The 2013 Companies Act has brought a mixed bag of results: it has structured and regulated CSR in India, but also increased the hurdles businesses must clear, as well as the social and monetary costs for companies.
Courtesy: Claude TRUONG-NGOC
The elections in Myanmar finally come to a close with Suu Kyi-led NLD’s landslide victory. The military establishment has accepted defeat. Suu Kyi, who can't be the president, has made it clear that she would be 'above the president'. How should India read Myanmar now and act to safeguard its interests?
The Ministry of Corporate Affairs’ notice last year directing companies to partner with NGOs for their CSR efforts requires companies to choose partners carefully, while NGOs must focus on monitoring and other requirements—so both sides are trying to address gaps and work with each other’s strengths
Courtesy:
Gateway House's Manjeet Kripalani is on a five-day trip to North Bihar to observe the penultimate days of the election campaigning. She will send a daily diary, in pictures or words, while traversing Bihar; on its progress and its aspirations. And why Bihar is so important to India.
The lack of effective punishment for companies that fail to meet the 2% CSR requirement is the most notable lacuna in the Indian Companies Act of 2013. At the same time, mandatory CSR is not a replacement for state social spending, which is a key ingredient for the success of developing nations.
Courtesy:
Turkey's Ambassador to India Dr. Burak Akçapar's opening statement for T20 Mumbai was about the progress of the G20 under Turkey's presidency and G20's growing responsibility to the world. An abridged version of this speech was delivered by Erdal Sabri Ergen at the T20 Mumbai regional consultation meeting on 19 October
Courtesy: Wikipedia
On 1 October 2015, India submitted its INDCs to the UN. The ambitious goals set by the Narendra Modi government have no doubt silenced its critics. However, to achieve these lofty goals, India needs a paradigm shift in the kinds of business and development models it encourages.
Courtesy: MEA / Flickr
Attaining higher GDP remains primary economic policy across the globe. However, the answer to achieving Sustainable Development Goals lies not in the crudity of economic numbers but in a holistic measure of both economic dynamism and social-environmental well-being.
Courtesy: Wikipedia
On 14 September, a UN General Assembly resolution called for reform of the Security Council (SC). But when the world is in turmoil and alternative multilateral institutions are emerging, this may be a case of too little being done too late. It is imperative now for the SC to include India, Brazil, Germany, and Japan and adapt to a rapidly evolving world.
Courtesy: Jürgen / Flickr
In Germany in June 2015, G7 countries made major commitments towards decarbonisation and reduction in greenhouse gases, which will lead to binding decisions at the COP-21 conference in Paris in December. Germany pushed for these outcomes, and as one of the most energy efficient countries in the world its technology and expertise can help India’s targets of alternative energy and sustainable industry.