The BRICS Chamber of Commerce and Industry (BRICS-CCI), Centre for Corporate Social Responsibility, recently organized the First National Round Table Conference on CSR Feedback & Fast Forward in India International Centre, New Delhi.
Jayant Sinha, Minister of State for Finance inaugurated the conference and commented on developing “shared values” and “focus for good” that entails “corporate work beyond check writing, where companies should not only extend financial support to civil society organizations but also build capabilities and capacities to scale institutions”.
At the function, Honourable I&B Minister Rajyavardhan Singh Rathore released the Skill development recommendation booklet for CSRs put together by Sattva and IICA.
Sattva in partnership with the Indian Institute of Corporate Affairs (IICA) has put together a strategy brief to inform CSR leaders looking to identify opportunities in skill development that can be addressed through CSR initiatives.
This brief stems from a CSR Rountable discussion, involving more than 100 corporates. It encompasses the perspectives of skill experts and practitioners from corporations, skill development organizations, the National Skill Development Corporation (NSDC), and institutions that work toward creating jobs for the youth.
It highlights areas in skill development that can create long-term impact for the CSR investment and recommends various courses of action that can help build the CSR portfolios of corporates. The document is aligned to the National Policy of Skill Development and Entrepreneurship 2015 and emphasises interventions that align with the thrust areas of the policy.
Investing in skill development to enable access to skilled resources to the industry also provides long-term business value to the corporations and the entire industry ecosystem. Companies are increasingly creating structured skill development initiatives in their specific sectors while leveraging the ecosystem support that is enabled by NSDC.