A High Level Committee on Corporate Social Responsibility – 2018 (HLC-2018) has been constituted under the Chairmanship of Shri. Injeti Srinivas, Secretary, Ministry of Corporate Affairs (MCA) to review the existing framework and guide and formulate the roadmap for a coherent policy on Corporate Social Responsibility ( CSR).
The Committee will analyze outcomes of CSR activities/programmes/projects and suggest measures for effective monitoring and evaluation of CSR by companies. Suggestions are also expected on innovative solutions, use of technology, platform to connect stakeholders, and social audit.
The provisions of Section 135 of Companies Act, 2013 (Act) pertaining to Corporate Social Responsibility (CSR) came into force on 01.04.2014 with a view to promoting responsible and sustainable business through inclusive growth.
The composition of High Level Committee is as follows:
|Secretary, Ministry of Corporate Affairs||Chairperson|
|DG, Indian Institute of Corporate Affairs||Member|
|Chairman, SEBI or his representative (not below the rank of ED)||Member|
|Mr. N. Chandrasekharan, Chairman Tata Sons||Member|
|Mr. Amit Chandra, MD, Bain Capital Private Equity||Member|
|Mr. P. S. Narasimha, Additional Solicitor General||Member|
|Prof. Anil K Gupta, Founder Honey Bee Network & Prof. IIM-A||Member|
|Mr. Prakash Padukone, Former World Badminton Champion, Arjuna Awardee & Padma Shri||Member|
|Mr. S Santhanakrishnan, CA & Consultant||Member|
|Mr. Mathew Cherian, CEO Helpage India||Member|
|Joint Secretary, Ministry of Corporate Affairs||Member Convener|