The Parliament approved new Companies Bill, which mandates that companies of a certain size spend 2% of their three - year average annual profit towards corporate social responsibility (CSR), is a landmark one as it makes India among the first nations to have social welfare spending as part of company statute by law.

Making the most of corporate social responsibility: Smart partnering can provide a practical way forward.

CSR is a creative opportunity to fundamentally strengthen business while contributing to society at the same time. The big challenge for companies and NGOs is how to develop an approach that can truly deliver for both.

Smart partnering is emerging as a way to create value for both the business and society simultaneously. Smart partnering focuses on key areas of impact between business and society and develops creative solutions that draw on the complementary capabilities of both to address major challenges that affect each partner.

Read the handbook launched by PricewaterhouseCoopers for an understanding of CSR

The handbook builds a common understanding of the concept of CSR, based on global practices, Indian tradition, and the intent and provisions of the Companies Act, 2013. It highlights important aspects of Clause 135 of the Companies Act, 2013 and its implications on companies. A major part of the handbook focuses on the 'what' and 'how' of strategising, planning, executing and monitoring these CSR activities.

You can download a copy of the handbook from their website: 
www.pwc.in/en_IN/in/assets/pdfs/publications/2013/handbook-on-corporate-social-responsibility-in-india.pdf

SARDA Under Corporate Social Responsibility support of ONGC limited is implementing various projects in Jharkhand ,to alleviate rural poverty by promotion of the people of rural areas.Our approach mainly focuses on sustainable integrated development through patnership and formation of SHG to create self employment opportunities to men & women. Project which are demand driven,ensures communities participation & engagement and contribute towards SDG are being taken up Under the CSR Project.In the FY 2016-17 SARDA implemented 2 different Projects Under the CSR support of ONGC,which are listed below:

1. Livelihood promotion among women through oyster mushroom production in Kujju village of Ramgarh District(Jharkhand). The project amis to generate     livelihood for 100 women, who are landless in Kujju village off Ramgarh District(Jharkhand), to be clubbed together in 20 JAGs.

        Impact

• 20 Joint Activity Groups each consisting of 5 women has been formed.
  
• All 100 beneficiaries are trained on mushroom production with theory and practical exposure.
• Each JAGs has been provided the hand holding support, supply of speed, and technical support in the development of Mushroom Shed.
• On an avg. of 150 kg mushroom has been produced by these 20 JAGs earning upto Rs. 3000000, by selling in nearby market.
• Average monthly income of these 20 JAGs members have increased by 1000 to 1500.
• Huge Demand of the Mushroom Production is been observed in the area.

2. Institutionalized Livelihood Promotion among women through promotion of SHGs and Goatery in Deoghara village of Dhanbad District, Jharkhand. The project is proposed to benefit approx 110 women of Deoghara village.

impact

• 10 SHG each consisting of 10 women has been formed.
  
• All 100 beneficiries have received training on basic leadership, accounting and Goat Rearing.
• Each SHGs has been provided the hand holding support,veterinary services,supply of feed,supply of goat, and technical support in the development of Shed.

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