Daily Current Affairs on National Corporate Social Responsibility Awards for UPSC Civil Services Examination (General Studies) Preparation

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National Corporate Social Responsibility Awards

The NCSRA has been instituted by the Ministry of Corporate Affairs to recognize outstanding contribution in the field of Corporate Social Responsibility (CSR). 

The NCSRA seeks to recognize outstanding projects in following three categories:

  1. Corporate Awards for Excellence in CSR
  2. Corporate Awards in CSR in Challenging Circumstances
  3. Corporate Awards in CSR for contribution to National Priority Schemes
  • With the enactment of Companies Act, 2013 containing the CSR provision under Section 135, the mandate for CSR has now become a part of corporate functioning in the country. 
  • A company required to comply with Section 135 of Companies Act 2013 is eligible to submit application for consideration of National CSR Award in suitable categories. 

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