Employing Differently Abled Persons as Part of CSR Activity

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..... Employing Differently Abled Persons as Part of CSR Activity
News and Press Release
Dated:- 23-12-2014

The essence of the provision relating to mandatory implementation of Corporate Socia .....

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..... l Responsibility by companies above the laid down threshold is to require these companies to deploy at least two percent of their net profits on eligible activities (elaborated in a Schedule to the Ac .....

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..... t). The provision does not envisage providing direct employment, including employment to differently abled employable youth. However, eligible activities include initiatives for enhancing employabilit .....

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..... y and productivity of such persons. The provisions of CSR under the Companies Act, 2013 and Rules made thereunder have come into force only recently, i.e., 01.04.2014. The details about CSR activitie .....

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..... s undertaken by companies will be available after statutory returns on CSR are filed by companies, which are due after September, 2015. This was stated by Shri Arun Jaitley, Minister of Corporate Aff .....

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..... airs in written reply to a question in the Rajya Sabha today.
News - Press release - PIB .....

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