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CSR as compulsion

The parliamentary standing committee on finance was tasked to examine the changes proposed by The Companies Bill, 2009. The committee made various recommendations, one of which relates to mandatory corporate social responsibility by companies. Stemming from a concern for a comprehensive CSR policy, the committee’s report states that the bill  may now include a mandatory … Continue reading

Coercive social responsibility

The Parliamentary Standing Committee on Finance has proposed mandatory corporate social responsibility (CSR) by companies as part of changes to the Companies Bill, 2009. It says every company having a net worth of 500 crore or more, or a turnover of 1,000 crore or more, or a net profit of 5 crore or more, during … Continue reading

Lobbying as a buffer

Lobbying and the individuals, some self-professed and others who have famously or notoriously earned the title of lobbyists, have recently been scorned at in India. Their existence appears to have astonished some. Their role in civil society and administration has been questioned by others. And their purported influence on the government machinery has left many … Continue reading