(a) the statutory provisions in place to ensure social commitments of corporate sector;
(b) whether the Government proposes to bring a legislation to enforce the social commitments of the corporate sector; and
(c) if so, the details thereof?
(a) the statutory provisions in place to ensure social commitments of corporate sector;
(b) whether the Government proposes to bring a legislation to enforce the social commitments of the corporate sector; and
(c) if so, the details thereof?
THE MINISTER OF CORPORATE AFFAIRS (SHRI SALMAN KHURSHID)
(a) : Presently there are no statutory provisions under the Ministry of Corporate Affairs to ensure social commitments of the corporate sector.
(b) & (c): The Ministry has issued Voluntary Guidelines on Corporate Social Responsibility in December, 2009 to encourage the corporate sector to contribute in the social and economic development of the communities.