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NITI Aayog mulls using PSU’s CSR funds on aspirational districts

by India CSR Network
4 years ago
in CSR
Titan Spends Rs. 37 Cr towards CSR initiatives in FY 2020-21

NEW DELHI: The NITI Aayog is seeking to realign the deployment of Corporate Social Responsibility (CSR) funds of Central Public Sector Enterprises (CPSEs) in accordance with the pressing requirements in aspirational districts.

An official statement said the realignment would be focussed on health, nutrition and education. It is expected to make a visible impact as the CSR funds of these enterprises are in the excess of Rs 3,200 crore a year.

Flagship initiative

The transformation of aspirational districts is a flagship initiative of the Centre in partnership with State governments, anchored at the NITI Aayog.

“A concerted effort is being made to rapidly transform 117 aspirational districts, which have shown relatively less progress in health, nutrition, and education among others,” the statement said.

Addressing a conference to deliberate on the way forward in this regard, Amitabh Kant, CEO of NITI Aayog, said that for India to capitalise on its demographic transition, it must improve its outcomes on the Human Development Index.

Preeti Sudan, Secretary, Health and Family Welfare, recommended various activities in the health sector, including Ayushman Bharat programme that could be funded by CSR.

Infra for education

Suggesting measures to redeploy CSR funds, Rina Ray, Secretary, Department of School Education and Literacy under the Ministry of Human Resource Development, said that CPSEs should look to support infrastructure projects for education such as upgradation of lower primary to upper primary schools.

This will help in reducing dropout rates resulting from constraints in existing infrastructure.

As a special measure to reduce dropout rates of girls, CSR can be used for providing bicycles to girl students, Ray added.

CSRBooks.com CSRBooks.com CSRBooks.com

(Agencies)

Disclaimer: The views expressed in this feature are entirely their own and does not necessarily reflect the views of India CSR Network and its Editor.

Terms & Conditions: India CSR Network does not permit other Websites/Agency to copy or reproduce or reprint the above article/feature in any form or means.

Tags: Corporate Social Responsibility (CSR)CSR and NITI AayogCSR in IndiaCSR of Central Public Sector EnterprisesCSR of PSUsNITI Aayog
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India CSR is the largest tech-led platform for information on CSR and sustainability in India offering diverse content across multisectoral issues. It covers Sustainable Development, Corporate Social Responsibility (CSR), Sustainability, and related issues in India. Founded in 2009, the organisation aspires to become a globally admired media that offers valuable information to its readers through responsible reporting. To enjoy the premium content, we invite you to subscribe it.

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