{"id":16548,"date":"2014-09-15T04:58:37","date_gmt":"2014-09-15T04:58:37","guid":{"rendered":"http:\/\/vskills.in\/certification\/blog\/?p=16548"},"modified":"2024-04-03T13:20:35","modified_gmt":"2024-04-03T07:50:35","slug":"2-ruling-a-step-towards-developed-india","status":"publish","type":"post","link":"https:\/\/www.vskills.in\/certification\/blog\/2-ruling-a-step-towards-developed-india\/","title":{"rendered":"2% RULING: A STEP TOWARDS DEVELOPED INDIA"},"content":{"rendered":"<p style=\"text-align: center\"><a ref=\"magnificPopup\" href=\"http:\/\/vskills.in\/certification\/blog\/wp-content\/uploads\/2014\/09\/2-ruling-a-step-towards-developed-india.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-16573\" src=\"http:\/\/vskills.in\/certification\/blog\/wp-content\/uploads\/2014\/09\/2-ruling-a-step-towards-developed-india.jpg\" alt=\"2-ruling-a-step-towards-developed-india\" width=\"300\" height=\"225\" \/><\/a><\/p>\n<p>The 2% ruling introduced by the Indian law on 1<sup>st<\/sup> of April 2014 as a CSR law has made a huge impact on Indian firms. It\u2019s mandatory for the companies to share 2% of their net profits for a charitable cause. India is the first country to mandate a minimum spend of 2% of the net profit on corporate social responsibility initiatives. But a question that arises in mandating this law in a country like India which is facing multiple socio-economic challenges is that will it be able to utilise these funds properly? \u00a0NGOs and business debate on this.<\/p>\n<p>India being a country were only 36% of our population is having clean toilets to access, in such a surrounding while our government is able to establish social economic development? Our government has set some specific guidelines on how CSR activities have to be handled. For this a CSR committee that include independent directors will be made in each company. It will be responsible for preparing a detailed plan of the activities, expenditure and the type of activities, roles and responsibilities of various activities that have to be undertaken. The board is required to approve the CSR policy and disclose its contents in their report and also they have to publish the same details on their company&#8217;s official website. If the company is unable to spend the prescribed amount, the board is required to specify the reasons for the same in their report.<\/p>\n<p>The government suggests the companies to include activates like promote education as India is a developing country and if we want to see ourselves among the top 10 developed countries we have to educate our people and specially we have to focus on girl child education as one literate women can educate many others . Companies like Wipro and TATA have invested large amount of their profits into Education. Also we have to focus on environmental sustainability and protection of national heritage. These activities are undertaken my NGO foundations established by the companies.<\/p>\n<p>We all have to make it our moral responsibility to help become a developed country and if this law is followed properly India soon will be a developed nation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 2% ruling introduced by the Indian law on 1st of April 2014 as a CSR law has made a huge impact on Indian firms. It\u2019s mandatory for the companies to share 2% of their net profits for a charitable cause. India is the first country to mandate a minimum spend of 2% of the&#8230;<\/p>\n","protected":false},"author":36,"featured_media":16573,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_joinchat":[],"footnotes":""},"categories":[1529],"tags":[809,808,728,722,725],"class_list":["post-16548","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-human-resources-2","tag-2-csr-law","tag-2-csr-ruling","tag-corporate-social-responsibility","tag-corporate-social-responsibility-csr","tag-csr"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>2% RULING: A STEP TOWARDS DEVELOPED INDIA - Vskills Blog<\/title>\n<meta name=\"description\" content=\"2% RULING on CSR by Indian Government: India being a country were only 36% of our population is having clean toilets to access. Read here.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.vskills.in\/certification\/blog\/2-ruling-a-step-towards-developed-india\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2% RULING: A STEP TOWARDS DEVELOPED INDIA - Vskills Blog\" \/>\n<meta property=\"og:description\" content=\"2% RULING on CSR by Indian Government: India being a country were only 36% of our population is having clean toilets to access. Read here.