Comparative Analysis of CSR Activities of Private and Public Sector Company

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COMPARATIVE ANALYSIS OF

CSR ACTIVITIES OF PRIVATE


AND PUBLIC SECTOR
COMPANY

Name: Medha Sharma


Roll no.: UM17152
Section: C
Subject: Business Law
Faculty: Mr. Amit Ranjan
Triphathy

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CONTENTS
Contents Page No.

1. Introduction ................ 3
2. What is CSR(Corporate Social Responsibility) ................ 4
3. Wipro CSR Activities ................ 5
4. Indian Oil CSR Activities ................ 12
5. Analysis ……………… 16
6. Conclusion ................. 17

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Introduction:

Public Company:

A public company is a company that has issued securities through an initial public offering
(IPO) and is traded on at least one stock exchange or the over-the-counter market. Although
a small percentage of shares may be initially floated to the public, becoming a public
company allows the market to determine the value of the entire company through daily
trading.

Private Company:

A private company is a company with private ownership. As a result, it does not need to
meet the Securities and Exchange Commission's (SEC) strict filing requirements for public
companies. Private companies may issue stock and have shareholders, but their shares do
not trade on public exchanges and are not issued through an initial public offering (IPO).

Companies for Analysis:

1. Private Sector: Wipro


2. Public Sector: Indian Oil Corporation

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What is Corporate Social Responsibility?

Corporate social responsibility, often abbreviated "CSR," is a corporation's initiatives to


assess and take responsibility for the company's effects on environmental and social
wellbeing. The term generally applies to efforts that go beyond what may be required by
regulators or environmental protection groups.

CSR may also be referred to as "corporate citizenship" and can involve incurring short-
term costs that do not provide an immediate financial benefit to the company, but instead
promote positive social and environmental change.

Govt. of India rules on CSR:


Every company having net worth of rupees five hundred crore or more, or turnover of
rupees one thousand crore or more or a net profit of rupees five crore or more during any
financial year shall constitute a Corporate Social Responsibility Committee of the Board
consisting of three or more directors, out of which at least one director shall be an
independent director. The board shall ensure that the company spends, in every financial
year, at least two per cent of the average net profits of the company made during the three
immediately preceding financial years, in pursuance of its Corporate Social Responsibility
Policy
Activities which may be included by companies in their Corporate Social Responsibility
Policies are:—

(i) Eradicating extreme hunger and poverty


(ii) Promotion of education
(iii) Promoting gender equality and empowering women
(iv) Reducing child mortality and improving maternal health
(v) Combating human immunodeficiency virus, acquired immune deficiency
syndrome, malaria and other diseases
(vi) Ensuring environmental sustainability
(vii) Employment enhancing vocational skills
(viii) Social business projects
(ix) Contribution to the Prime Minister's National Relief Fund or any other fund set
up by the Central Government or the State Governments for socio-economic
development and relief and funds for the welfare of the Scheduled Castes, the
Scheduled Tribes, other backward classes, minorities and women.
(x) Such other matters as may be prescribed.

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COMPARISON OF CSR ACTIVITIES BETWEEN WIPRO AND INDIAN OIL

1) Wipro

ABOUT THE COMPANY

The third-largest company in India, Bangalore-based Wipro Limited is an ever-growing


and ever-diversifying global company that manufactures and sells products and services
ranging from cooking oil and soaps to healthcare instruments and information
technology (IT) consulting. Although Wipro's chairman and managing director Azim
Hasham Premji is committed to the company's diversified business model, its future
clearly lies in its continued successes in software and IT services, which make up nearly
half of the company's sales and has consistently outpaced the growth of Wipro's other
businesses. Wipro's world-class technologies division provides a range of high-tech
services such as global IT consulting, e-business integration, and legacy systems
maintenance to clients such as Cisco Systems, Thomas Cooke, and NEC. Wipro's IT
efforts are so reliable that in 1998 the company became the first in the world to have
been awarded the Software Engineering Institute's (SEI) coveted Level 5 Certification for
quality. After an impressive debut on the New York Stock Exchange in 2000, Premji,
who owns 75 percent of Wipro, became one of the top billionaires in the world.

