Corporate Social Responsibility
Overview
OSCAR believes, it is in responding to the needs of the people, benefitting communities and protecting the environment that will ultimately determine the sustainability of continued progress.
As a conscious corporate citizen, OSCAR believes that it has a social purpose. Our CSR activities are essentially guided by project based approach in line with the guidelines issued by the Ministry of Corporate Affairs of the Government of India. It follows best practices in identifying, implementing, sustaining and monitoring its CSR programmes to maximize sustainability, scalability and transparency.
CSR Provision of the Companies Act -2013
Funding & Allocation:
OSCAR allocates 2% of its Net Profit of the previous Financial Year towards achieving its CSR objectives through implementation of meaningful & sustainable CSR programmes. It is in alignment with the provision of the Section 135 of the Companies Act, 2013.
CSR initiatives at OSCAR cover a wide spectrum of welfare and developmental activities spanning across various focus areas.