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Anurag Thakur urges firms to take up CSR work 

Hindustan , Jul 27, 2020

Minister of State for Finance Anurag Thakur said on Monday that the industry should not have any hesitation about the expenditure of Corporate Social Responsibility (CSR) fund. He said that this will help in making the country a better place for the present and the next generation. Thakur, who is also handling the affairs of corporate affairs, also said that the government has made several changes to remove some provisions of the CSR Act from criminal category. Without naming anyone, he said that a multinational company had not spent even close to 500 crores in the last two years under CSR activities. He was then issued a notice. After that she was 'happy' spending money on this item. But now when the government has removed certain provisions from the category of criminal error, it is again shying away from spending that amount.

"On one hand we help companies so that they do not have to face criminal provisions but on the other hand if the company leaves crores, earns billions," he said in a 'webinar' (seminar conducted on the Internet) on CSR of Udyog Mandal FICCI. So why doesn't she want to spend a part of it on CSR activities, on Indians. "That is why the government was forced to add such streams in CSR at that time. That is why I urge all of you that we have a responsibility towards the country, a responsibility towards the people and I am sure that you will continue with the generous contribution that all of you have made and bring more people out of poverty and India Will make better place for existing and next generation.

The Minister urged the industry to stop pollution of rivers and create more awareness and help the government in the campaign against Corona virus. He said that pollution levels in rivers like Yamuna and Ganga have come down after 'lockdown'. This proves that the main cause of pollution is industry. Thakur said that this is a sign from nature. Therefore, the focus should not only be on profits but also on the contribution of society in various ways.

 

 

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Event:

 18th FICCI - CSR Awards Presentation Ceremony