#why csr is necessary for ngo

[vakilkarosblog]

Who is eligible for CSR funding?

Introduction: Corporate Social Responsibility (CSR) has become a pivotal aspect of business practices, emphasizing a company's commitment to contributing positively to society. CSR funding is a powerful tool that enables businesses to invest in social welfare projects and sustainable development initiatives. For Section 8 microfinance companies, eligibility for CSR funding is crucial for their growth and impact. In this article, we delve into the key aspects of who is eligible for CSR funding and its implications for Section 8 Microfinance Company Registration.

Who is eligible for CSR funding?

Companies Falling Under the CSR Mandate:

As per the Companies Act, 2013, certain companies are mandated to spend a portion of their profits on CSR activities. These companies include those with a net worth of rupees 500 crore or more, or a turnover of rupees 1,000 crore or more, or a net profit of rupees 5 crore or more during a financial year.

CSR Policy Compliance:

Eligibility for CSR funding is contingent upon the formulation and execution of a CSR policy by the concerned company. This policy should outline the areas of focus, the manner of implementation, and the monitoring process of CSR initiatives.

Registered Section 8 Companies:

Section 8 companies, including microfinance entities, are eligible for CSR funding if they comply with the prescribed regulations. Section 8 of the Companies Act pertains to non-profit organizations that are formed for promoting commerce, art, science, sports, education, research, social welfare, religion, charity, protection of the environment, or any other charitable objective.

Aligning with Schedule VII:

CSR activities must align with the activities specified in Schedule VII of the Companies Act. These include but are not limited to eradicating hunger, promoting education, ensuring environmental sustainability, and supporting healthcare initiatives.

Proactive Engagement and Impact Assessment:

Companies actively involved in CSR activities and demonstrating a positive impact are more likely to be eligible for funding. Regularly assessing the impact of CSR initiatives enhances the credibility of the company and its eligibility for continued funding.

Implications for Section 8 Microfinance Company Registration:

Enhanced Social Impact:

CSR funding enables Section 8 microfinance companies to extend their reach and impact within communities. This funding can support financial inclusion, livelihood enhancement, and empowerment of marginalized sections of society.

Compliance and Credibility:

For Section 8 microfinance companies aiming for CSR funding, adherence to regulations and the establishment of a robust CSR policy are critical. Compliance enhances the company's credibility and ensures a smoother registration process.

Diversification of Services:

CSR funding can empower Section 8 microfinance companies to diversify their services, offering a broader range of solutions to address the multifaceted challenges faced by their target communities.

Conclusion: Understanding the eligibility criteria for CSR funding is pivotal for Section 8 microfinance company Registration seeking to make a substantial impact on society. By aligning with regulatory requirements, formulating effective CSR policies, and showcasing tangible results, these companies can not only fulfill their social responsibilities but also strengthen their position in the realm of sustainable and socially responsible business practices.

[ammanannaanadhhaashramam]

Why Rural Employment is Necessary to Reduce the Number of Orphans

In many rural areas, poverty and unemployment are major causes of social issues, including orphanhood and mental illness. Families struggling to meet basic needs often face severe distress, leading to abandonment, migration, or mental health problems. At Amma Nanna Anada Ashramam, we witness firsthand how economic hardship pushes individuals to the streets, making it crucial to address the root causes. Strengthening rural employment can be a powerful solution to reducing orphanhood and improving mental well-being in society.

The Connection Between Poverty and Orphanhood

One of the primary reasons children and individuals with mental disabilities end up homeless is the lack of economic stability in rural families. When parents cannot earn a sustainable income, they face difficult choices—some are forced to leave their children in shelters, while others migrate in search of work, leaving their families behind. In extreme cases, financial instability leads to family breakdowns, increasing the number of orphans and abandoned individuals.

Mental Health Struggles in Rural Areas

Unemployment not only affects financial stability but also takes a toll on mental health. Many people in rural communities face anxiety, depression, and severe mental distress due to joblessness and poverty. Without access to proper healthcare and support, their condition worsens, often leading to neglect, homelessness, or institutionalization. Providing employment opportunities can significantly improve mental well-being, offering people a sense of purpose and dignity.

Also Read: We Will Get Old Too Why Caring for the Forgotten Matters

How Rural Employment Can Make a Difference

Financial Stability for Families : When parents have stable jobs, they can provide for their children’s education, healthcare, and overall well-being, reducing the chances of abandonment.

Reduced Migration and Family Separation : Employment opportunities in rural areas prevent forced migration, allowing families to stay together and support one another.

Better Mental Health Support : Economic independence can reduce stress and anxiety, decreasing the number of people who suffer from untreated mental illnesses.

Stronger Community Networks : Employment fosters social connections, reducing isolation and creating a support system for those in need.

Encouraging Sustainable Living:

 Jobs in agriculture, handicrafts, and small-scale industries provide long-term livelihoods, reducing dependency on external aid.

The Role of NGOs and Corporate Social Responsibility (CSR)

Organizations like Amma Nanna Anada Ashramam are working to support those affected by poverty and mental illness, but long-term change requires collective action. CSR initiatives can play a vital role by investing in skill development, vocational training, and rural job creation. When corporations collaborate with NGOs to build employment opportunities, they contribute to a society where fewer people are abandoned or forced into institutional care.

Conclusion

Rural employment is not just about providing jobs—it is about building a stable and supportive society where families can thrive. By addressing the root causes of orphanhood and mental illness through economic empowerment, we can create a future where fewer people are left without care. Amma Nanna Anada Ashramam continues to advocate for sustainable solutions, and with the support of individuals, businesses, and policymakers, we can make a real difference.

[niswass]

Top BA Social Work College in Odisha: Your Gateway to a Rewarding Career

If you want to contribute to social change and be able to make an impact on human lives, earning a BA in Social Work could be your decision. Odisha with its vibrant culture and excellence in education provides numerous institutions where students are imparted quality education in Social Work. To discover the top BA Social Work college in Odisha would allow you to create a sound platform for a fruitful professional life in this great field.

Why Choose a BA in Social Work?

A Bachelor of Arts (BA) in Social Work is a vocational course that seeks to prepare the student with requisite skills and understanding to tackle societal problems like poverty, education, health, and human rights. The degree has access to career opportunities in NGOs, government ministries, hospitals, rehabilitation centers, and corporate social responsibility (CSR) programs.

How to Choose the Best BA Social Work College in Odisha?

When searching for the top BA Social Work college in Odisha, consider the following factors:

Accreditation & Recognition – Ensure the college is affiliated with a reputed university and recognized by regulatory bodies.

Curriculum & Practical Training – A well-structured curriculum with internships and fieldwork is essential for practical learning.

Faculty & Infrastructure – Experienced faculty members and modern facilities enhance the learning experience.

Placement & Career Support – A strong placement cell helps students secure job opportunities in reputed organizations.

