2 months ago
1
HYDERABAD
Chief Minister A. Revanth Reddy has announced that the Telangana Government would present a peculiar argumentation for effectual utilisation of much Corporate Social Responsibility (CSR) funds from firm companies and industries.
In a determination to promote companies to donate much CSR funds, the CM ordered officials to organise yearly events to felicitate the managements and representatives of companies that lend much CSR funds. The felicitation should beryllium portion of State Formation Day, helium said.
Mr. Reddy besides decided to found a dedicated CSR compartment astatine the State-level with a abstracted office. The compartment would beryllium liable for coordinating CSR initiatives, arsenic good arsenic compiling accusation connected projects disposable crossed assorted authorities departments.
A dedicated ‘Telangana CSR Portal’ was besides approved. The portal volition service arsenic an important nexus betwixt the authorities and firm entities. The portal volition besides diagnostic broad details of assorted projects — spanning crossed antithetic authorities departments — unfastened for firm funding.
The CM emphasised that the portal should beryllium designed successful an engaging and user-friendly manner, enabling firm firms to easy link with the authorities and prime projects that align with their circumstantial interests and objectives.
During the meeting, the officials apprised the Chief Minister that TG’s stock of CSR contributions presently stands astatine a specified 3% of the nationalist total. The Chief Minister further instructed officials to survey the strategies adopted by different States.
Chief Secretary K. Ramakrishna Rao, Principal Secretary to CM Seshadri, Special Secretary to CM Ajit Reddy, Secretary to CM Manikyaraj, Yogita Rana, Shashanka, Bhavesh Mishra, Nikhil Chakravarthy, and different officials were present.
