Latest News | Govt Unveils CSR Policy to Foster Partnerships with Organisations

New Delhi, Jan 13 (PTI) The Ministry of Women and Child Development (WCD) has unveiled a new CSR policy to promote partnerships with organisations, individuals, and corporates, a senior official said.

The policy named Pankhudi is designed to support activities under three flagship missions: Mission Saksham Anganwadi and Poshan 2.0, Mission Shakti, and Mission Vatsalya.

Also Read | EPFO ATM Card, Mobile App: From EPFO 3.0 Launch Date to Withdrawal Limits, Here's All You Need To Know.

The ministry plans to launch a dedicated portal for Pankhudi modelled after the Education Ministry's Vidyanjali portal.

This portal will facilitate the registration of potential contributors and streamline the identification and approval process for Corporate Social Responsibility (CSR) projects. It aims to ensure transparency and efficiency in fostering collaborations, the official said.

Also Read | What Is a Penny Stock? Risks, Rewards and Other Details About Shares of Companies That Trade at Low Prices.

Under the Pankhudi initiative, CSR contributions can be utilised for specific activities detailed on the ministry's website.

Approval for projects will depend on their scope, with district magistrates overseeing district-level projects, state-level projects being approved by principal secretaries or secretaries of the state in WCD departments.

Multi-state projects will being handled by WCD or national organisations such as Federation of Indian Chambers of Commerce & Industry (FICCI), Confederation of Indian Industry (CII) and Associated Chambers of Commerce & Industry of India (ASSOCHAM), officials said.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)