Top BA Social Work Colleges in Odisha

Several reputed institutions in Odisha offer BA in Social Work programs with excellent academic and practical exposure. Some of the top colleges include:

1. Utkal University, Bhubaneswar – Famous for its robust social sciences department and practical training modules.

2. Ravenshaw University, Cuttack – Provides well-organized BA Social Work course with experienced teachers.

3. Sambalpur University, Sambalpur – Offers a balanced curriculum and fieldwork training.

4. National Institute of Social Work and Social Sciences (NISWASS), Bhubaneswar – One of the topmost institutes for social work education in Odisha.

5. Fakir Mohan University, Balasore – For its quality of education and research activities in social work.

Career Opportunities After BA in Social Work

Graduates from the top BA Social Work colleges in Odisha can explore various career paths, such as:

Social Worker – Working in NGOs, government agencies, or CSR programs.

Healthcare Counselor – Assisting patients in hospitals, mental health clinics, and rehabilitation centers.

Community Development Officer – Engaging in rural and urban development projects.

Child Welfare Officer – Protecting children’s rights and providing necessary support.

Policy Analyst – Working with government organizations on social policies.

Conclusion

Selecting the best BA Social Work college in Odisha will have a profound influence on your professional life. Through proper education, training, and mentorship, you can give back to society and land a fulfilling profession. Research thoroughly, compare alternatives, and pick a college that suits your professional ambitions.

[makers-muse]

Is a STEM Lab in Kerala  Education System ?  the Missing Link ! 

Introduction: The Shift from Theoretical to Practical Learning 

For years, Kerala’s education system has been praised for its high literacy rate and strong academic performance. However, in today’s rapidly evolving job market, theoretical knowledge alone is no longer enough. The global workforce demands practical skills, problem-solving abilities, and technical expertise—all of which can be nurtured through STEM (Science, Technology, Engineering, and Mathematics) labs in schools. 

Imagine a student in Kerala reading about robotics in a textbook versus another student actually building and programming a robot in a well-equipped STEM lab. The latter isn’t just learning about technology; they’re actively developing critical thinking and hands-on skills. This is the missing link that could transform Kerala’s education landscape. 

Why Are STEM Labs in Kerala Essential for Schools?  

1. Bridging the Gap Between Education and Industry Needs 

Despite Kerala’s high literacy rate, many graduates struggle to find jobs in technology and engineering due to a lack of practical experience. With cities like Kochi and Thiruvananthapuram emerging as IT and tech hubs, introducing STEM labs will ensure students gain the necessary skills to compete globally. 

2. Encouraging Innovation and Research 

Kerala has been a hub for entrepreneurship and startups with initiatives like Startup Village and Maker Village. However, innovation should begin at the school level. STEM labs provide an environment where students can experiment, research, and develop solutions for real-world problems. 

3. Improving Kerala’s Performance in STEM-Based Competitions 

From robotics challenges and coding hackathons to AI and engineering contests, national and international competitions require hands-on learning. A STEM lab acts as a training ground, giving students the experience and confidence to excel. Studies show that students with access to STEM labs perform 30% better in STEM competitions. 

4. Preparing for the Future of Work 

According to the National Science Foundation, 80% of future jobs will require STEM skills. Emerging fields like AI, Data Science, IoT, and Robotics are shaping the future, and schools in Kerala must prepare students for these careers. 

5. Encouraging Women in STEM 

Although Kerala has a high female literacy rate, women are still underrepresented in STEM careers. Introducing STEM labs in schools can inspire more girls to pursue careers in science, technology, and engineering, breaking gender barriers in these fields. 

How STEM Labs in Kerala transform Student Learning 

A fully functional STEM lab provides access to: 

Robotics Kits – Students can design and program robots, improving their coding and engineering skills.  3D Printing & Prototyping – Allows students to create and test innovative product designs.  AI & Machine Learning Tools – Helps students explore real-world applications of artificial intelligence.  Electronics & Circuit Building – Hands-on experience with IoT, microcontrollers, and smart devices.  Virtual Reality (VR) & Augmented Reality (AR) – Enhances learning through interactive simulations. 

This approach makes learning engaging, interactive, and aligned with real-world applications. 

How Schools in Kerala Can Fund a STEM Lab 

Setting up a STEM lab requires investment in infrastructure, equipment, and training. However, several funding options are available: 

Government Grants – Programs like Atal Innovation Mission (AIM) under NITI Aayog provide financial support for Atal Tinkering Labs in schools. 

Corporate CSR Initiatives – IT and industrial firms in Kerala, such as Technopark-based companies, offer Corporate Social Responsibility (CSR) funding to promote STEM education. 

EdTech & NGO Partnerships – Schools can collaborate with EdTech startups and STEM education NGOs for cost-effective solutions and curriculum support. 

Alumni & Community Support – Many school alumni networks and local businesses are willing to sponsor STEM education initiatives. 

Bring a STEM Lab to Your School in Kerala Today! 

A STEM lab is not just a classroom addition—it’s a gateway to the future. To keep up with global education standards, Kerala’s schools must integrate hands-on STEM learning and equip students with skills that matter. 

Don’t let your students miss out on the next big opportunity!  Contact us today to explore funding, partnerships, and implementation strategies for a STEM lab in your school. 

[ngoregistrationservices]

Empowering Non-Profits with the LegalDost: NGO Registration Services

Non-Governmental Organizations (NGOs) are crucial for bringing about social change, offering important services, and solving problems in society. However, starting and running an NGO means figuring out a maze of legal rules and compliance processes. The LegalDost has custom solutions that make these tasks simpler, so you can stay focused on your goal to make a positive difference.

Why Choose the LegalDost for Your NGO Needs?

LegalDost can help you with all of your NGO registration and compliance requirements. We handle everything from Section 8 company registration to getting necessary permits such as Sec. 80G and Sec. 12A registration, as well as FCRA registration. Learn more about our services and why they are crucial to non-governmental organizations (NGOs) here.

Section 8 Company Registration

Section 8 of the Companies Act 2013, governs Section 8 companies, the ideal legal entity for non-governmental organizations (NGOs) with social, charitable, or non-profit goals. But what is a Section 8 company, and why do so many people like them?

Section 8 Company Meaning and Features:

The company operates without the goal of earning a profit.

The company invests surplus income back in its goals.

Exempt from some tax liabilities, which makes it an affordable option for NGOs.

Key Benefits:

Legal recognition and credibility.

You can qualify for government grants and CSR funding.

Who Can Form a Section 8 Company?

Anyone or any group with a charitable goal can start a company under Section 8. The LegalDost makes it easier by providing Section 8 Company Registration Online services that work smoothly.

Compliance and Maintenance:

A company registered under Section 8 has to follow specific rules once it is established. We at the LegalDost help you with the Section 8 Company Compliances, which keeps your business running smoothly.

