{"id":10122,"date":"2023-04-25T03:17:33","date_gmt":"2023-04-24T21:47:33","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=10122"},"modified":"2025-03-29T17:29:50","modified_gmt":"2025-03-29T11:59:50","slug":"corporate-social-responsibility-csr","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/corporate-social-responsibility-csr\/","title":{"rendered":"Corporate Social Responsibility (CSR)"},"content":{"rendered":"<h2><strong>About Corporate Social Responsibility:<\/strong><\/h2>\n<ul>\n<li><strong>What is it? <\/strong>It is a business model by which companies make a concerted effort to operate in ways that <strong>enhance <\/strong>rather than degrade <strong>society and the environment.<\/strong><\/li>\n<li>It helps both improve various aspects of society as well as <strong>promote a positive brand image of companies.<\/strong><\/li>\n<li><strong>Section 135 of the Companies Act, 2013 <\/strong>makes it mandatory for the following companies having in the immediately preceding financial year:\n<ul>\n<li>Every company having a <strong>net worth of rupees<\/strong> <strong>five hundred crores or more<\/strong>, or<\/li>\n<li>Every company having a <strong>turnover of rupees<\/strong> <strong>one thousand crores<\/strong> or more, or<\/li>\n<li>Every company has a <strong>net profit of rupees five crores<\/strong> or more to comply with CSR provisions.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<hr \/>\n<h3>Q1) What is\u00a0Turnover in business terms?<\/h3>\n<p>Turnover is a business term that refers to the amount of money that a company generates from the sale of goods or services over a specific period, usually measured on an annual basis. It is also known as revenue or sales turnover.<\/p>\n<p><strong>Source:<\/strong>\u00a0<a href=\"https:\/\/www.business-standard.com\/companies\/news\/pandemic-shortfall-in-csr-spends-widens-to-double-digit-territory-123042400903_1.html\" target=\"_blank\" rel=\"nofollow noopener\"><u>Eye on CSR Part-II: FY22 spending near target, thanks to white knights<\/u><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Corporate Social Responsibility is efforts by companies to enhance society and the environment.<\/p>\n","protected":false},"author":5,"featured_media":10123,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-10122","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/10122","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=10122"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/10122\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/10123"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=10122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=10122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=10122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}