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Showing posts with the label Corporate Social Responsibility

True Equality at the Workplace Requires Disability Rights as Core CSR: Supreme Court

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Background of the Case In a landmark judgment reinforcing disability inclusion in public employment, the Supreme Court of India directed Coal India Limited (CIL) , a public sector undertaking, to create a supernumerary post and appoint a woman with 57% disability as a Management Trainee . The ruling arose from a recruitment process initiated by Coal India in 2019 , under which the petitioner applied for the post of Management Trainee in the visually handicapped category . Despite being shortlisted , called for document verification , and subjected to a medical examination , she was later declared medically unfit on the ground that she suffered from an additional neurological condition . Proceedings Before the Calcutta High Court Aggrieved by the rejection, the petitioner approached the Calcutta High Court . Single Judge Decision A single judge ruled in her favour, holding that: Coal India, being a public sector corporation , could not deny appointment merely because its recruitment...

Linking CSR to Heritage Revival: Legal Options and Constraints

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Introduction India’s rich built heritage—palaces, forts, colonial mansions, temples, ghats—is under serious stress from neglect, institutional fragmentation and inadequate funding. As you outline, public-private partnerships (PPPs) and adaptive reuse have emerged as a possible route to reviving this heritage. The question arises: can the government mandate that eligible companies direct their statutory CSR (Corporate Social Responsibility) obligations under the Companies Act 2013 towards heritage revival projects? This article examines the statutory CSR regime, constitutional and jurisprudential constraints, and the feasibility of directing CSR funds specifically to heritage preservation. The CSR Regime in India – Statute and Rules Applicability and key features Under section 135(1) of the Companies Act 2013, every company which, in the preceding financial year, satisfies any of the following criteria must comply with CSR obligations: net worth of ₹500 crore or more, or turnover ...

SMFG India Credit Wins Golden Peacock Award for Corporate Social Responsibility 2024

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SMFG India Credit Wins Golden Peacock Award for Corporate Social Responsibility 2024 SMFG India Credit has been honored with the prestigious Golden Peacock Award for Corporate Social Responsibility (CSR) 2024 . This award recognizes organizations that have successfully integrated social and environmental concerns into their business strategy while achieving economic goals. The award was received by Swaminathan Subramanian, Chief Operating Officer , along with the CSR team at SMFG India Credit , for their outstanding contributions to community development . SMFG India Credit’s Commitment to CSR Over the past three years, SMFG India Credit has rolled out several impactful CSR initiatives aimed at empowering communities and promoting sustainability . These include: 🌱 Financial Literacy Programs – Educating underserved communities on financial planning and credit access . 📚 Skill Development Training – Equipping youth with vocational skills for employment. 🏥 Primary Health...