Q.2) Discuss the significance of recent amendments related to Corporate Social Responsibility (CSR). Analyse the merits and demerits of the same. (150 words)
Why this question?
- The Corporate Affairs Ministry has amended the rules for Corporate Social Responsibility (CSR) expenditure.
Key demand of the question: The answer should analyse the amendments in the rules for Corporate Social Responsibility (CSR) expenditure.
Discuss: One has to debate on the topic and enumerate its pros and cons.
Introduction: Briefly define CSR, key features of Companies Act, 2013 related to CSR
- Importance of CSR
- Explain the recent amendments done in CSR rule including amendments in Companies Act. 2013
- Evaluate the merits and demerits
- Provide your opinion on the significance of amendments
Conclusion: Summarize the discussion