0 raised of 1,00,000

Test Project

Social sector is an important sector for India’s economy and includes several important components

Description

  1. The concept of corporate social responsibility (CSR) has existed in ancient India and our ancient  wisdom has framed a platform for CSR. Our rich ancient knowledge and tradition is the very basis of  modern corporate level CSR practices. Indian companies have been engaged in CSR/ charity/  philanthropy since time immemorial. The industrial families in India were strongly devoted to  philanthropically motivated, social and economic causes. Over the years, the growth of Indian  economy has given rise to individual philanthropists. The CSR movement advocates
  2. to  play a role in resolving social problems due to their economic power and overarching presence in daily  life. Lately, India has gone further than any other country. In 2013, it enacted Section 135 of the Indian  Companies Act prescribing a mandatory “CSR spend of 2% of average net profits during the three  immediately preceding financial years” for all companies meeting specified financial thresholds.  According to an industry estimate, the mandatory CSR laws would apply to about 9,000-10,000  companies.


Problem Statement

  1. On the other hand India has nearly 3.5 million NGOs, working in a variety of fields ranging from disaster  relief to advocacy for marginalised and disadvantaged communities. They are a major part of civil  society which bring rapid change and social transformation. These NGOs (as implementers) can help  the corporates, donors and philanthropists (as contributors) achieve their socio-economic objectives.  The corporates, philanthropists and donors, however, find it extremely difficult to discover credible  partners from such a vast pool.

Project Goal

This project will accomplish these additional goals

Test Project

In order to address this issue, “truCSR” was conceptualized as an idea when a small team of like minded people came together and dreamt of changing the way CSR is practiced in India, with an  objective of introducing better accessibility and affordability. truCSR as a technology platform is aimed  at facilitating effective CSR activities by connecting various constituents in India’s social sector space.  By establishing a database of credible implementing outfits with whom the corporate entities as well  as the donor organisations can collaborate. truCSR shall endeavor to foster effective social  partnerships through Transparency, Reliability, and Utilitarianism as its core foundation.

Sustainable Development Goals

ABC Organization
We are a technology driven, tele-health platform that aims to reduce healthcare expenses and improve healthcare outcomes by democratising

CSR Reg No No

Tax Benefit No

Beneficiaries Children, Differently Abled

Sector(s) Promoting Education

Duration 0 month

Project Cost 1,00,000

Location Mumbai, Mumbai

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