CORPORATE- NGO PARTNERSHIPS IN INDIA- EMERGING TRENDS

1. CORPORATE- NGO PARTNERSHIPS IN INDIA- EMERGING TRENDS With stereotypes being reduced, and businesses adapting to long term business practices and approaches, the role of the non-profit NGOs for CSR in India has been highlighted and enhanced. NGOs (Non- Government Organizations) have increased their resources, experience, and potential steadily. They can partner more effectively with corporates and help fulfill their CSR (Corporate Social Responsibility) goals effectively, by impacting the stakeholders (customers, communities, investors, and employees) and the environment positively. Below are some of the emerging trends of this blossoming, a functional and effective partnership that has brought smiles to the face of thousands and helped improved the environment and livelihood of thousands alike. Copyright © 2018 - Ek Sankalp An Initiative by - Aspiring Team

2. Growing Corporate Demand for the Community Programs Companies earning revenues above a certain monetary amount are required to spend at least 2% of their profits for community upliftment programs and CSR activities. Businesses also fully understand that the betterment of society is in their interests as well, as the business will enjoy a healthier, richer and safer community and market environment in the long run. Most reputed firms now have fully established CSR departments, and others (including private and public sector firms) are closely following the trend. Innovation in CSR Practices Businesses are identifying challenges in the deficit areas, seeking inclusive development and business practices and are also emphasizing on shared value. For instance, low-cost education, housing, transportation, healthcare, and tech is bringing fortunes to the firms interested in serving the lower-income class. Biggest corporate names including Tata, ICICI, and Nokia among others are venturing into the underserved markets, and are exploring innovative solutions to better mankind and populations while making the environment more sustainable. The national and state governments are also taking initiatives in this sphere, by establishing institutions like the National Skill Development Corporation, which aim to uplift the status of the lower and deprived sections of societies. Strategic Upliftment Pursued By the Biggest Of Corporate Foundations Reputed corporate foundations including Tata Trusts and the Paul Foundation among others are leading inequity removal and upliftment programs. These foundations are pooling resources and tying up with NGOs for CSR in India, for making a comprehensive and visible positive impact. Copyright © 2018 - Ek Sankalp An Initiative by - Aspiring Team

3. The future of CSR-NGO partnerships is bright. Organizations of both the worlds are pooling their resources and expertise and delivering to their promise. Values, ethics, and trust will ensure that the future, the earth, and the environment will remain safe and prosperous for the upcoming generations. Contact Details - Website -www.eksankalp.com/ Phone -9891907711 Email -cause@eksankalp.com Address - C-78, Sec-63, Noida - 201301(U.P) India Copyright © 2018 - Ek Sankalp An Initiative by - Aspiring Team