Corporate Social Responsibility (CSR) is a concept that suggests it is the responsibility of corporations operating within society to contribute towards economic, social and environmental development that creates a positive impact on society at large. The concept revolves around the idea that corporations need to focus beyond earning just profits.
The Companies Act, 2013 is a landmark legislation that made India the first country to mandate and quantify CSR expenditure. Under Section 135, effective from 1 April 2014, every company — private or public — that has a net worth of ₹500 crore, a turnover of ₹1,000 crore, or a net profit of ₹5 crore must spend at least 2% of its average net profit of the preceding three financial years on CSR activities listed in Schedule VII of the Act.
Why Choose Us?
- We, Aram Valartha Naayaki Sevai Maiyam (ASM), are a non-profit charitable trust established in Chennai in 2015 with the objective of upliftment of slum communities across the city.
- We are well connected with the slum communities of Chennai and are precisely aware of their problems.
- Through thousands of devoted volunteers, we have worked relentlessly on projects across Chennai covering education, cultural and heritage preservation, ecological preservation, health, and women empowerment.