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प्रश्न
Discuss the guidelines enumerated by the Companies Act 2013 for Corporate Social Responsibility.
उत्तर
Corporate social responsibility in general refers to the responsibilities and duties of the businesses towards the society. The Corporate Social Responsibility in India as governed by the Companies Act, 2013 (under Clause 135) applies to those companies which have an annual turnover of Rs. 1,000 crore and more, or those having a net worth of Rs. 500 crore and more, or a net profit of Rs. 5 crore and more.
The meaning of CSR as per Companies Act, 2013 can be understood with the help of the following guidelines:
1. The companies are required to setup a committee for Corporate Social Responsibility consisting of 3 or more board members of the company, including at least one independent director.
2. The companies should spend at least 2% of their average net profits made during 3 immediately preceding financial years, in regards with the Corporate Social Responsibility Policy.
3. In India, only those CSR activities should be taken by the company which are a part of Corporate Social Responsibility Policy as formed on the recommendations of Corporate Social Responsibility Committee.
4. The activities which a company may undertake under CSR, should be according to those as specified under Schedule VII of the Act.
5. The activities which are exclusively meant for employees of the organisation or their family members will not be considered as a part of CSR.
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संबंधित प्रश्न
Any ‘five cases’ (needs) of social responsibilities of business.
Choose the correct option for the following:
Business people have the skills to solve
State the meaning of Corporate Social Responsibility as per the Companies Act 2013.
Build up argument for and against social responsibilities.
Give one word/phrase/term for the following sentence.
Name the philosophy related to social responsibility propounded by Mahatma Gandhi.
The media does not play important role in public life.
Social responsibility is broader than ______ responsibility.
______ should be fixed according to the nature and importance of work.
What is corporate social responsibility?
Define the concept of social responsibility.
Select the correct option.
(responsibilities towards shareholders, responsibilities towards consumers, responsibilities towards government, responsibilities towards society, responsibilities towards owners)
| Group A | Group B |
| A. After Sales Service | _______________ |
| B. ______________ | timely payment of taxes |
| C. protest anti-social activities | _______________ |
| D. fair practices on stock exchange | _______________ |
| E. _____________ | Reasonable profit |
Choose the Correct Answer.
Which type of Responsibility gives the benefit to the Society out of its profits earned?
Define the Concept of Social Responsibility?
Enumerate the points relating to why business units are Socially Responsible?
Explain in detail the concept and need for Social Responsibility?
Legal responsibility is broader than the social responsibility of business.
Justify the following statement.
Social responsibility is necessary for the protection of the environment.
Explain the following term/concept in detail:
Globalisation
