The passage of the Companies Act is seen as a step forward in ensuring that business contributes to equitable and sustainable economic development. However, there is a critical knowledge gap in identifying socially relevant projects as also the executing agency, resulting in CSR spending channelized for projects that are piecemeal, less impactful as also resulting in duplication of efforts (due to lack of convergence with the existing Courses and schemes). Also, in an effort to meet the spending obligations, the organisations/companies may not do the right due diligence to select highimpact CSR interventions. There is also a critical need to effectively quantify the impact of the CSR interventions, using the latest techniques. Designing high impact CSR initiatives in line with the legislative framework and policy guidelines as well as practical understanding of the evaluation strategies for high impact CSR are the core take aways from the programme.
Centre for Excellence in Management of Land Acquisition and R & R (CMLARR)
Administrative Staff College of India
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