Corporate social responsibility in the time of corona virus
Rohit Kumar Pareta
Corporate India announcement March 23 Covid-19-related expenditure included donations to the prime minister’s national relief fund (PMNRF) within allowable CSR spending. The government were serious about co-opting the corporate sector meaningfully in the fight against Covid-19, it could have specified activities with durable benefits beyond cheque-writing. Some private companies and public sector banks, for instance, have involved their CSR administrations in helping state governments provide food and shelter for migrants and quarantine centers. PM Modi initiated PM-CARES, made effective through an Ordinance, improves on the government’s PMNRF, which Jawaharlal Nehru set up in 1948, on several counts.