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    The Ministry of Corporate Affairs has constituted a 12-member committee headed by Regional Director Manmohan Juneja to review the enforcement of Corporate Social Responsibility (CSR) provisions under the Companies Act, 2013. The committee will review how CSR enforcement is functioning and recommend a uniform approach, as well as revisit CSR guidelines and the schedule of approved CSR activities. It comes amid rising instances of non-compliance with the CSR requirements under the Companies Act that mandate certain profitable companies spend at least 2% of their net profits on CSR activities.

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    CSR Provisions

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    Government Sets Up Committee to Review the Enforcement of CSR Provisions _ Current Affairs Today

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    The Ministry of Corporate Affairs has constituted a 12-member committee headed by Regional Director Manmohan Juneja to review the enforcement of Corporate Social Responsibility (CSR) provisions under the Companies Act, 2013. The committee will review how CSR enforcement is functioning and recommend a uniform approach, as well as revisit CSR guidelines and the schedule of approved CSR activities. It comes amid rising instances of non-compliance with the CSR requirements under the Companies Act that mandate certain profitable companies spend at least 2% of their net profits on CSR activities.

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    Home GK GK Questions Current Affairs Current Affairs Quiz Banking Awareness E-Books Job Alerts IASPOINT→ िहंदी→

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    Dwiref Vora
    The Ministry of Corporate Affairs has constituted a 12-member committee headed by Regional Director Manmohan Juneja to review the enforcement of Corporate Social Responsibility (CSR) provisions under the Companies Act, 2013. The committee will review how CSR enforcement is functioning and recommend a uniform approach, as well as revisit CSR guidelines and the schedule of approved CSR activities. It comes amid rising instances of non-compliance with the CSR requirements under the Companies Act that mandate certain profitable companies spend at least 2% of their net profits on CSR activities.

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    Government sets up committee to review the enforcement of CSR provisions |

    AC T April 11, 2018 No comments


    The Ministry of Corporate Affairs (MCA) has constituted
    Act India 12-member committee to review enforcement of
    Corporate Social Responsibility (CSR) provisions under
    Activities Companies Act, 2013. It will be headed by Regional
    Director (Western Region) Manmohan Juneja. Besides,
    Activity there will be two sub-committees viz. legal and technical
    that will go into various aspects in relation to compliance with CSR provisions.
    CURRENT AFFAIRS 2018
    Current Affairs - May, 2018 Committee’s Terms of References

    Current Affairs - April 2018  The committee will review functioning of CSR enforcement and recommend
    uniform approach for its enforcement. It will revisit guidelines for
    Current Affairs - Mar. 2018 
    enforcement of CSR provisions and basis, including structure of Centralised
    Current Affairs - Feb. 2018  Scrutiny and Prosecution Mechanism (CSPM).
    Current Affairs - Jan. 2018  It will also look at methodologies for monitoring of compliance by companies
    Current Affairs - Dec. 2017  with CSR norms for having an effective CSPM. It will also revisit Schedule VII
    of Companies Act, 2013 pertaining to the board list of CSR activities that can
    Current Affairs - Nov. 2017 
    be taken up under the Act on basis of references received from various
    Current Affairs -Oct. 2017 
    stakeholders.
    Current Affairs - Sept. 2017  Background
    Current Affairs - August 2017  Under Companies Act, 2013, certain class of pro table companies (entities)
    Current Affairs - July 2017  are required to shell out at least 2% of their three-year annual average net
    Current Affairs - June 2017 
    pro t towards CSR activities. In case of non-compliance, these companies
    have to furnish reasons to Ministry of Corporate Affairs (MCA). In recent
    Current Affairs - May 2017
    times, MCA has come across rising instances of non-compliance with CSR
    Current Affairs - April 2017 requirement. Last year, MCA had sought explanation from many companies
    Current Affairs - March 2017 for not complying with CSR norms. As per of cial data, 6,286 companies spent
    Current Affairs - February 2017
    Current Affairs - January 2017  Rs. 4,719 crore towards various CSR activities in 2016-17, with total number
    Current Affairs - 2017  of such projects taken up stood at 11,597.
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    Categories: India Current Affairs 2018
    National Current Affairs
    Tags: Committees • Companies Act • Corporate Social Responsibility • Manmohan Juneja
    State Current Affairs Committee • Ministry of Corporate Affairs
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