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.
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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