Corporate Social Responsibility Empowering the Disabled
The CSR Act came into force in 2013 with the rules governing deployment of funds specified in Section 135 of the act. Amendments or additions to the rules have been notified while the basic deployment has not changed much.
After the first five years which focused largely on programmes, corporates have started looking at non-programmatic options. Non-programmatic spends typically cover core costs in organisations, sectoral capacity building and ecosystem buildouts. As per the CSR Act, these also must be rendered through non-profit vehicles.
Examples of sectoral capacity building would be Azim Premji University for education, Incubation centres supported by the government, ministerial initiatives like BIRAC etc. www.artilab.
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