Employing Differently Abled Persons as Part of CSR Activity



Employing Differently Abled Persons as Part of CSR Activity 

The essence of the provision relating to mandatory implementation of Corporate Social Responsibility by companies above the laid down threshold is to require these companies to deploy at least two percent of their net profits on eligible activities (elaborated in a Schedule to the Act). The provision does not envisage providing direct employment, including employment to differently abled employable youth. However, eligible activities include initiatives for enhancing employability and productivity of such persons. 


The provisions of CSR under the Companies Act, 2013 and Rules made thereunder have come into force only recently, i.e., 01.04.2014. The details about CSR activities undertaken by companies will be available after statutory returns on CSR are filed by companies, which are due after September, 2015. 

This was stated by Shri Arun Jaitley, Minister of Corporate Affairs in written reply to a question in the Rajya Sabha today. 
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Complaints Against Online Trading Companies 

The Competition Commission of India has received information alleging anti-competitive conduct by online retailers, Flipkart India Pvt. Ltd., Jasper Infotech Pvt. Ltd., Xerion Retails Pvt. Ltd., Amazon Seller Services Pvt. Ltd., and Vector e-commerce Pvt. Ltd., etc. The information is under consideration of the Commission. 

A Representation from the Confederation of All India Traders has been received in Ministry of Commerce & Industry and Ministry of Micro, Small and Medium Enterprises alleging unfair trade practices such as predatory pricing and other issues like FDI, taxation etc. by online retailers. 

This was stated by Shri Arun Jaitley, Minister of Corporate Affairs in written reply to a question in the Rajya Sabha today. 

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Identity of Blacklisted Companies 

No such representation regarding concealing the identity of blacklisted companies has been received in the Ministry of Corporate Affairs. However, this Ministry has now received information that a copy of the communication under reference has been sent to Department of Revenue. Information in this regard is being collected from the Department of Revenue, Ministry of Finance and will be submitted on receipt. The letter dated 18th November, 2014 from Shri Kamal Akhtar, MoS (Panchayati Raj), Government of Uttar Pradesh, has been received in the Ministry and the same has been acknowledged vide Ministry’s DO letter No. 7/432/2014-CL II dated 03/12/2014. 

The matter is under examination with Registrar of Companies, concerned. Further action will be taken after the report is received from the ROC. 

This was stated by Shri Arun Jaitley, Minister of Corporate Affairs in written reply to a question in the Rajya Sabha today. 

Employing Differently Abled Persons as Part of CSR Activity Employing Differently Abled Persons as Part of CSR Activity Reviewed by Ajit Kumar on 12:21 PM Rating: 5

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