MCA issues Report of the High Level Committee on Corporate Social Responsibility 2018

MCA issues Report of the High Level Committee on Corporate Social Responsibility 2018

August 19, 2019 CORP, Industries, states 0

The Ministry of Corporate Affairs has issued a Report of the High Level Committee on Corporate Social Responsibility 2018 (“Committee”) on August, 2019.

The Committee was constituted to review the existing framework and formulate a roadmap for future implementation. Following are the points that the Committee considered in the Report:

  1. To review the CSR framework as per the provisions of law and various Circulars issued from time to time;
  2. To recommend guidelines for enforcement of CSR provisions;
  3. To suggest measures for adequate monitoring and evaluation of CSR by companies;
  4. To examine and recommend audit (financial and social) for CSR, as well as, analyse outcomes of CSR activities/programmes/projects;
  5. Any other matter incidental / connected thereto.

Source : Ministry of Corporate Affairs

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