11th January 2020: A rule passed by the Indian Government in 2014 mandated corporates with at least INR 5 Cr profit, INR 1000 Cr turnover or INR 500 Cr net worth to spend 2 percent of their three year average annual net profits on CSR activities each financial year.
Everyone is looking to do their bit for the greater good, whether big or small and Indian companies have been trying to bring a positive change in the society by engaging in CSR initiatives. These corporates are striving to invest in CSR projects that can add value to their brands but these corporates are facing many challenges when it comes to designing and implementing the CSR projects. It takes immense potential to propel any activity towards creating a positive impact.
Here comes the platforms to rescue the company to invest in right CSR activity. They are helping corporates strategize, implement and track their CSR products through AI technology even on a daily basis. These platforms which are helping the companies to invest in CSR are:
Buddy4study: Buddy4Study is India’s largest financial match-making platform committed to making quality education accessible to all. They focused on facilitating simplified access to finances for students through scholarships while democratising the disbursement processes for providers. More than 2 million prospective learners log on to the platform every month – with a daily average of 90,000 students – to seek financial assistance for pursuing higher education. Boasting an expanding user base of 23 lakh students registered on the platform, Buddy4Study has facilitated over 80,000 scholarships worth INR 90 crore to date.
Vidyasaarathi: Vidyasaarathi is a technology-enabled initiative by NSDL e-Governance Infrastructure Limited (NSDL e-Gov) to bridge the gap in education finance in the country through an online platform. Students can search and apply for various education finance schemes they are qualified for. Fund providers, industries, and corporates can promote skill development by designing education finance schemes in Vidyasaarathi and manage these schemes.
Shiksha.com – Shiksha.com is a one-stop-solution making course and college selection easy for students looking to pursue undergraduate (UG) and postgraduate (PG) courses in India and abroad; also accessible to users on the move through the website’s mobile site. Launched in 2008, Shiksha.com belongs to Info Edge (India) Ltd, the owner of established brands like Naukri.com, 99acres.com, Jeevansathi.com, among several others. With this strong brand pedigree, Shiksha offers its users the unique privilege of customised tools like Alumni Employment Statistics that includes salary data powered by Naukri.com.
Collegedunia.com: An extensive search engine for the students, parents, and education industry players who are seeking information on higher education sector in India and abroad. One can rely on Collegedunia.com for getting most brief and relevant data on colleges and universities. CollegeDunia has been created to fulfill a vision of empowering students with knowledge so that they make a wiser decision while choosing their career and alma mater.
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