Raj K Pathak

Connecting Entrepreneurs with Information,Knowledge & Networking

Rs 20,000 Crore CSR Opportunity

April 30th, 2015

President of India Shri Pranab Mukherjee inaugurated the CII National CSR Summit

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Plenary Session with eminent panelists

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4 Secretaries of Central Govt at post lunch panel discussion on CSR.

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CII National CSR Summit had very knowledgeable sessions  and provided good opportunity to learn and network, too.
Some take away’s:

- CSR is considered to be a Rs 20,000 Crore opportunity.
-NGO’s , Govt, Corporates, Experts are partners and not agonists.
-NGO’s keen to attract funding under CSR funds should get themselves rated through agencies such as CRISIL.
-NGO’s need to perform to get money and should be willing for ” Measurement Reviews & Impact Assessment”.
-CSR Funds are for “Not to Profit” organisations only.
-Social Entrepreneurs being “For Profit” entities, are presently NOT covered under CSR Funds.
-2500 ITI’s available for Corporates to adopt under PPP model/CSR.
-Skill Development & Entrepreneurship Policy about to be announced and put up for public response/suggestions.
-DISHA -National Literacy Mission & ‘IT for Jobs” by DIT are attractive opportunities for Corporates/ NGO’s to work.
-Corporates should look at NGO’s as partners in development and not merely as vendors.
-NGO’s lack-project management skills, Business Strategy & Implementation strategy.
-Money spent on social agenda should be well spent and misuse of same should be penalised.
-New form of capitalism is now the reality of global economy ie socially responsible capitalists.