The helping hand for indian universities it may be corporate ,businessman,NGOs
The helping hand for indian universities it may be corporate ,bussinesman,NGOs The future of indian universities (public and private) will significantly depend upon our ability to harness the possibility of individual ,institutional and corporate philanthrophy for the purposes of higher education. A major legal and policy reform to promote some from of mandatory corporate social responsibility(CSR) was initiated through the companies Act ,2013 path breaking it had the potential to transform the relation ship between business and society. Unfortunately,the result so far have not been encouraging. The ministry of corporate Affairs(MCA) has observed that among the 5,097 campanies that have filed annual report till december 2016, only 3,118 companies had made some contributiin towards CSR espenditure and most were to the prime minister Relief fund. This also show the companies in india have generally not understood the larger goals of CSR viewing it more as a charitable endeavour. The...