Whose responsibility?

September 5, 2019 01:05 am

With the enactment of the Industrial Enterprise Act (2016) and its regulations, the mandatory corporate social responsibility (CSR) is now set for implementation. As per the provisions made in the law, all medium and large scale units and small scale units with a turnover of Rs 150 million are obliged to allocate minimum one percent of their net profits into CSR budgets every year.