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Minister wants ports to allot 10% of income for CSR

Minister wants ports to allot 10% of income for CSR
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Port trusts across the country are asked to allocate 10 percent of their income for Corporate Social Responsibility (CSR) activities by Union Shipping Minister GK Vasan.

The ministry launched CSR activities recently to enable ports to serve the interests of society and identify activities that would create social impact, Vasan said while participating in a CSR activity of Ennore Port Trust near Chennai.

The ministry wants the port trusts to implement CSR activities through Non-government Organization (NGO), renowned agencies and government bodies.

He said the ports must spend their CSR fund for providing education, improving infrastructure facilities in rural areas, uplift of fishermen and taking care of senior citizens.

Last year, Ennore Port had spent Rs 1 crore on CSR activities. This year it has earmarked Rs 2.72 crore for developing school infrastructure, road connectivity, improving the skill of fishermen, promotion of education and sponsoring community and health services.

Throughout the current financial year, the Chennai Port had taken up several activities under CSR, which includes women medical camp, meritorious scholarship to the students of corporation schools and painting competition.

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