1. HOW TO BENEFIT FROM CSR LAW (Section-135 of the Companies Act 2013) Presentation by Prof.Ranjan Mohapatra Chairman VISION GROUP 1. VISION CONSULTING: a premier corporate consulting firm 2. VISION FOUNDATION : a globally recognized Non-Profit society 3. CSR VISION : India’s first monthly magazine on CSR & Sustainability) April,2014

2. ABOUT MANADATORY CSR PROVISION of Companies Act 2013
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3. COMPOSITION of CSR COMMITTEE :
FEATURES OF SECTION 135 of the Companies Act 2013 ; which makes CSR spending mandatory under
APPLICABILITY :
Net worth of -Rs. 500 crore or more, or more
Turnover of Rs.1000 crore or more ,or more
Net profit of Rs.5 crore or more during any financial year
shall constitute a Corporate Social Responsibility Committee
Of the Board
COMPOSITION of CSR COMMITTEE :
Minimum 3 Directors of which at least 1 shall be Independent Director
ROLE & RESPONSIBILITY of the Committee:
To formulate and recommend to Board, a CSR policy for undertaking permissible activities
To recommend the amount of expenditure to be incurred on CSR activities
To monitor the CSR Policy
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4. FEATURES OF SECTION 135 of the Companies Act 2013 ; which makes CSR spending is mandatory under - Contd
The Board of every company referred to above shall after taking into account the recommendations made by CSR Committee:
approve the CSR Policy for the company and disclose contents of such Policy in its report and also place it on the company’s website, and ensure that the activities as are included in CSR Policy of the company are undertaken by the company, and 
ensure that the company  spends, in every financial year, at least 2 %  of the average net profits made by the Company in a block of three 
(company shall give preference to the local area and areas around it where it operates, for spending the amount earmarked for CSR activities)
If the Company  fails to spend such amount, the Board shall, in its report specify the reasons for not spending the amount.  ƒ
“Average net profit” shall be calculated in accordance with the provisions of 
section 198 of the 2013 Act.
For the purposes of S135, net profit before tax as per books of accounts and 
Shall not include profits earned by branches outside India. 
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5. SCHEDULE VII – PERMITTED CSR ACTIVITIES
Activities which may be included by companies in their CSR Policies
eradicating extreme hunger and poverty;
promotion of education;
promoting gender equality and empowering women;
4.reducing child mortality and improving maternal health;
5. combating human immunodeficiency virus, acquired immune deficiency 
syndrome, malaria and other diseases;
6. ensuring environmental sustainability ;
7.employment enhancing vocational skills;
8.social business projects;
9.Contribution  to the Prime Minister’s Minister's National  Relief Fund or any other fund set up by the Central Government or the State Governments for socio‐economic  development and relief and funds for the welfare of the Scheduled Castes, the  Scheduled Tribes,, other backward classes,, minorities and women; and
10. such other matters as may be prescribed.
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6. POSSIBLE OPTIONS FOR CORPORATE INDIA to deal with the CSR law LOSS vs PROFIT
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7. OPTIONS FOR COMPANIES FALLING UNDER SECTION 135
COMPLYING with the LAW , ANY HOW , spending as less as possible or spending on AD-HOC CHARITY
( EXPENDITURE APPROACH – where CSR expenditure , whatever little goes down the drain- LOSS)
2. BENEFITTING OUT OF THE LAW by integrating CSR in to business processes.
( INVESTMENT APPROACH, where CSR spending goes in to an investment leading to benefits / PROFIT for the company in short, medium and long run)
GAP IN BENEFITS BETWEEN THE TWO APPROACHES IS HUGE , BUT SECOND APPROACH NEEDS INTEGRATED EXPERTISE
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8. UNIQUE STRENGTHS of VISION GROUP and Prof. Ranjan Mohapatra
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9. PROFILE of Prof. Ranjan Mohapatra : Founder Chairman , VISION GROUP
A seasoned management & development professional and a system thinker with more than 30 years of corporate , academic and consulting experience
A pioneer in INDIAN CSR DOMAIN ( drafted CSR Guidelines , promoted the CSR guidelines in colloaboration with Govt.of India, published and edited India’s first CSR & Sustainability magazine)
Consulting experience includes and Corporate Sector in India ( Public & private ) & abroad and the Social sector in India
Domains of expertise in corporate sector include, Corporate Strategy , BPR, Change Management , PMS , Management Audit , Marketing Audit and CSR etc
Domains of expertise in social sector include , Employment Generation / Livelihood, Social Audit , need assessment, programme design and impact assessment.
Leading clients include the world bank , UN agencies , most of the Ministries of GoI

10. CREDENTIALS and EXPERTISE with VISION GROUP
CSR CREDENTIALS- VISION GROUP :
VISION FOUNDATION for Development Management :
( Role in CSR law / policy making )
- Drafted the CSR the first mandatory CSR guidelines for the Public Sector companies ( Dept. Of Public Enterprises, GoI , 2010)
Drafted the CSR Guidelines for the Corporate Affairs Ministry , Govt. of India
Drafted the CSR approach paper for the World bank, India
VISION CONSULTING ( VISION Corporate Management Consulting (p) Ltd ):
( Role in CSR law / policy promotion in collaboration with Govt. of India )
Organised national workshop in collaboration with the Dept. Of Public Enterprises, GoI to launch CSR Guidelines in 2010 and 2013
Conducts national CSR workshops to promote CSR among corporate India
Conducts in-house workshops for companies for supporting CSR internalisation
CSR VISION :
( Voice of CSR Movement of India )
India’s first monthly magazine on CSR & Sustainability
Being published since May 2012
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11. COMPREHENSIVE CSR SERIVES OFFERED by VISION GROUP
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12. COMPREHENSIVE OFFERINGS of VISION GROUP
VISION GROUP is in a unique position to provide an integrated CSR solution for BENEFITTING OUT OF CSR LAW by converting CSR EXPENDITURE in to an INVESTMENT including the followings;
S. N
Integrated CSR Services offered
Expertise
Agency of VISION GROUP 1.
CSR strategy and planning as per law for integrating CSR with business and organisation processes
Strategy Consulting
VISION CONSULTING 2.
CSR Training for bring the top, middle management on board and employees
CSR training
VC / VISION FOUNDATION 3.
CSR Planning for Activity Selection and NGO / implementing partner selection
Development projects and NGO partners , Need assessment survey
VISION FOUNDATION 4.
IMPLEMENTATION & Monitoring
Project MIS and KRA monitoring VF 5.
Impact Assessment
Programme evaluation 6.
Promotion of CSR activities
Media
CSR VISION 7
Reporting to Ministry of Corporate Affairs ( Registrar of Companies )
Accounting and Auditing VC
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13. UNIQUE BENEFITS to CSR IMPLEMENTING COMPANY
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14. SUMMARY BENEFITS TO CSR IMPLEMENTING COMPANY
Reduction in wastage of funds in ad-hoc CSR projects – disconnected strategically to business interest
Improving employee motivation and reduction of employee turnover
Improving CEO image and goodwill
Improving corporate image / goodwill and attracting talent /manpower
Reduces risk in business
Helps accessing capital
Improving Consumer Trust and increase in sales
Improves community relations
Improving Corporate Performance – Bottom line
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15. MILES TO GO -----------------
ARE WE READY ???
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