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Home Corporate Social Responsibility

Goa CM urges corporates to give 1% of proceeds to govt under CSR

There are many pharmaceutical and other companies in Goa making crores in proceeds. But they are not spending even 1 per cent of their proceeds in the State under CSR

India CSR by India CSR
November 11, 2022
in Corporate Social Responsibility
Reading Time: 2 mins read
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Government is ready to give freedom/choice to the companies to lend CSR for the sector of their choice like health, education and others


PANJIM: It has reported that Pramod Sawant, the Chief Minister of Goa on Thursday urged the corporates having operations in the state to give 1 per cent of their proceeds to the Goa government under the Corporate Social Responsibility (CSR) before the government starts verification of their contribution.

He was speaking after handing over 100 two-wheelers to the Goa Police Department by the Hero Moto Corp Ltd under its CSR activity.

Sawant said that the motorcycles and scooters will soon have Goa Police badge and fitted with GPS for tracking the movement of the police all time.

While speaking on the CSR activity, Sawant said, “During the Covid-19 pandemic we had to request many of the establishments to contribute to the government and people under CSR fund. There are many pharmaceutical and other companies in Goa making crores in proceeds. But they are not spending even 1 per cent of their proceeds in the State under CSR”.

โ€œGovernment is ready to give freedom/choice to the companies to lend CSR for the sector of their choice like health, education and others. The companies are requested to go through the CSR Authority of the Goa government before the authority starts verification of companies,โ€ he added.

โ€œCSR Authority will give you certification for your contribution,โ€ he added.

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