Section 8 Company Registration Fees:

We offer services at reasonable prices that are clear and excellent value at every step. Look at the list of Section 8 Companies in India to get an idea of how these kinds of businesses affect people.

Sec.80G & Sec.12A Registration: Maximizing Tax Benefits

Tax exemptions can greatly improve an NGO's financial health. The LegalDost assists NGOs in getting Sec. 80G and Sec. 12A registration is mandatory to obtain tax advantages.

Sec. 12A Registration: This allows for a tax exemption on the income of the NGO.

Sec. 80G Registration: This registration allows donors to receive tax deductions, thereby increasing their likelihood of donating.

With our help, the registration process is quick and easy, so you can focus on growth and funding.

FCRA Registration: Unlocking International Opportunities

A major resource for many NGOs is international funding. For NGOs to legally receive foreign contributions, they must get FCRA registration. However, what is FCRA registration and why is it important?

Key Insights:

Mandatory for receiving foreign funds.

Enhances the organization’s credibility.

Our Services:

FCRA Registration Process: Comprehensive guidance on documentation and submission.

FCRA Online Registration: Easy filing from the convenience of your workplace.

FCRA Registration Fees and Renewal: Clear pricing information as well as prompt renewal support.

FCRA Registration Application Status: Keep track of the status of your application.

Why the LegalDost?

Our team makes sure compliance with all legal requirements by managing FCRA Registration Cancelled cases and ensuring smooth renewals.

Darpan Registration: Enhancing Transparency and Accountability

The government's Darpan Portal Registration project attempts to increase the transparency of non-governmental organisations. The LegalDost is here to assist you obtain the Darpan Registration Certificate, which is an important step in terms of:

Accessing government grants.

Building trust with stakeholders.

Our support includes:

Documentation assistance.

Help with the process of registering as an NGO on Darpan.

Obtaining your Darpan ID registration efficiently.

CSR-1 Filing

One of the main sources of funding for NGOs and CSR-1 is corporate funding. Accessing these funds necessitates filing. At LegalDost, we shorten the filing process to ensure that your NGO meets all qualifying standards for CSR collaborations.

NGO Registration: Your Gateway to Making an Impact

A registered non-governmental organization (NGO) is entitled to legal recognition, credibility, and funding opportunities. Our comprehensive NGO registration services encompass the following:

NGO Registration Process: Step-by-step assistance.

NGO Registration Online: Quick and convenient filing.

NGO Registration Fees: Affordable pricing.

NGO Registration Certificate: Making sure timely delivery.

Check NGO Registration Online: Verify your NGO’s status effortlessly.

Why the LegalDost Is Your Ideal Partner

For NGOs all around India, the LegalDost is the go-to partner because of its years of experience and client-focused philosophy. From registration to compliance, our services aim to help you in your journey toward social transformation.

Our Expertise Covers:

Register your company under Section 8.

Facilitating NGO FCRA Registration.

We are offering an easy-to-use NGO Darpan registration process.

Get Started Today!

The LegalDost focuses on streamlining the legal system for non-governmental groups. If you require assistance with FCRA registration procedure, Section 8 company registration fees, or NGO Darpan registration documents, we can be of assistance. To get your NGO's journey started, go to the LegalDost.

[ngofundraising]

Raising Funds for a Women & Child Welfare NGO in India

In this blog we will first understand why fundraising is important for your NGO and then what are the steps to raise an sufficient fundraise 

Fundraising is crucial for NGOs for several reasons:

Financial Sustainability: NGOs often rely on donations and grants to fund their operations. Fundraising ensures a steady flow of income to sustain programs, pay staff, and cover operational costs.

Program Expansion: Fundraising for NGOs allows them to expand their programs and reach more people in need. With additional funds, organizations can increase their impact and address pressing issues more effectively.

Resource Allocation: Fundraising enables NGOs to allocate resources strategically to areas where they have the greatest impact. By identifying and funding the most effective programs, organizations can maximize their efficiency.

Public Awareness: Fundraising activities can help raise public awareness about the NGO's mission and the issues it addresses. This can lead to increased support, volunteerism, and partnerships.

Demonstrating Impact: Successful fundraising can be a powerful indicator of an NGO's effectiveness. By securing donations and grants, organizations can demonstrate their ability to make a positive difference in the community.

Step-by-Step Process

1. Develop a Strong Foundation:

Mission and Vision: Clearly articulate your organization's purpose and goals.

Registration: Register your NGO with the appropriate state government authorities.

80G Certification: Obtain 80G certification from the Income Tax Department for tax benefits to donors.

Team Building: Assemble a dedicated and experienced team with expertise in women and child welfare.

2. Create a Compelling Fundraising Plan:

Identify Target Donors: Determine potential sources of funding, including individuals, corporations, foundations, and government agencies.

Develop Fundraising Strategies: Create a comprehensive plan encompassing various fundraising methods like donations, grants, events, and merchandise sales.

Budgeting: Prepare a detailed budget outlining your fundraising goals, expenses, and expected income.

3. Build Relationships and Network:

Networking: Attend industry events, conferences, and workshops to connect with potential donors and partners.

Public Relations: Leverage social media, media outreach, and public speaking to raise awareness about your cause.

Collaborations: Partner with like-minded organizations to expand your reach and impact.

4. Craft Compelling Proposals:

Grant Proposals: Develop well-structured grant proposals that highlight your organization's mission, impact, and budget.

Donor Appeals: Create persuasive appeals that resonate with potential donors' values and interests.

5. Utilize Fundraising Platforms:

Online Platforms: Leverage crowdfunding platforms like Milaap, Ketto, and ImpactGuru to reach a wider audience.

Social Media: Utilize social media to share your stories, updates, and fundraising campaigns.

6. Organize Fundraising Events:

Corporate Social Responsibility (CSR): Collaborate with corporations for CSR initiatives like charity events, sponsorships, or volunteer programs.

Community Events: Organize local events like marathons, concerts, or auctions to generate funds and awareness.

7. Ensure Transparency and Accountability:

Financial Reporting: Maintain transparent financial records and provide regular updates to donors.

Impact Assessment: Track and measure the impact of your programs to demonstrate the effectiveness of your work.

Legal Considerations

Registration: Ensure your NGO is registered with the appropriate government authorities.

Tax Compliance: Comply with all tax regulations and obtain necessary certifications (e.g., 80G).

Foreign Funding: If receiving foreign funding, adhere to the Foreign Contribution Regulation Act (FCRA).

Labor Laws: Comply with labor laws when hiring staff.

Challenges

Competition: Navigating a competitive landscape for funding.

Donor Fatigue: Addressing donor fatigue and maintaining consistent engagement.

Resource Constraints: Managing limited resources effectively.

Bureaucracy: Dealing with bureaucratic hurdles and delays in government processes.

