NEW DELHI: The government is looking at ways of making corporate social responsibility (CSR) commitments more relevant. The monetised value of the manpower provided by a company will be considered toward its CSR contribution of 2% of profit as mandated under the Companies Act. Experts said the corporate sector needs to be incentivised to take part in skilling activities in rural areas. "There is a lack of good mentoring in rural areas not talent," said Ashok Pamidi , senior director, Nasscom . "Companies should be extended CSR benefits for sponsoring incubation centres, for instance...

Source: Economic Times September 04, 2016 23:26 UTC