CSR ACTIVITIES

At Wipro, our deliberate engagement with important social issues goes back a long
time. In 2001 we added our first organized community initiatives (Wipro Cares)
followed by a program on school education in 2002 (Wipro Applying Thought in
Schools). We started working methodically on Ecology & Environment in 2008. In 2014,
under the overarching umbrella of Education, we added a significant new initiative on
‘Children with Disability’. This program, at a conceptual level, is an extension of our long
running and successful program for 'Persons with Disability' within Wipro. This
compelling imperative of boundary-less thinking is a fundamental driving principle of all
our programs.

We run all our social programs on a strong foundation of ethical principles, good
governance and sound management. Our ‘Good Citizen’ manifesto articulates a set of
guiding principles that inform our thinking and actions. The manifesto covers a wide
range – a foundation of values as embedded in Spirit of Wipro, compliance with laws
and regulations, a robust framework of corporate governance, proactive and strategic
engagement with key challenges of the environment and society, serving our multiple
stakeholders and working with proximate communities, all in a manner that is
thoughtful, deliberative and systemic.

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The salient highlights of our initiatives for 2014-15 are articulated below. You will also
find in this report a detailed summary of our sustainability initiatives under the
‘Business Responsibility Reporting’ section. It must be emphasized that our
sustainability and social programs are wide ranging and global in scope. For a fuller
understanding of these, you may want to refer to our comprehensive annual
sustainability reports based on GRI principles. These and various other details are
available at the websites, www.wipro.com and www.wipro,org

A. Education

Our work in education is based on the guiding principles that (a) It must contribute to
systemic or institutional improvement in education and / or (b) It should address the
needs of underserved and underprivileged sections and (c) In all cases, the work must
be deep and meaningful. Our programs span school and college education across India
as well as in the U.S. and address the themes of ‘Organizational Capability Building’,
‘Good Quality Educational Material’, ‘Advocacy’ and ‘Sustainability in Education’.

A.1 Wipro Applying Thought in Schools (WATIS) is a social initiative working on building
capacity in school education reform in India. Over the past 14 years, WATIS has worked
closely with 35 organizations working in improvement of school education. Our work,
spread over 67 educational projects, has involved over 2300 schools and 13,250
educators across 17 states reaching out to about 1 million students. A point to
emphasize here is that the indirect impact of our work is manifold the above numbers.
During 2014-15, six new partners were added in Assam, Koppal in Karnataka,
Hyderabad, Kerala and Mumbai. Their work include improving the quality of education
in government schools, strengthening social science and ecology education in schools
and supporting education of children from marginalized communities

A.2 Complementing the systemic engagements of WATIS is the work of our trust, Wipro
Cares that supports in a more direct way, access to educational opportunities for
underprivileged and marginalized children. For example, our partner of many years in
Pune, Door Steps Schools runs mobile units that provide schooling to children of
migrant labourers working in construction sites in a city. The ten projects run by Wipro
Cares in the cities of Bangalore, Pune, Hyderabad, Kolkata, Mumbai and Chennai
benefits more than 50000 children.

A.3 During the year, we started a significant new initiative for ‘Children with Disability’.
In the first year, our programs supported the educational and rehabilitative needs of
1350 underprivileged children with disability through five projects in the cities of
Bangalore, Pune, Jaipur and Hyderabad. Our focus is on early intervention and inclusive
education: the first element is crucial in the battle against disability as early actions help
prevent many subsequent complications; the second element underpins the principle

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that children with disability must grow in a school environment that empowers them by
helping integrate with the mainstream.

