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Injeti Srinivas High Level Committee
September 30 , 2018
2253 days
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- The Union Ministry of Corporate Affairs (MCA) has constituted High Level Committee on Corporate Social Responsibility – 2018 (HLC-2018) under the Chairmanship of Injeti Srinivas, Secretary, MCA.
- It will review existing framework and guide and formulate roadmap for coherent policy on Corporate Social Responsibility (CSR).
- The Companies Act mandates that
- Firms with a net worth of at least Rs 500 crore or revenue of Rs 1,000 crore or net profit of Rs 5 crore should spend at least 2% of their net profit on CSR.
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