Calling upon India Inc to take the new CSR law in a positive way, Reliance Foundation Chairperson Nita Ambani has said it should help in creating sustainable and self-reliant communities.
Nita Ambani, whose husband Mukesh Ambani heads the country’s leading corporate house Reliance Industries group, was here to oversee relief work being undertaken by Reliance Foundation in areas ravaged by the Uttarakhand floods in June. “CSR (Corporate Social Responsibility) is a process that creates sustainable and self reliant communities by lending a hand to realise their aspirational goals,” said Nita Ambani.
A well-known educationist and philanthropist, Nita said that everyone needs to be taken along for society’s sustainable growth and welfare. Asked about the historic CSR clause of the new Companies Act 2013, which mandates companies with significant size to mandatorily spend two per cent of profits on social welfare schemes, she said: “I think it is an important step and should be taken in the positive spirit... because unless the society moves along taking everybody together, you cannot have a sustainable society.”