CSR and Skill Development Projects in India (FY2019)
May 20, 2020
With the structural, demographic and technological transformations in the economy, skill development emerges as a crucial sector to groom the new entrants into the labour force. Skill development finds a place in the Schedule VII that prescribes areas for CSR programme of companies which are under the ambit of mandatory CSR provisions. Also, some other prescribed activities under this Schedule are directly or indirectly connected with skilling. Being an enabler, CSR has a key role to play in meeting the skill development requirements across India.
Through this report, we bring to you the key insights of the CSR contribution to the skill development projects in the financial year 2018-2019. Our research comprises of analysis across industry types, company types, geography, scale of projects, identifying the key sub-thematic areas, evaluating the performance in aspirational districts and the trends in SDG reporting. We further closely investigate the patterns of CSR expenditure across the key sub-thematic areas of skilling infrastructure, urban livelihoods, digital skilling, rural livelihoods and PwD skilling.
The analysis is conducted for 613 companies which contributed to CSR in FY 2019 through around 8501 projects and a consolidated commitment of INR 12143.77 Cr.
Key Highlights:
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Source
CSRBOX is India’s leading CSR knowledge and impact intelligence driven partnership platform for the development community. It serves as an enabler, encouraging collaboration and partnerships between CSR stakeholders.
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