic could be one of the factors behind the relatively lower share of philanthropy in total wealth. Those worth Rs 50,000 crore (Rs 500 billion) or more gave away 0.09…

Social audit of CSR spend may become must

The government plans to make it mandatory for companies to conduct social auditing of their corporate social responsibility (CSR) spending as part of an initiative to further tighten the CSR norms in the country. Officials in the Ministry…