India's New Companies Act to catalyse CSR in large companies

India mandates CSR spending through a statutory provision under the Companies Act 2013 and expects an annual spending of $3000 Million Dollars by corporate India. It will be interesting to see if this combination of legal prescription and open market will achieve its desired outcome: to increase CSR among the business community in India.

Manisha Dahad of World Changers spoke at the Institute Of Directors, India's flagship event, the 8th International Conference on Corporate Social Responsibility on 17 - 18 January 2014, Bengaluru, India. The theme of the Conference is "Strategy to Leverage CSR for Competitive Advantage". Details are available at www.iodonline.com