Corporate Social Responsibility (CSR) can be simply defined as the grants and funding process under which various Non-profit Organizations (NGOs) can get financial and other assistance from the corporate sector. As per the Sub-section 1 of Section 135 of Companies Act, 2013[1] it is a mandatory provision to provide a contribution of 2% of the average net profits of companies. Under this act, the CSR provision is applicable for every company that has a net worth of rupees 500 crores or more, or a net profit of rupees 5 Crores or more during any financial year or subsequently a turnover of rupees 1000 crores or more.

India holds the position of the very first country in the world to have made Corporate Social Responsibility (CSR) mandatory post the Amendment of the Companies Act, 2013 in early April 2014. By the virtue of this, businesses are allowed to invest all the profits earned by them in fields such as education, gender equality, poverty, and hunger as a crucial part of any CSR compliance. Further, amidst the coronavirus outbreak, the Ministry of corporate affairs has recently notified that a company’s expenditure which is utilized to fight the pandemic shall also be considered valid under various CSR activities. Under this, funds may be spent on numerous activities which are in relation to the COVID-19 pandemic such as the promotion of healthcare including preventive sanitation and healthcare, disaster management etc.

Benefits of CSR Projects:

• It increases employee engagement.
• Ability to have a positive impact in the community
• Improves bottom-line financials.
• It supports local and global communities.
• Contributes to the United Nations’ 17 Sustainable Development Goals.
• Increases investment opportunities.
• Presents press opportunities.
• Increases customer retention and loyalty.

Our government had launched various programs to upskill the youth in our country. As a part of it all the MNC companies are also supporting by various skill development projects across our county in funded mode, free certification for their skills mode, or giving some direct training from their companies.

RatifyMe under its flagship program “CCC – Campus Connect to Corporate” we are also providing the services to the corporate companies to find the right centre in India. We also help the institutes to acquire funding from our client companies. We are also giving accreditation and affiliation under RatifyMe as per the corporate norms for various institutes under our Network to provide CSR funds from our clients based upon the availability of funds and locality where our clients want to run their programs under CSR.

Interested Colleges, Institutes, NGO’s, Companies can register their establishment to get funds if any for your area from any one of our clients. Getting accreditation or affiliation do not guarantee of getting funds under CSR or any mode. This is a voluntary process to be as a member in our network.

Note: We are not charging any type of fee or application cost tie up with RatifyMe. We do not give any authorization to any of the Company or Third party agencies to give accreditation and affiliation. We process your application through online mode only.

Feel free to write us at csr@ratifyme.in for accreditation and affiliation.