Utilizing Funds Effectively

Program Alignment: Ensure funds are allocated to programs that directly address your organization's mission.

Cost-Effectiveness: Prioritize cost-effective strategies to maximize impact.

Monitoring and Evaluation: Regularly monitor and evaluate program outcomes to make data-driven decisions.

Sustainability: Focus on building sustainable funding models to ensure long-term viability.

Community Involvement: Involve the community in decision-making and program implementation to foster ownership and accountability.

By following these steps and addressing the challenges involved, your NGO can effectively raise funds and make a significant impact on women and child welfare in India.

[dainnonimate]

Why Maximising Corporate Social Responsibility Impact is a must

Whether you're a couch potato scrolling through your phone or a social leader climbing the ranks , sustaining the environment is important- in one way or another.But how does one contribute to it ?

More importantly, what (on earth) is corporate social responsibility?

Corporate Social Responsibility or CSR for short is just another business model. But what makes it different from others is that unlike most ideals where money comes first, here the focus is on environment.Considering the lands and making sure it doesn't degrade in the process is one if the principles of CSR.

....is it really necessary?

CSR isn't primarily about profits;it is about contributing a little by little to prserve our planet. Simple isn't it?

.....do brands receive positive impact from this?

Though it seems like it, CSR provides a company with quite a lot of benefits. Starting from brand recognition , staff and customer benefits and to top it all, providing their part in sustaining the environment.

.....is marpu foundation the best when it comes to CSR?

Marpu foundation follows all this.It has a track record of impactful projects , offers volunteer opportunities for employees,etc and focuses on education, healthcare, and environmental sustainability These initiatives can help employees feel a sense of purpose and provide valuable experiences like team building and skill development. 

...and lastly, what is Marpu Foundation?

Marpu foundation is a NGO run by young environmental enthusiasts and aims to help young people become global citizens and address issues that affect sustainability and youth activities.It has been recognized as "Best NGO in India" in 2020. 

[nirmala7210]

The Power of CSR Partnership with NGOs: Transforming Communities Through Collaboration

In an increasingly socially conscious world, the role of businesses extends beyond their bottom line. Companies today are expected to be responsible corporate citizens, actively engaging in efforts to make a positive impact on society and the environment. One of the most effective ways to do this is through CSR (Corporate Social Responsibility) partnerships with NGOs. These collaborations go beyond mere philanthropy; they are a strategic alignment of goals, resources, and expertise to create lasting change. In this article, we will explore the significance of CSR partnership with NGOs, how it works, and the transformational power of CSR funding for NGOs.

The Essence of CSR Partnership

CSR partnership with NGOs signifies a shared commitment to address societal and environmental challenges. It is a strategic collaboration where businesses and non-profit organizations combine their strengths and resources to achieve common goals. These partnerships are built on the belief that businesses can make a meaningful difference by leveraging their assets, expertise, and networks in support of NGOs' causes.

How CSR Partnership Works

Shared Vision and Goals: The foundation of any successful CSR partnership is a shared vision and objectives. The business and NGO must identify mutual areas of interest and align their goals for the collaboration to be effective.

Resource Contribution: Businesses typically provide funding, expertise, and in-kind support to the NGO. This support can take various forms, including financial contributions, employee volunteerism, or pro bono services.

Collaborative Projects: CSR partnerships often involve joint initiatives and projects aimed at addressing specific challenges. These projects can range from environmental conservation efforts to community development programs or educational initiatives.

Measurable Impact: Both parties work together to define key performance indicators and metrics to assess the impact of their collaboration. Regular reporting and transparency are essential to ensure accountability and success.

Long-Term Commitment: Many CSR partnerships extend beyond short-term initiatives. Sustainable impact often requires a long-term commitment to see projects through and make lasting change.

The Transformational Power of CSR Funding for NGOs

CSR funding for NGOs is a cornerstone of these partnerships. It provides non-profit organizations with the financial support needed to implement their projects and programs effectively. Here's why CSR funding is transformative:

1. Amplified Impact

CSR funding allows NGOs to expand their reach and impact. It enables them to scale up their activities, reach more beneficiaries, and make a more significant difference in the communities they serve. This amplification of impact is a direct result of the financial resources provided by businesses.

2. Sustainability

Many NGOs struggle with financial stability, making it challenging to maintain their programs over the long term. CSR funding provides the stability and resources necessary for NGOs to plan and execute sustainable initiatives that continue to benefit society well into the future.

3. Innovation

CSR funding often encourages NGOs to innovate and find more efficient and effective ways of achieving their mission. The financial support allows them to invest in research, technology, and creative solutions that drive progress and innovation.

4. Capacity Building

CSR funding can be used for capacity building within NGOs. This includes training, infrastructure development, and skills enhancement for their staff and volunteers, ensuring that they are better equipped to achieve their objectives.

5. Recognition and Credibility

When an NGO partners with a business for CSR funding, it often gains recognition and credibility in the eyes of the public, potential donors, and other stakeholders. This recognition can lead to more significant support from various quarters, further enhancing the NGO's ability to fulfill its mission.

The Business Benefits of CSR Partnerships with NGOs

CSR partnerships are not a one-way street. Businesses that engage in such collaborations also reap substantial benefits, including:

1. Enhanced Reputation

Participating in CSR partnerships with NGOs can significantly enhance a company's reputation. It demonstrates a commitment to social and environmental causes, which resonates with customers, employees, and investors who value responsible corporate behavior.

2. Employee Engagement and Satisfaction

CSR partnerships provide employees with opportunities for meaningful engagement through volunteerism and community involvement. This, in turn, boosts morale, job satisfaction, and retention.

3. Customer Loyalty

Customers increasingly favor brands that align with their values. CSR partnerships can lead to higher customer loyalty and increased patronage.

4. Innovation and Market Growth

Collaborations with NGOs can spark innovation and open up new markets. Addressing social and environmental challenges may lead to the development of innovative products or services that attract a broader customer base.

5. Risk Mitigation

Engaging in CSR partnerships can mitigate certain risks, such as reputational damage or regulatory issues, by showcasing a commitment to ethical business practices.

Real-World Examples of Transformative CSR Partnerships

CSR partnerships with NGOs have been instrumental in driving social change. Some notable examples include:

Unilever and the United Nations: Unilever's partnership with the United Nations is a striking example of a business working closely with an NGO to promote sustainable development. Through this collaboration, Unilever has made substantial progress in areas like environmental sustainability, nutrition, and gender equality.

IBM and the World Wildlife Fund (WWF): IBM's partnership with WWF focuses on using data and technology to address conservation and environmental issues. This collaboration has led to innovative solutions for wildlife protection and habitat preservation.

