A 3-Day CSR Fair is organized by the Department of Public Enterprises, Ministry of Heavy Industries and Public Enterprises, PHD Chamber in collaboration with ONGC. The CSR Fair was inaugurated today by Shri Anant G. Geete, Union Minister of Heavy Industries and Public Enterprises at Pragati Maidan, New Delhi. The main objective of the fair is to provide a platform to all the stakeholders including Central Ministries/Departments, CPSEs/State PSUs, Private Companies, NGOs/Foundations etc. to showcase their CSR activities and share their best practices. This is a great networking opportunity to connect with other stakeholders.
Dr. Madhukar Gupta, Additional Secretary in the Department of Public Enterprises conveyed the significance of the event in this welcome address and appreciated the overwhelming response of the participants. Union Minister Shri Anant Geete exhorted upon the CPSEs to focus on core areas of social sector especially the Swachtha Abhiyaan, Education and Drinking Water on priority basis. He referred to the Prime Minister initiative’s of Skill India, Digital India and Make in India and made a fervent appeal to the CPSEs heads to follow the guidelines chalked out by the DPE in this regard.
He said, though the amendments carried out in the Companies Act, 2013 making it mandatory for the establishments to incur 2 percent spending on CSR activities from their profit, be it in private sector or the CPSEs, still a voluntary approach and mind set in this regard is capable of bringing sea changes. Shri Geete said there is no dearth of either funds or resources in our country and hence the CSR activities should be oriented in this direction amicably. Minister of State in the Heavy Industries and Public Enterprises Shri Babul Supriyo lauded the role of CPSEs in fostering the CSR measures satisfactorily.
Highlights of the event:
- Three days of dedicated information packed sessions on CSR
- Never before opportunity to meet Who’s Who of CSR
- Personalized solutions from CSR experts
- Innovative case study presentations of successful CSR interventions by the leaders
- Side Events: Exhibition by all stakeholders, including Central Ministries/Departments, CPSEs/State PSUs, Private Companies, NGOs/Foundations etc.
- Launch of CSR Compendium, it will be an exhaustive review of success stories of CSR initiatives of CPSEs/State PSUs, Private Companies, NGOs/Foundations etc.
What you can look forward to at the CSR Fair
The fair will showcase success stories of creative and innovative CSR interventions and the stake holders will also be sensitized about leveraging CSR for competitive advantage. The purpose is to disseminate key information on Section 135 and Schedule VII of the Companies Act as well as the provisions of the Companies (Corporate Social Responsibility Policy) Rules, 2014 (CRS Rules) for an operational and comprehensive understanding in addition to the reporting for disclosure of CSR activities and performance.
Who should attend the CSR Fair
The agenda of CSR fair includes:
- Business leaders and Directors of Companies to gain valuable insights into emerging trends and issues concerning CSR
- CSR Heads, CSR Committee members seeking creative and innovative ideas for CSR planning
- Compliance managers who wish to seek solutions and advise relating to CSR
- Civil society groups, development sector organizations to explore partnership opportunities with industries
- Development sector organizations seeking like-minded corporate houses for CSR projects and collaboration
- Social entrepreneurs for mutually enriching networking and partnerships
- CSR consultants for networking and partnerships
- Academicians, researchers, implementing agencies and other stakeholders.
(This article is an adaptation of Press Releases shared by the Govt of India.)