For which companies CSR is mandatory ?
The Act requires companies with a net worth of ?500 crore or more, or turnover of ?1,000 crore or more, or a net profit of ?5 crore or more during the immediately preceding financial year, to spend 2 per cent of the average net profits of the immediately preceding three years on CSR activities
What is the relationship between CSR and NGO ?
Since NGOs take funding from corporations, they may be inclined to serve corporate interests. This satisfies their current donors and induces new corporate sponsors. Corporations fund NGOs as part of their CSR and CSR is marketing driven. NGOs may then conduct activities that look good to consumers.
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