CSR spends to include training and skills enhancement expense

Courtesy:CauseBecause Citizen Bureau, July 1, 2011

According to the ministry of corporate affairs, the expenses incurred in training and skills enhancement of employees can be counted as a company’s contribution towards corporate social responsibility (CSR), and can be included in CSR spends in the annual report.

The provision has been added in the new Companies Bill, which will be tabled in Lok Sabha. The bill proposes that companies with a net worth of Rs 500 crore and above or turnover of Rs 1,000 crore should voluntarily spend two per cent of their net profits towards CSR activities and report these to their shareholders in annual reports.

‘We are looking at a structured regime where India Inc. may execute certain measures and be considered compliant with CSR activities. These activities have to be reported in a particular format by companies in their annual reports. The information they need to provide include money spent on CSR, details on vocational training provided, institutions and non-government organizations engaged in training, number of people trained and/or absorbed, or self-employed,’ an official in the ministry of corporate affairs told The Indian Express.

Early this month, Chief Election Commissioner SY Qureshi had said that CSR is not charity but a question of one's very survival. Attending a conference organized by the Bombay Chamber of Commerce and Industry, Qureshi had said that India needs Warren Buffet and Bill and Melinda Gates to teach corporate houses about the need for CSR. ‘What you do is not CSR but corporate social compulsion,’ he had stated.

In December 2009, the ministry had announced voluntary CSR norms on how firms can deal with the expectations of stakeholders and society. A parliamentary standing committee had proposed later that the new Companies Bill must ask companies to mandatorily spend two per cent of their profits towards CSR activities. The ministry, however, plans to make such spend voluntary.

http://www.causebecause.com/news-detail.php?NewsID=370

eJeevika New Lauches

Launcing a New center in Village Rajpur, Maharajganj District of Eastern UP on 13th June,2011.
Launching a New center in Puthimari-Kamrup District, Gwahati, Assam on 12th June,2011.

Corporate Workshops

eJeevika believes that people provide the competitive edge in any organisation. Our mission statement, our quality policy, our core values support the importance we place on helping organisations meet business objectives. Today, the development of human resources is more critical than ever. Competition is global, and change is constant.
Advancement in technology and work systems means that people must continue to learn at an unparalleled rate. Keeping up with change is no longer enough; the challenge is to anticipate and capitalise on change as opportunities unfold.
We have entered the 21st century and eJeevika is well prepared to support your business needs. We have the knowledge, systems, and experience to position your people and organisation for success.
Our team of highly qualified professionals listens to our clients, identifies their needs, and develops customized interventions to meet those needs. We recognize that every organization is unique, with different needs and objectives. By taking a holistic approach to meet these needs, we offer our services in an integrated fashion – setting strategy, implementing solutions and evaluating its effectiveness.

By developing Learning Systems and Learning Infrastructure eJeevika HR has worked with some of the largest names across industries to create strong learning systems and learning infrastructure.

We have helped develop proactive learning functions for various companies. These have worked as business enablers, creating an edge in people delivery systems.

We aim to ensure that the Training and Development Function in an organization works on a Businesscentric Approach - not only creating value through their activities but also enhancing performance effectiveness.

eJeevika offers a bouquet of Workshops and Programs for Corporate:

-Team Building Training
-Leadership Training
-Communication Training
-Goal Setting Training
-Sales- Retail Training
-Sales- Corporate Training



Please Contact info@ejeevika.com for further details.

Launching 'Impaconnect'

eJeevika is launcing 'IMPACONNECT', a short term training initiative for MBA students.




The course will be available at the 'Authorised Learning Centers' in various states.
The training is aimed at making the candidate 'employer ready'.

Receiving Employment Letter post Training

Candidate Mohan (Thiruvallur District, Uthukottai) receiving Employment offer letter after being trained by eJeevika. He will be working as a Sales Executive at the District level and will be responsible to sell IT products to various stake holders. His CTC is Rs.6,000/- plus incentives.

In February and March,2010 a batch of 38 students have been successfully being placed in verticals like FMCG, Health care and ITES.

Award- India Today Emerging Entreprenuer

http://indiatoday.in/womansummit/index.php?option=com_content&task=view&issueid=34&id=2679§ionid=1&Itemid=1&secid=

AMWAY INDIA TODAY WOMAN EMERGING ENTREPRENEUR
Richa Pandey Mishra, Founder, eJeevika HR
CITATION: For creating an employment network that successfully bridges the skill gap and helps rural youth connect with high growth industries.
Profile: For creating an ICT based training and placement bureau that provides training and a guaranteed job within the vicinity of the village at an affordable price.

The company works on partnership with local internet kiosks to provide training and placement to rural employable youth. It has placed more than 250 candidates to date. A trained candidate gets a salary ranging from Rs 4,000-Rs 10,000 and works on a franchisee model where the local internet centers share 50 per cent of the revenue generated from the candidates.

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