Working with NGO’s is also preferable for companies because they are well acquainted with their norms and guidelines, which makes it easier to understand and keep things transparent.
Collaborate with NGOs for your CSR in Education in India
1.
2. Introduction
•Corporate social responsibility (CSR) activities bring positive reforms in the society and create goodwill
amongst society, shareholders, customers and employees
•It has become a way to earn respect in business communities
•Unlike major corporate not all companies have that bandwidth and funds to research and find out areas
where they can contribute towards the society.
•These companies look up to NGOs and foundations to help them carry out their CSR contributions.
3. Recent Reforms in CSR in India
•The recent changes in the Companies Act have stated that CSR spend to be mandatory and companies
should spend at least 2% of their net profit on CSR activities
•Companies will have to conduct CSR activities in the India only and work on upliftment of the society
•Implementation guidelines say, a company can also funnel its CSR activities through registered Trusts,
societies or foundations
4. NGOs in India
•India has observed a boom in formation of NGOs in India in recent years
•CBI in its report presented to the apex court conservatively gauged total of 30,81,873 NGOs in 26 states
and 7 Union Territories in India.
•Corporate CSR collaboration NGOs can work out focused efforts towards their social objectives
5. NGOs for CSR Initiatives
•As per a study by ASSOCHAM, The Associated Chambers of Commerce & Industry of India, about 67 per
cent of domestic corporate have chosen NGOs to partner closely for discharging their CSR initiatives
•58 per cent companies preferred government departments
•200+ NGOs in the country are specialised in CSR projects
•Corporate are now looking for such NGOs and trusts which would help and guide them to undertake CSR
activities
•Working with NGO’s is preferable for companies because they are well acquainted with their norms and
guidelines, making it easier to understand and keeping things transparent
•Company should work hand in hand with the NGO for the betterment of the society and not just allocate
or donate funds and get away with responsibility
6. List of NGOs in the education sector
•Teach for India
•Pratham
•Plan India
•Make a difference
•Nanhi Kali
•Uday Foundation
•The Azim Premji Foundation
•Muktangan
•Educate Girls
•Asha for Education
•Barefoot College-India:
•Cry
•SMILE FOUNDATION
•I – India
•Eureka Child Foundation
•Asha Kiran Special needs children school
7. CSR Solution by STEM learning Pvt Ltd
•Companies can collaborate with STEM Learning Pvt Ltd to offer Mini Science Centres to schools under CSR
their activities through any NGO working in Education sector
•Mini Science Centre consists of 60 science working models based on science and math syllabus from class
5 to class 10
•Partnered JSW, L&T Infotech, Lupin Pharma, Ultra Tech Cement, Bank of Baroda, Pidilite, etc for their CSR
initiatives
•Installed over 325 Mini Science centres across India in government & private schools bridging quality
education gap
•Within 3 years, STEM has setup 40 mega science centres and 80+ mini science centres benefitting more
than 4,50,000 students in urban and rural schools across the country