Haryana’s 1st CSR summit begins today in Gurugram
TNN | Nov 12, 2018, 06:15 IST
Representative imageGURUGRAM: Haryana will host its first corporate social responsibility (CSR) summit at the Power Grid auditorium in Sector 29 on Monday, where chief minister Manohar Lal Khattar will launch an online portal for the CSR unit. The state government will felicitate the five corporates, three public sector units (PSUs) and three districts for outstanding performance.
Corporates and PSUs will disclose plans to invest their CSR funds in the state and sign memoranda of understanding (MoU).
The government will set up a CSR advisory board chaired by the CM, to review and guide corporates on how to utilise their CSR funds. It will encourage collaboration between CSR stakeholders in businesses, government and civil society. Corporates are expected to commit over Rs 100 crore as CSR investment in Haryana. Around 2% of this fund will be utilised on administrative expenses of the CSR advisory board.
The board would identify key areas or sectors that can be offered for CSR, identify projects in sectors such as public health or hygiene, primary education, primary health and access to clean drinking water, for allocation of funds, and approve any CSR project that involves investment beyond Rs 10 crore, while projects with investment up to Rs 10 crore will be approved by the administrative secretary, department of industries and commerce.
On Sunday, Devender Singh, additional chief secretary, Haryana and director, industries and commerce department, signed an MoU with a private company to develop the online portal for Haryana’s CSR unit, to be launched by the CM on Monday. The company will provide designing, development, security check, technical support for users, technological upgrade, etc, free for three years.
Several other MoUs are expected to be signed today, including those between Gurugram University and Indian Institute of Corporate Affairs (IICA), between Digital Haryana Cell and Hero Motocorp to promote e-governance initiative and between IICA and department of industries and commerce.
Corporates and PSUs will disclose plans to invest their CSR funds in the state and sign memoranda of understanding (MoU).
The government will set up a CSR advisory board chaired by the CM, to review and guide corporates on how to utilise their CSR funds. It will encourage collaboration between CSR stakeholders in businesses, government and civil society. Corporates are expected to commit over Rs 100 crore as CSR investment in Haryana. Around 2% of this fund will be utilised on administrative expenses of the CSR advisory board.
The board would identify key areas or sectors that can be offered for CSR, identify projects in sectors such as public health or hygiene, primary education, primary health and access to clean drinking water, for allocation of funds, and approve any CSR project that involves investment beyond Rs 10 crore, while projects with investment up to Rs 10 crore will be approved by the administrative secretary, department of industries and commerce.
On Sunday, Devender Singh, additional chief secretary, Haryana and director, industries and commerce department, signed an MoU with a private company to develop the online portal for Haryana’s CSR unit, to be launched by the CM on Monday. The company will provide designing, development, security check, technical support for users, technological upgrade, etc, free for three years.
Several other MoUs are expected to be signed today, including those between Gurugram University and Indian Institute of Corporate Affairs (IICA), between Digital Haryana Cell and Hero Motocorp to promote e-governance initiative and between IICA and department of industries and commerce.
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