The Coca-Cola Company and RED: Coca-Cola's collaboration with RED, an organization dedicated to ending AIDS in Africa, has generated substantial funding for HIV/AIDS prevention and treatment programs. By engaging its consumers in the cause, Coca-Cola has helped save countless lives.

In conclusion, CSR partnerships with NGOs have become a driving force for social change, allowing businesses and non-profit organizations to collaborate strategically and amplify their impact. The transformative power of CSR funding for NGOs is undeniable, as it helps these organizations fulfill their missions, drive innovation, and create lasting change. These partnerships not only benefit society but also enhance the reputation and success of businesses, making them a win-win strategy for all stakeholders involved.

[ethicsorgbeh]

Welcome everyone again to our blog! Today we are going to talk about business ethics. The world is ruled by a variety of moral principles and rules that everyone should have present in their daily lives. Just like people, business have important laws and regulations to endorse ethics in business. But these rules have not always been the same, they haven’t been developed with the passage of time and with the appearance of new ethical theories. Although the world of business have experience great improvements regarding ethics, the news bombard us with numerous scandals about big corporations employing cheap labour forces, anti-environmental production process, sexual harassment, corruption, etc. 

Sometimes the actions businesses should take, do not align with the actions they actually take. This is the point where problems arise due to the lack of common ethical standards and supportive institutions. The slightest unethical action can be the ruin of a company’s reputation, thus companies should establish ethical regulations and design an efficient CSR policy. Basic principles such as justice, fairness, freedom, rights, etc., should be present and integrated in any level of the organization. Brenkert (2018) defends the existence of an Evaluative component shaped by the moral imagination, self-interest and ethical leaders, but insufficient to fill the moral gap between ethical values and business behaviors. This evaluative component gives organizations the necessary clues to identify the direction in which moral change should go. 

However we need something more, something that help and encourage companies to fulfill ethical regulations and align their self-interest with ethics. But, Is the accomplishment of ethical standards just the responsibility of businesses? Both Brenkert and Van Heerden defend the need of a higher level institution to create a safe regulatory system that ensures that human rights are in line with ethics. But, who is going be in charge? The first group of stakeholders that comes to our mind are governments. Governments have already developed laws, regulations, customs, unions, consumer and environmental groups, etc. concerning various ethical criteria, but most of them have failed due to national interests and not focusing on global public good. Governments have been too focused on national short term interest. Globalizations have allowed us to cross borders so why do not take a more international approach in politics? Nowadays we face many global challenges (global warming, women inequality, democratization of authoritarian regimes, poverty, ect.) and these can not be solve by one nation alone. Governments should prioritize long-term global interests instead of short-term national interests to build a stronger global society. However, the world is changing and governments are not the only agent to promote change. 

Private firms and NGOs have begun to assume economic, social and political powers comparable to national governments. They have almost become public actors. They just need a boost to gather together and cooperate and agree to action. Ebay Inc., Ford Motor, Google Inc., Hasbro Inc. and Adobe Sytems Incorporated are some of the most ethical corporations in the world (Ethisphere Institute, 2014), all of them are international companies which promote ethical business standards, and transparency about their corporate practices. These companies are powerful enough to minimize or overcome the moral gaps business face. Other companies, like Fairlabour, have taken direct approach and offering tools and resources to companies delivering training to factory workers and management, conducting due diligence through independent assessments, and advocating for greater accountability and transparency from companies, manufacturers, factories and others involved in global supply chains (FairLabour.org). 

We have already talked about pubic and private entities but, what happened whit the final consumer? We is the last step in the consumption process and we are responsible of our consumption choices. In order to save a few euros, people buy low cost brands, food, clothes, ect., which most of the time are produced in factories where ethical and moral standards are not fulfilled. Our actions have consequences which have a lasting impact on our economy, environment and society. So, think twice before you make a purchase. Public authorities, private agents, NGOs and citizens, all of them are responsible for achieving a fair supply change in which workers are treated with dignity, products meet safe standards and regulations and with transparent policies and manufacturing process. 

Picture retrieved from: https://www.pinterest.com/millstirling/multi-prespectives/

[fiinovationopportunity]

Fiinovation Client login - Why is Monitoring and Evaluation important for your CSR project.

Corporate Social Responsibility (CSR) is the company’s responsibility towards the growth and development of social, economical and environmental factors by contributing a part of their profit. In order to implement the CSR activities, it is necessary to Monitor and Evaluate every part of it from the beginning to the end. Monitoring and Evaluation plays a very important role in corporate social responsibility activities. The term monitoring refers to checking and keeping a track on the projects if it is going in the right direction, and also to observe and measure the progress of the project. On the other side, Evaluation is to analyse how well the project has been implemented, what are the limitations after the implementation, the future obstacles to be faced and to check if the outcome of the project is positive or negative. Monitoring needs to be done before the implementation of the project and evaluation is carried out after the implementation. Hence Monitoring and Evaluation go hand in hand in order to make the project prosperous.  

Following are the points to be considered in monitoring the CSR activity :

To check the effectiveness of the CSR project on what parameters it can be implemented.

To determine the resources required for it.

To analyse the durability of the project in future terms.

To observe and check the progress

Points to be considered in Evaluation the CSR activity:

The evaluation can be classified into three parts 

Process Evaluation:

To check if the project is reached to the target.

To classify if the project is going on as per the plan.

Impact Evaluation: 

To measure the performance of the project and to implement desire change.            

Outcome Evaluation:  

To check if the goal of the project is been achieved. 

To determine the contribution of other external factors.

The organisations need to create transparency about their CSR projects to the funding parties and to shareholders so that they can improve their brand image as well as the implementation of various projects and also encourage others to fund and participate in CSR activity,

Hence Monitoring and Evaluation plays a very important role to help the organisations for reaching their goals by taking the decision at the right time and to identify on what extent the target has reached also the outcome of it.

Innovative Financial Advisors Pvt Ltd ( Fiinovation ) is a leading research and advisory firm that offers expertise in corporate social responsibility (CSR) and sustainability domain. Fiinovation bridges the gap between the NGO and the organisation to invest and guide in their CSR activities. Fiinovation also helps the organisations in monitoring and evaluation of their projects so that it fulfils all the objectives and achieves the goal.Fiinovation CSR activities are appreciated by many organisations and they are now investing in their CSR activities with proper guidance of Fiinovation. Fiinovation news is covered by many reputed media channels like ANI news and economic times. Fiinovation CEO Dr Soumitro Chakraborty believes in transparency, simplicity and quality to make the project successful also all the updates about the Fiinovation projects are available on their social media channels like Facebook, Youtube, Twitter and Linkedin. 

