GUWAHATI, March 22 � Industry body FICCI recently organised a roundtable on �Perspectives on Corporate Social Responsibility (CSR)� in collaboration with �ICCo�, here in the city.
The roundtable witnessed interaction between a varied diaspora of corporates and civil society organisations, a press release said.
�If properly channelised, the CSR funding could result in creation of enormous amount of social capital and could play a transformative role in the Indian economy,� Rajesh Prasad, Commissioner of Industries and Commerce, Government of Assam, said during the event.
Jyoti Vij, Deputy Secretary General of FICCI, highlighted important aspects of the CSR rules.
�Around 8,000 companies in India would fall under the ambit of the CSR provision. This mandate would translate into an estimated CSR spending of $1,945-$2,442 million annually,� she said.
Biswajit Chakrabarty, head of FICCI�s regional office in Guwahati, said that with the importance of CSR gaining increasing prominence in recent times, FICCI would play a major role in creating dynamic linkages between the government, industry, NGOs and civil society organisations.
