Aizawl: Mizoram Chief Minister Lalduhoma has stated that the state receives one of the nation’s lowest allocations of Corporate Social Responsibility (CSR) funds from companies, citing a limited number of registered CSR implementing agencies.
“Even though there are numerous companies operating in India and are obligated under law to implement Corporate Social Responsibility (CSR) initiatives, Mizoram continues to receive one of the lowest shares of CSR funds in the country,” the chief minister said.
Lalduhoma was addressing the valedictory function of a three-day CSR Capacity Building Workshop for NGOs and Implementing Agencies in Aizawl.
The event was organised jointly by Mizoram CSR cell and the Confederation of Indian Industry (CII).
He urged more local agencies to register as implementing agencies to harness CSR for Mizoram’s growth.
The chief minister said that CSR funds have the potential to significantly contribute to developmental works, stating the Serchhip district hospital building as an example, where over Rs 21 crore was harnessed through CSR.
A dedicated CSR cell was established in the CMO to increase the number of registered agencies and guide them in mobilising them, he added.
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Lalduhoma also urged societies, NGOs, and hospitals to register as implementing agencies, assuring them of continued assistance from the CSR Cell.
The event was attended by the chief minister’s adviser (finance and planning) and MLA TBC Lalvenchhunga, who is also the chairman of the CSR cell.