Following are the links: Fiinovation Facebook

                                       Fiinovation Twitter

                                       Fiinovation Youtube

To know more information about Fiinovation and to get updates about the projects you can stay connected through Fiinovation Client Login

Fiinovation Delhi NGO address: 24/30, Ground Floor, Okhla Industrial Estate, Phase-III

New Delhi – 110020, Delhi, India

[iasshikshalove]

Daily Current Affairs 02nd June 2020

MOODY’S DOWNGRADES INDIA’S RATING:

CONTEXT

Rating agency Moody’s downgraded India’s foreign currency and local currency long term issuer ratings to Baa3 from Baa2, while maintaining a negative outlook.

WHAT DOES NEGATIVE OUTLOOK INDICATE?

The ‘negative’ outlook means that there are risks that there could be a lower rating, there could be another downgrade in future.Growth can continue to slow structurally to a much lower rate than in the past, deficits can continue to slip, and if the financial system does not improve and stabilise, that would further potentially exacerbate these growth risks.

WHY IT IS A CONCERN

Baa3 is the lowest in investment grade in Moody’s rating ladder. This means, India is just one notch above the non-investment grade or junk grade.Ultimately, it would be more costly and will crowd out the potential for spending on things that would help lift growth and improve livelihoods.It will increase government’s fiscal burden.

REASONS FOR DOWNGRADE

The country’s GDP to contract by 4% in the current financial year due to the shock from the pandemic and related lockdown measures. The GDP growth, however, is expected to pick up in the next fiscal to 8.7% and closer to 6% in the year after.

Over the longer term, growth rates are likely to be materially lower than in the past, due to persistent weak private sector investment, tepid job creation and an impaired financial system, further deterioration in the government’s fiscal position.

Slow reform momentum and constrained policy effectiveness have contributed to a prolonged period of slow growth, compared to India’s potential, that started before the pandemic.

The lower economic growth to diminish the government’s ability to reduce its debt burden and the pandemic to increase the debt burden to rise to about 84% of GDP in the current financial year from 72%.

MINIMUM SUPPORT PRICES (MSPs) FOR KHARIF CROPSCONTEXT

The Cabinet Committee on Economic Affai₹ (CCEA) on Monday approved an increase in the minimum support prices (MSPs) for all mandated kharif crops, including paddy, pulses and cotton, for the 2020-21 marketing season.

MOTIVE FOR PROVIDING MSP

MSP acts an insurance for farmers against sharp drop in prices.The minimum support prices are a guarantee price for their produce from the Government. The major objectives are to support the farmers from distress sales and to procure food grains for public distribution. In case the market price for the commodity falls below the announced minimum price due to bumper production and glut in the market, government agencies purchase the entire quantity offered by the farmers at the announced minimum price.

Besides government is providing MSP for a wide range of 22 crops so that farmers will be incentivized to sow other than paddy and sugarcane,which are water intensive crops,in order to diversify indian agricultural system.

HOW MSP IS DETERMINED

The Union Budget 2018-19 fixed the MSPs at a level of at least 1.5 times of the All-India weighted average Cost of Production (CoP), aiming at reasonably fair remuneration for the farmers.

The minimum support prices are announced by the Government of India at the beginning of the sowing season for certain crops on the basis of the recommendations of the Commission for Agricultural Costs and Prices (CACP).While recommending commission takes into consideration various factors like cost of inputs,cost of marketing,general price level etc., to finally arrive at the guaranteed price.It is cabinet committe of economic affairs which finally approves the MSP suggested by the commission.

CABINET COMMITTEE OKAYS ₹50,000 cr. INFUSION FOR MSMEsCONTEXT

The Cabinet Committee on Economic Affairs on Monday approved ₹50,000 crore equity infusion for micro, small, and medium enterprises (MSMEs).

WHY EQUITY INFUSION

At initial stages it is difficult for small companies to raise funds for investment which hampers their growth potential.so the government decided to invest,using fund of funds, in such companies as equity so that they can get listed on stock exchange to avail required liquidity.Their share prices will go up,when it reaches a particular level,government will sell shares and then invest in others.It basically enables the small companies to raise their own capital by listing on stock exchanges.

WHAT IS FUND OF FUNDS

Based on the recommendations of UK Sinha Committee, the Fund of Funds was first announced in the Union Budget on February 1, 2020. An investment of Rs. 10,000 crore was proposed in the Budget for the scheme.

The fund is meant to address the problem of shortage in growth capital for MSMEs, helping those companies in nascent and initial stages as there are no prospects for such units to raise funds through venture capitalists and professional corporations.

The FoF scheme proposes to buy up to 15 percent equity in MSMEs, with high credit rating.

WHY MSME GROWTH IS CRUCIAL

Employment: It is the second largest employment generating sector after agriculture. It provides employment to around 120 million persons in India.

Contribution to GDP: With around 36.1 million units throughout the geographical expanse of the country, MSMEs contribute around 6.11% of the manufacturing GDP and 24.63% of the GDP from service activities.

MSME ministry has set a target to up its contribution to GDP to 50% by 2025 as India becomes a $5 trillion economy.

Exports: It contributes around 45% of the overall exports from India.

Inclusive growth: MSMEs promote inclusive growth by providing employment opportunities in rural areas especially to people belonging to weaker sections of the society.

Financial inclusion: Small industries and retail businesses in tier-II and tier-III cities create opportunities for people to use banking services and products.

Promote innovation: It provides opportunity for budding entrepreneurs to build creative products boosting business competition and fuels growth.

SOCIAL STOCK EXCHANGE (SSE)CONTEXT

A working group constituted by the Securities and Exchange Board of India (SEBI) on social stock exchanges has recommended allowing non-profit organisations to directly list on such platforms while allowing certain tax incentives to encourage participation on the platform.

HOW TO RAISE FUNDS

The group has recommended allowing non-profit organisations to directly list through issuance of bonds while recommending a range of funding avenues, including some of the existing mechanisms such as Social Venture Funds (SVFs) under Alternative Investment Funds (AIFs).

WHY WOULD IT BE BENEFICIAL

There is a great opportunity to unlock funds from donors, philanthropic foundations and CSR spenders, in the form of zero coupon zero principal bonds. These bonds will be listed on the SSE,Which will provide them with necessary liquidity.once listed they will be required to report to stock exchanges on regular basis which will help for their better regulation eliminating fraud organisations.

NEED FOR SUCH PLATFORM

In india many NGO’s are involved in welfare activities.They have the advantage of better involvement with local people and equipped with better knowledge of grass root realities, but the lack of proper financial resources hinder their welfare activities. so a social stock exchange platform will help them coping up with such constraints.

[makers-muse]

How to Secure Funding for a STEM Lab in Rajasthan Schools? 

Introduction: A Vision for Innovation in Rajasthan Schools 

Imagine a school in Rajasthan where students are designing robots, coding applications, and experimenting with renewable energy models. This vision can become a reality with a well-equipped STEM (Science, Technology, Engineering, and Mathematics) lab. However, funding remains a major challenge for many schools looking to invest in STEM education. The good news is that with the right strategies, schools can secure the necessary resources to establish and maintain a cutting-edge STEM lab. 

