Fiinovation CSR - Role of Govt in CSR

Earlier the government alone was responsible to develop the society and to maintain the environment, for this purpose many projects were implemented as it was the duty of the government to look after the society. Due to growth in industries and increase in revenue, it becomes the responsibility of the companies to manage the society, environment and other factors, it can be possible by investing in Corporate Social Responsibility (CSR) activities.

Corporate social responsibility is getting recognition in India and also the corporates started realizing the importance of the CSR activities.

After the amendment of the Companies Act, 2013 India has become the first country in the world to make corporate social responsibility mandatory. The growth in the CSR in India has made changes in the corporate governance system as they are influenced by family value, tradition, culture and religion by industrialization. The government encourages the corporates to contribute rightly in the growth of society by activities like rural education, environment protection methods, use of eco-friendly products, rainwater harvesting, waste management, tree plantation activity, and helping the needy during crises.

E.g - Many reputed companies like TATA and Reliance have taken the initiative to help people during the pandemic of Covid-19, though the government is also making affords to handle the situation and to fulfil the basic necessity of people like Food, shelter and hospital facilities, the corporates are also taking the initiative to fulfil it. 

Innovative Financial Advisors Pvt Ltd (Fiinovation) is a leading research and advisory firm that offers expertise in corporate social responsibility (CSR) and sustainability domain. Fiinovation bridges the gap between the corporates and NGO so that they can implement their CSR activities in the right sector. Fiinovation provides guidance to the corporates about the Fiinovation CSR activities and also helps them to make it successful. Fiinovation CEO Dr Soumitro Chakraborty has been awarded as’’ Most admired leader for CSR and Sustainability ‘’ and also the company received ‘’Most caring company’’ award 2015. Fiinovation believes in transparency as each update about their Fiinovation project is available on their social media sites like Facebook, Linkedin, Twitter and Youtube.

As India is a developing country and there are a lot of areas where there is no basic facility, lack of education, lack of employment, improper drinking water facilities and many other issues which need to be addressed. This can be possible by implementing the Fiinovation CSR activities in every part of the country. The corporates can also take the responsibility to reduce the cause of pollution created by them, around 77 % of industries cause water pollution 15% cause air pollution as per the source. So the corporates should take the initiative to make changes in their working environment by implementing CSR activities.

The main objective of CSR is to serve society and the environment, this can be possible by involving both business and government together to contribute towards the objective and to bring changes in society.

Fiinovation CSR activities are appreciated by many corporates and also encouraged them to participate in it. Information about different Fiinovation projects are updated on their website.We can contact Fiinovation through the following links:

Fiinovation Facebook

Fiinovation Linkedin

Fiinovation Twitter

To know more information about Fiinovation and to get updates about the projects you can stay connected through Fiinovation Client Login.
Fiinovation Delhi NGO address: 24/30, Ground Floor,Okhla Industrial Estate, Phase-III

New Delhi – 110020, Delhi, India