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.vskills.in\/certification\/blog\/2-ruling-a-step-towards-developed-india\/\" \/>\n<meta property=\"og:site_name\" content=\"Vskills Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/vskills.in\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/annapurna.gohil\" \/>\n<meta property=\"article:published_time\" content=\"2014-09-15T04:58:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-03T07:50:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2014\/09\/2-ruling-a-step-towards-developed-india.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"300\" \/>\n\t<meta property=\"og:image:height\" content=\"225\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Annapurna Gohil\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Annapurna Gohil\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/2-ruling-a-step-towards-developed-india\/\",\"url\":\"https:\/\/www.vskills.in\/certification\/blog\/2-ruling-a-step-towards-developed-india\/\",\"name\":\"2% RULING: A STEP TOWARDS DEVELOPED INDIA - Vskills Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/2-ruling-a-step-towards-developed-india\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/2-ruling-a-step-towards-developed-india\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2014\/09\/2-ruling-a-step-towards-developed-india.jpg\",\"datePublished\":\"2014-09-15T04:58:37+00:00\",\"dateModified\":\"2024-04-03T07:50:35+00:00\",\"author\":{\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/#\/schema\/person\/0d0c11ef1a92a02731a5d1ce01edb143\"},\"description\":\"2% RULING on CSR by Indian Government: India being a country were only 36% of our population is having clean toilets to access. Read here.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/2-ruling-a-step-towards-developed-india\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.vskills.in\/certification\/blog\/2-ruling-a-step-towards-developed-india\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/2-ruling-a-step-towards-developed-india\/#primaryimage\",\"url\":\"https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2014\/09\/2-ruling-a-step-towards-developed-india.jpg\",\"contentUrl\":\"https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2014\/09\/2-ruling-a-step-towards-developed-india.jpg\",\"width\":300,\"height\":225},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/2-ruling-a-step-towards-developed-india\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.vskills.in\/certification\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"2% RULING: A STEP TOWARDS DEVELOPED INDIA\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/#website\",\"url\":\"https:\/\/www.vskills.in\/certification\/blog\/\",\"name\":\"Vskills Blog\",\"description\":\"Vskills - A Initiative in Assessment to Enhance Employability\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.vskills.in\/certification\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/#\/schema\/person\/0d0c11ef1a92a02731a5d1ce01edb143\",\"name\":\"Annapurna Gohil\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.vskills.in\/certification\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ea984de7dc1ac056499343de021b0d25f655e9f2ff01f912ebe5c6dbde7bc4d7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ea984de7dc1ac056499343de021b0d25f655e9f2ff01f912ebe5c6dbde7bc4d7?s=96&d=mm&r=g\",\"caption\":\"Annapurna Gohil\"},\"sameAs\":[\"https:\/\/www.facebook.com\/annapurna.gohil\",\"https:\/\/twitter.com\/annapurnagohil\"],\"url\":\"https:\/\/www.vskills.in\/certification\/blog\/author\/annapurna-gohil\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"2% RULING: A STEP TOWARDS DEVELOPED INDIA - Vskills Blog","description":"2% RULING on CSR by Indian Government: India being a country were only 36% of our population is having clean toilets to access. Read here.