Jharkhand Govt approves its first-ever CSR policy

| | Ranchi
  • 0

Jharkhand Govt approves its first-ever CSR policy

Friday, 05 February 2021 | PNS | Ranchi

The State Government has approved its first-ever CSR policy with a view to realise the overall development of its people, to create an enabling environment and to increase the total volume of CSR investments.

With the help of this new Jharkhand CSR policy, the Government plans to create a conducive environment for attracting CSR investments and best management practices to address various developmental challenges within the state of Jharkhand. It will lead to the establishment of a partnership between the State Government, Corporates, civil society organizations and streamline their priorities and activities.

This policy will also create transparency and avoid duplication of efforts arising out of similar central and state-sponsored schemes and thereby rationalizing the utilization of resources for positive impact. It will also help prioritize meaningful CSR projects to create a sustainable, long-term impact on communities and the environment.

The government also assumes that with this new policy Corporates will also get to know about the areas of priorities to work upon, whereas earlier in the absence of this policy corporate houses used to face difficulty in the selection of projects which will prove to be a long-term sustainable development project.

To realize the goal of the Jharkhand CSR Policy 2020, Jharkhand Corporate Social Responsibility Authority will be constituted under the administrative control of the Department of Industries chaired by the Chief Minister of Jharkhand. This authority will work towards increasing CSR investments in Jharkhand. After the establishment of the Jharkhand CSR Authority, the Jharkhand CSR Council will be disbanded.

To bring in transparency and ensure efficient and seamless information flow, a CSR portal will also be made operational. The CSR Portal will be made under the supervision of the JCSRC, An entity established in the year 2015 as the Jharkhand CSR Council.

The CSR Portal will contain details on the current projects being funded through CSR classified according to sectors, districts, departments, etc. A shelf of projects will also be available for companies for future project selections. Apart from this, all other details related to CSR funding, Policy & operational guidelines of CSR funding, formats for project proposal, Corporate registration form, MOU, etc will also be made available on the website.

State Editions

Hanumanganj police nab vehicle lifter, recover three stolen bikes

30 September 2023 | Staff Reporter | Bhopal

iconic Roshanara club’s 100 years journey ends

30 September 2023 | Staff Reporter | Delhi

Winter Action Plan to curb pollution unveiled

30 September 2023 | Staff Reporter | Delhi

Diesel generators allowed for emergency services

30 September 2023 | PNS | Delhi

DDA, NDMC to undertake cleanliness drives

30 September 2023 | Staff Reporter | Delhi

Rs 20 crore gold heist: Chhattisgarh Police arrests 2

30 September 2023 | Staff Reporter | Delhi

Sunday Edition

Environmental awakening | Gadgil's revealing memoirs

24 September 2023 | Kumar Chellappan | Agenda

‘Low-income nations ill-equipped for CVD fight’

24 September 2023 | Archana Jyoti | Agenda


24 September 2023 | PNS | Agenda

DECODED: How toxic proteins accumulate in Alzheimer's, Parkinson's?

24 September 2023 | The HEALTH PIONEER | Agenda

Astroturf | Dharana leads to Dhyana

24 September 2023 | Bharat Bhushan Padmadeo | Agenda

India’s healthcare in uncertain times

24 September 2023 | Dipanshu Nijanandi | Agenda