New CSR guidelines ‘Sagar Samajik Sahayog’

 

Source: PIB

 Context: The Union Minister of Ports, Shipping & Waterways and Ayush has launched the new guidelines for Corporate Social Responsibility (CSR) called ‘Sagar Samajik Sahayyog’.

 

About the guidelines:

  • The guidelines empower ports to directly undertake CSR
  • Ports with a turnover less than ₹100 crores should spend 3-5%, those with a turnover less than ₹500 crores should spend 2-3%, and ports with a turnover more than ₹500 crores should spend 0.5-2% on CSR initiatives.
  • Priority Areas: Allocating a portion of CSR funds for Sainik Kalyan Board, National Maritime Heritage Complex, National Youth Development Fund, and various social and environmental welfare programs.

The implementation and monitoring of CSR projects will be overseen by a Corporate Social Responsibility Committee constituted in each major port.

India has 13 major ports and 205 notified minor and intermediate ports. A list of Major ports in India are:

Name of Port State
Kochi Port Kerala
Ennore Port Tamil Nadu
Haldia Port West Bengal
Kolkata Port West Bengal
Kandla Port Gujarat
Mangalore Port Karnataka
Marmagoa Goa
Mumbai Port Maharashtra
Jawaharlal Nehru Port Maharashtra
Paradip Port Odisha
Tuticorin Port Tamil Nadu
Vishakhapatnam Port Andhra Pradesh
Chennai Port Tamil Nadu