Why STEM Labs Matter in Rajasthan? 

STEM education plays a crucial role in preparing students for future careers. According to the World Economic Forum, 75% of future jobs will require STEM skills. Rajasthan, with its growing technology and industrial sectors, must ensure students have access to hands-on learning experiences. A well-funded STEM lab can: 

Enhance critical thinking and problem-solving skills 

Prepare students for high-demand careers in engineering, healthcare, and IT 

Attract better enrollment and partnerships with industries 

Bridge the digital divide in rural areas 

Sources of Funding for STEM Labs in Rajasthan Schools 

1. Government Grants & Schemes 

The Indian government provides multiple schemes to support STEM education. Schools can apply for: 

Rashtriya Avishkar Abhiyan (RAA): Aimed at promoting inquiry-based learning. 

Atal Tinkering Labs (ATL) under NITI Aayog: Provides financial support of up to Rs. 20 lakh per school. 

Samagra Shiksha Scheme: Offers funding for technology-driven educational initiatives. 

CSR (Corporate Social Responsibility) Funds: Many public and private companies in Rajasthan allocate CSR funds to education, including STEM programs. 

2. Private & Corporate Sponsorships 

Many organizations are keen to support STEM education through sponsorships. Schools can approach: 

Local industries and startups in Jaipur, Udaipur, and Jodhpur for funding. 

Educational technology companies for equipment and software sponsorship. 

Alumni networks to contribute funds or resources. 

3. Crowdfunding & Community Support 

Crowdfunding is an effective way to raise funds. Schools can: 

Launch campaigns on platforms like Milaap, Ketto, and ImpactGuru. 

Engage the local community through fundraising events. 

Partner with NGOs that support education and STEM initiatives. 

4. International Grants & Competitions 

Several global organizations offer funding for STEM education. Schools can explore: 

Google RISE Awards (for underserved communities in STEM). 

LEGO Education Grants for hands-on learning. 

The National Geographic Society Grants for educational projects. 

How to Apply for STEM Funding Successfully 

1. Develop a Strong Proposal 

A compelling funding proposal should include: 

Clear objectives outlining how the STEM lab will benefit students. 

Budget breakdown detailing equipment, software, and training costs. 

Expected outcomes such as improved student engagement and academic performance. 

2. Showcase Impact and Sustainability 

Donors and sponsors want to see measurable impact. Schools should: 

Highlight success stories from similar STEM programs. 

Present a sustainability plan to ensure long-term benefits. 

Demonstrate community involvement and commitment. 

3. Leverage Media and Digital Outreach 

A strong online presence can attract potential funders. Schools should: 

Create social media campaigns showcasing the need for a STEM lab. 

Engage local news outlets to feature their funding initiative. 

Collaborate with influencers and educators to amplify their message. 

Build a Future-Ready School Today 

Investing in a STEM lab is investing in the future of Rajasthan’s students. With the right funding strategies, your school can become a hub of innovation and excellence. Start applying for grants, reaching out to sponsors, and engaging your community today! 

Want expert guidance on setting up a STEM lab? Contact us at Makers’ Muse  for resources and consultation. 

[ngofundraising]

Raising Funds for a Women & Child Welfare NGO in India

In this blog we will first understand why fundraising is important for your NGO and then what are the steps to raise an sufficient fundraise 

Fundraising is crucial for NGOs for several reasons:

Financial Sustainability: NGOs often rely on donations and grants to fund their operations. Fundraising ensures a steady flow of income to sustain programs, pay staff, and cover operational costs.

Program Expansion: Fundraising for NGOs allows them to expand their programs and reach more people in need. With additional funds, organizations can increase their impact and address pressing issues more effectively.

Resource Allocation: Fundraising enables NGOs to allocate resources strategically to areas where they have the greatest impact. By identifying and funding the most effective programs, organizations can maximize their efficiency.

Public Awareness: Fundraising activities can help raise public awareness about the NGO's mission and the issues it addresses. This can lead to increased support, volunteerism, and partnerships.

Demonstrating Impact: Successful fundraising can be a powerful indicator of an NGO's effectiveness. By securing donations and grants, organizations can demonstrate their ability to make a positive difference in the community.

Step-by-Step Process

1. Develop a Strong Foundation:

Mission and Vision: Clearly articulate your organization's purpose and goals.

Registration: Register your NGO with the appropriate state government authorities.

80G Certification: Obtain 80G certification from the Income Tax Department for tax benefits to donors.

Team Building: Assemble a dedicated and experienced team with expertise in women and child welfare.

2. Create a Compelling Fundraising Plan:

Identify Target Donors: Determine potential sources of funding, including individuals, corporations, foundations, and government agencies.

Develop Fundraising Strategies: Create a comprehensive plan encompassing various fundraising methods like donations, grants, events, and merchandise sales.

Budgeting: Prepare a detailed budget outlining your fundraising goals, expenses, and expected income.

3. Build Relationships and Network:

Networking: Attend industry events, conferences, and workshops to connect with potential donors and partners.

Public Relations: Leverage social media, media outreach, and public speaking to raise awareness about your cause.

Collaborations: Partner with like-minded organizations to expand your reach and impact.

4. Craft Compelling Proposals:

Grant Proposals: Develop well-structured grant proposals that highlight your organization's mission, impact, and budget.

Donor Appeals: Create persuasive appeals that resonate with potential donors' values and interests.

5. Utilize Fundraising Platforms:

Online Platforms: Leverage crowdfunding platforms like Milaap, Ketto, and ImpactGuru to reach a wider audience.

Social Media: Utilize social media to share your stories, updates, and fundraising campaigns.

6. Organize Fundraising Events:

Corporate Social Responsibility (CSR): Collaborate with corporations for CSR initiatives like charity events, sponsorships, or volunteer programs.

Community Events: Organize local events like marathons, concerts, or auctions to generate funds and awareness.

7. Ensure Transparency and Accountability:

Financial Reporting: Maintain transparent financial records and provide regular updates to donors.

Impact Assessment: Track and measure the impact of your programs to demonstrate the effectiveness of your work.

Legal Considerations

Registration: Ensure your NGO is registered with the appropriate government authorities.

Tax Compliance: Comply with all tax regulations and obtain necessary certifications (e.g., 80G).

Foreign Funding: If receiving foreign funding, adhere to the Foreign Contribution Regulation Act (FCRA).

Labor Laws: Comply with labor laws when hiring staff.

Challenges

Competition: Navigating a competitive landscape for funding.

Donor Fatigue: Addressing donor fatigue and maintaining consistent engagement.

Resource Constraints: Managing limited resources effectively.

Bureaucracy: Dealing with bureaucratic hurdles and delays in government processes.

Utilizing Funds Effectively

Program Alignment: Ensure funds are allocated to programs that directly address your organization's mission.