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.vskills.in\/certification\/blog\/2-ruling-a-step-towards-developed-india\/","og_locale":"en_US","og_type":"article","og_title":"2% RULING: A STEP TOWARDS DEVELOPED INDIA - Vskills Blog","og_description":"2% RULING on CSR by Indian Government: India being a country were only 36% of our population is having clean toilets to access. Read here.","og_url":"https:\/\/www.vskills.in\/certification\/blog\/2-ruling-a-step-towards-developed-india\/","og_site_name":"Vskills Blog","article_publisher":"https:\/\/www.facebook.com\/vskills.in","article_author":"https:\/\/www.facebook.com\/annapurna.gohil","article_published_time":"2014-09-15T04:58:37+00:00","article_modified_time":"2024-04-03T07:50:35+00:00","og_image":[{"width":300,"height":225,"url":"https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2014\/09\/2-ruling-a-step-towards-developed-india.jpg","type":"image\/jpeg"}],"author":"Annapurna Gohil","twitter_misc":{"Written by":"Annapurna Gohil","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.vskills.in\/certification\/blog\/2-ruling-a-step-towards-developed-india\/","url":"https:\/\/www.vskills.in\/certification\/blog\/2-ruling-a-step-towards-developed-india\/","name":"2% RULING: A STEP TOWARDS DEVELOPED INDIA - Vskills Blog","isPartOf":{"@id":"https:\/\/www.vskills.in\/certification\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.vskills.in\/certification\/blog\/2-ruling-a-step-towards-developed-india\/#primaryimage"},"image":{"@id":"https:\/\/www.vskills.in\/certification\/blog\/2-ruling-a-step-towards-developed-india\/#primaryimage"},"thumbnailUrl":"https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2014\/09\/2-ruling-a-step-towards-developed-india.jpg","datePublished":"2014-09-15T04:58:37+00:00","dateModified":"2024-04-03T07:50:35+00:00","author":{"@id":"https:\/\/www.vskills.in\/certification\/blog\/#\/schema\/person\/0d0c11ef1a92a02731a5d1ce01edb143"},"description":"2% RULING on CSR by Indian Government: India being a country were only 36% of our population is having clean toilets to access. Read here.","breadcrumb":{"@id":"https:\/\/www.vskills.in\/certification\/blog\/2-ruling-a-step-towards-developed-india\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.vskills.in\/certification\/blog\/2-ruling-a-step-towards-developed-india\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.vskills.in\/certification\/blog\/2-ruling-a-step-towards-developed-india\/#primaryimage","url":"https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2014\/09\/2-ruling-a-step-towards-developed-india.jpg","contentUrl":"https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2014\/09\/2-ruling-a-step-towards-developed-india.jpg","width":300,"height":225},{"@type":"BreadcrumbList","@id":"https:\/\/www.vskills.in\/certification\/blog\/2-ruling-a-step-towards-developed-india\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.vskills.in\/certification\/blog\/"},{"@type":"ListItem","position":2,"name":"2% RULING: A STEP TOWARDS DEVELOPED INDIA"}]},{"@type":"WebSite","@id":"https:\/\/www.vskills.in\/certification\/blog\/#website","url":"https:\/\/www.vskills.in\/certification\/blog\/","name":"Vskills Blog","description":"Vskills - A Initiative in Assessment to Enhance Employability","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.vskills.in\/certification\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.vskills.in\/certification\/blog\/#\/schema\/person\/0d0c11ef1a92a02731a5d1ce01edb143","name":"Annapurna Gohil","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.vskills.in\/certification\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ea984de7dc1ac056499343de021b0d25f655e9f2ff01f912ebe5c6dbde7bc4d7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ea984de7dc1ac056499343de021b0d25f655e9f2ff01f912ebe5c6dbde7bc4d7?s=96&d=mm&r=g","caption":"Annapurna Gohil"},"sameAs":["https:\/\/www.facebook.com\/annapurna.gohil","https:\/\/twitter.com\/annapurnagohil"],"url":"https:\/\/www.vskills.in\/certification\/blog\/author\/annapurna-gohil\/"}]}},"_links":{"self":[{"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/posts\/16548","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/comments?post=16548"}],"version-history":[{"count":5,"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/posts\/16548\/revisions"}],"predecessor-version":[{"id":73719,"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/posts\/16548\/revisions\/73719"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/media\/16573"}],"wp:attachment":[{"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/media?parent=16548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/categories?post=16548"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vskills.in\/certification\/blog\/wp-json\/wp\/v2\/tags?post=16548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}