Companies Act Must Amplify, not constrain the idea of CSR
he Companies Bill will soon become a law. My particular knowledge and concern is clearly about only one part of it, which requires that companies of a certain size and profitability contribute 2% of profits to corporate social responsibility (CSR). Many of us, including myself, have opposed this idea vociferously for multiple reasons, and this deliberation is on record for those who wish to know more.