Skills as CSR
Government of India guidelines
Under the new Companies Act, certain class of profitable entities are required to shell out at least two per cent of their three-year annual average net profit towards Corporate Social Responsibility (CSR) activities. The ministry has also prepared an illustrative list of activities that can be classified as CSR work.
Among them, “Employment enhancing vocational skills” would be considered as a CSR activity provided that it is not part of the particular company’s business. CSR rules are applicable to companies having at least Rs. 5 crore net profit, or Rs. 1,000 crore turnover or Rs. 500 crore net worth.
JobsAcademy – Sustainable and Scalable Partnership Models
JobsAcademy an NSDC partner company can help you mobilize youth, impart livelihood skills and fill your own skills gap. With a robust mechanism to Monitor effectiveness, measure impact and create sustainable shared value. JobsAcademy’s proven expertise in capability building can partner you to fulfill both business and CSR goals.