Cost-Effectiveness: Prioritize cost-effective strategies to maximize impact.

Monitoring and Evaluation: Regularly monitor and evaluate program outcomes to make data-driven decisions.

Sustainability: Focus on building sustainable funding models to ensure long-term viability.

Community Involvement: Involve the community in decision-making and program implementation to foster ownership and accountability.

[fiinovationopportunity]

ENVIRONMENT SECTOR IN INDIA – STRATEGIES OF INNOVATIVE FINANCIAL ADVISORS PVT. LTD

‘’The Environment and Economy are two sides of the same coin If we cannot sustain Environment, We cannot sustain ourselves.’’

                                                                          Wangari Maathai 

The world is changing based on the desideratum of the people and the needs and wants of the society is increasing day by day, in order to fulfil the demand the world moves towards Industrialization. Due to rapid growth in industrialization, it gave rise to many environmental problems like Air, water, soil and noise pollution which creates a tremendous impact on the mother earth. So it is the fundamental responsibility of the human being to take initiatives to sustain the environment for the well being of their future. 

India is a developing country and it is going through a rapid phase of industrialization, the development of roads, factories, house property, playgrounds, airports etc are a major part of it. But to make certain changes we neglect the impact the environment which is the main concern in today's era. Due to more consumption of natural resources, it is about to abolish and there will be fewer resources for the future generation. The growth in the industries creates air and water pollution, the harmful substances emitted through factories creates air pollution and the waste is released in water which spoils the water and due to this it affects the health of people. 

Why do we need to protect the environment? Because it plays an important role in the healthy living of human beings and without it, humans' existence will come to an end. The environment gives us basic necessities like food, shelter etc so it is necessary to protect it.

According to the source, in India, around 51% of pollution is caused by Industries, 27% by the use of vehicles and 22% by others. As the maximum pollution is caused by the industries so it becomes the responsibility for them to reduce it by taking necessary steps towards environment protection. 

Industries can reduce the pollution caused by them by investing in Corporate Social Responsibility (CSR) activities. In CSR the companies and the management participate to uplift the society and sustain the environment. 

Following are the ways through which the companies can reduce environmental pollution :

To practice waste management activities

To make their employees use public transport instead of their private vehicles to reach the office or else promote the use of electric vehicles.

To manufacture recyclable products and also encourage people to use the same.

To educate people about environmental problems.

To make use of solar energy in their offices.

To reduce the paperwork and make the employees to go digitalised.

To implement water management activities.

And also to encourage society in doing so.

It is important to create awareness about the things happening in our environment related to the environment so if the government or industries are making their projects which can harm the environment then people can take action related to it. E.g the case of ‘’Aarey Forest ‘’ where the government of Maharashtra decided to cut thousands of trees for making their project and the people oppose it because of the environmental concern. This type of activities creates more awareness in society and can be helpful to preserve the environment.

Innovative Financial Advisors Pvt Ltd (Fiinovation), is a leading research and advisory firm that offers expertise in corporate social responsibility (CSR) and sustainability domain. Fiinovation family bridges the gap between the NGO and the companies and gives proper guidance to invest in the CSR activities which will benefit the society. They primarily focus on practise areas like health, education, livelihood skills and environment. Fiinovation CSR activities are appreciated by many corporates and the Fiinovation news about their latest projects is also covered by well-known media channels like ANI News and economic times. In February 2017 Fiinovation and Uflex Ltd jointly awarded for Best Environment-Friendly Projects and the title of the project was ‘’ Natural resource conservation & optimization of ecosystem services’’. Fiinovation CEO Dr Soumitro Chakraborty and his team are working for new upcoming projects and are also honoured with many awards for their work. Some of the Fiinovation projects related to environmental sustainability are Rainwater harvesting, water management projects, developing various strategies for providing safe drinking water, solid waste management etc. We can contact Fiinovation through their social media sites like Facebook, Twitter, Linkedin as they keep transparency about their work.

Following are the Links:

Fiinovation Facebook

Fiinovation Twitter

Fiinovation Linkedin

Fiinovation Delhi NGO address: 24/30, Ground Floor, Okhla Industrial Estate, Phase III New Delhi – 110020, Delhi, India

[fiinovationopportunity]

Fiinovation CSR activity - Tree Plantation

“ He who plants a tree plants a hope’’

                                                     -     Lucy Larcom

Trees play a very essential role in our day to day life, without trees there is no life as they purify the air, provide shelter, give food so it is necessary to save them. Many products like paper, rubber etc are made from trees. Hence it becomes the responsibility for us to save them. The main reason for cutting down trees is to develop infrastructure and to make products from them. These activities are carried out mostly by government and corporates so it becomes a responsibility of the organisations to take a stand against such acts, as to establish a new plant land is required so the need is satisfied by cutting down the forests to make space for new industries. Same is with the government to develop new towns, build cities, development of transportation base like railway, airport etc they feel a necessity for space and in order to obtain it, deforestation takes place.

Various NGOs have already started their tree plantation projects around the world and it is addressing the world problems due to deforestation. It becomes a responsibility of the organisation to serve society by planting trees everywhere and to make the environment clean. So the organisation should focus on their Corporate Social Responsibility (CSR) activities to plant trees to preserve the climate.

Why should Tree Plantation be CSR activity?

The number of trees which was cut down for industrial purpose will be replanted in other regions

To attract others for tree plantation

To gain a brand image

 To preserve the environment

To benefit the agricultural sector

To spread awareness about the importance of trees

To educate society 

Reputed companies TATA and Amul started their tree plantation projects to preserve the environment.TATA project ‘Green Thumb’ took the initiative to plant 2 lakh trees at their various plant site by 2020 whereas Amul has planted more than 6lakhs trees. This big steps of the organisation towards the environment encouraged other companies to plan their CSR activities for tree plantation.

Innovative Financial Advisors Pvt Ltd ( Fiinovation ) is a leading research and advisory firm that offers expertise in Corporate social responsibility (CSR) and sustainability domain. Fiinovation bridges the gap between companies and NGO so that the CSR activity will be implemented at its best. Fiinovation CSR activities are appreciated by many companies and accepted across the nation. Information about different Fiinovation Projects is available on their social media sites. Fiinovation News is covered by popular media channels like ANI News and Economic times. Many organisations have made partnerships with Fiinovation for their CSR activities.

Fiinovation CEO Dr Soumitro Chakraborty awarded as Most Admired leader for CSR and sustainability2017. We can contact Fiinovation through their social media sites like Facebook, Linkedin, Twitter.

Following are the links:  Fiinovation Facebook

                                        Fiinovation Linkedin

                                        Fiinovation Twitter

Fiinovation Delhi NGO address -  24/30, Ground Floor, Okhla Industrial Estate, Phase -3, New Delhi, Delhi - 110020.