A.4 We started a significant program in school education in 2013 in the U.S.A. While the
expenditure associated with this may not be allowable as CSR as per the Companies Act
2013, this is an integral part of our global CSR strategy and therefore something that
merits disclosure. The program is currently running in Chicago, New Jersey, New York
and Boston. We are partnering with University of Massachusetts, Boston and Michigan
State University. Mercy College in New York and Montclair State University in New
Jersey are also involved. The program works in close collaboration in over 20 school
districts wherein 250-350 teachers go through a 2-3 year fellowship with intense
support to develop their capacities to be better teachers and change leaders. The
district administrators are a part of the program. We intend to expand these programs
to other cities in future. The current commitment of Wipro to these programs is about
7.8 million USD over a period of 5 years. This is a large and substantial commitment to
improving science and math in school education, one of the largest such commitments
made by a non US company.

A.5 Earthian is a program that brings together two of our key concerns: Education and
Sustainability. It comprises an annual cycle where schools and colleges across the
country participate in an enriching learning program; selected institutions then become
part of a three year Continuing Engagement Program. In 2014-15, the program had an
outreach to 9000 institutions. 550 schools and colleges submitted entries with 23
selected winners. The continuing engagement comprised of college internships, a
national level workshop for the leading Business Schools of the country, sustainability
workshops in 14 schools for 250 teachers and Theater-in-Education labs in two schools.

A.6 Developing workplace relevant engineering and technology skills that is also up-to-
date and relevant is critical for a country like India where the IT Services industry
contributes to nearly 8% of the GDP. Our efforts in this direction go back several years
and address two important dimensions: (a) Skills development for students that is
based on a comprehensive framework of post-graduate level education and (b) Capacity
building among the faculty of engineering colleges.

The Wipro Academy of Software Excellence (WASE) program that helps Science
graduates to study for a Master’s degree in Software Engineering (M.Tech). Run in
partnership with the Birla Institute of Technology & Science (BITS), Pilani, India, this
unique program blends rigorous academic exposure with practical professional learning
at the workplace, we run a similar program called WISTA in collaboration with Vellore
Institute of Technology (VIT) for science graduates without a mathematics background.
Since its inception in 1995, Wipro has supported and enabled nearly 50000 students to
graduate from the WASE and WISTA programs with an MS degree in Software

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Engineering. During 2014-15, the total number of new entrants into the two programs
was 1710 while the aggregate strength across four years was 12850.

Mission10X started in 2007 has the goal of improving education in India’s engineering
colleges. Over the last six years Mission10X has reached out to over 26,313 faculty
members across 1300+ engineering colleges in 27 states. The work involves faculty
capacity development, and curricular improvement. The initiative has also catalysed a
group of 20 organizations working on the same space. It has also created a substantial
on-line resource base which is expanding

B. Primary Health Care and Communities

B.1 Along with education, access to primary health care is a key determinant of an
individual’s future trajectory in life, including the ability to engage in productive
livelihoods and responsible citizenship, In India, nearly 600 million people do not have
access to basic health care which is affordable and of good quality. At Wipro, our
approach in this regard is to focus on the health needs of our proximate communities
around the major centres of our operations. We run these programs through Wipro
Cares, our public trust.

Wipro Cares works with partners who oversee the delivery of good quality primary
health care services to underserved communities covering more than 75000 people in
53 villages across Maharashtra, Karnataka, Andhra Pradesh & Uttarakhand. We follow
an integrated approach that along with the delivery of regular health services, lays
emphasis on building the capacity of the communities in developing a higher degree of
self-reliance to handle their own primary health care needs.

B.2 Disadvantaged communities face several challenges and one that visits them at
regular frequency in our country is natural disasters like earthquakes, floods and
cyclonic storms. The already fragile basis of their livelihoods gets further disrupted in
the wake of a natural disaster. Since 2002, we have responded in both monetary terms
and in-kind to several natural calamities wherein Wipro’s employees have also risen to
the occasion and played a sterling role. By design, we focus on the more difficult
challenge of long term rehabilitation of the affected communities.

During 2014, we initiated two disaster rehabilitation projects in Uttarakhand and


Odisha in response to the floods and cyclone events in 2013. In line with our approach,
both these projects focus on long term rehabilitation and strengthening of the affected
communities. In Uttarakhand, in collaboration with very credible local partners with a
long track record, multiple activities on strengthening local livelihoods were initiated.
20 village level farmer’s group have been formed with the objective of training them on
alternate methods of farming.8964 fruit saplings have been planted in farms belonging

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to 293 farmers while 236 beneficiaries have been identified for vegetable plantation.
Our work in Odisha touched the lives of 250 farmers and their families who were
provided fishing nets and awareness training around them, Village level Disaster
Committees were set up in 15 villages.

C. Ecology & Environment

Ecological sustainability is one of the defining challenges facing humanity in the 21st
century. How we manage the issues of climate change, water scarcity, biodiversity loss
and pollution will determine the trajectory of our development. Wipro’s engagement
with these issues goes back several years and is based on the dual approach of (a)
continually improving the energy, water, waste and biodiversity footprint of our
business operations and (b) engaging on community-level actions and advocacy on
these issues. We present below some interesting illustrations of our work

C.1 We initiated the “Participative Community Water Program” in the Sarjapur area in
Bangalore which is completely dependent on groundwater. The initiative seeks to
involve proximate communities in a unique citizen-led governance model of
groundwater. The year saw the successful completion of the first phase of developing a
detailed groundwater aquifer map for a 33 sq km area around our Sarjapur campus. The
aquifer map along with a citizen portal will help inform collective decision making on
groundwater management in a more scientific manner

C.2 Our urban biodiversity program addresses the twin goals of creating biodiversity in
our urban campuses while also using it as a platform for wider education and advocacy,
our first project of a unique Butterfly Park in the Electronic City campus in Bangalore
was initiated two years back and completed in early 2014. In 2014-15 we progressed as
per plan on the next phase of an innovatively conceived wetland biodiversity zone that
will use recycled water. In our Pune campus, the first phase has been completed with a
tripling of the number of native species from 59 to 167. Both these projects will serve a
larger purpose of education on biodiversity and the plan going forward is to link it with
our earthian program for schools on sustainability education.

C.3 Rapid development of renewable energy (RE) solutions is a crucial element in


combating climate change. India has put together a clear road map of adding RE
capacity over the next 10 years. Business can play an important role in both, the
production ecosystem and through conscious choices in purchasing RE in its own
operations. At Wipro, renewable energy accounts for more than 20% of the electricity
footprint and in 2014-15, we procured 66 Million units of RE translating into 52000
metric tons of greenhouse gas emissions avoided.

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C.4 Effective and efficient management of urban solid waste is a pressing problem in all
our cities. While the use of right technology, good governance and the active
participation of civil society are important determinants of success, the work of the
informal sector is often unrecognized. We initiated a project in Bangalore that will
provide skills upgrading to 260 workers in the informal sector of waste along with
access to better nutrition, safety gear and health insurance.

C.5 We have been supporting a program in social forestry in rural Tamil Nadu near
Chennai for the past four years. The program works towards the twin goals of
afforestation and improved livelihood options. More than 80 farmers are the
beneficiaries of the income that will accrue from the produce of more than a hundred
thousand trees that have been planted.

D. The power of Engaged Employees

Employees are integral to many of our social programs. The Wipro Cares trust is built on
a model of employee contribution that is matched by Wipro. Nearly one in three
employees or more than 48,000 Wiproites are contributors to Wipro Cares making this
possibly the largest such initiative in India and one of the largest in the world. During
2014-15, nearly 1600 employees also engaged with more than 3600 hours of volunteer
work, Employees have also keen participants in other significant initiatives including
those on campus biodiversity and improving public transportation services.

In conclusion, we recognize that this is a journey where one learns all the time. While
on the matter of ethics and values, we will hold ourselves up to the highest standards,
on matters of governance and management of our CSR programs, we recognize that
there could be many opportunities for improvement. We will continually self-reflect,
act, and review all the time.

Summary of CSR spend for 2014-15 ( All figures in Million)

1. A brief outline of the Company’s CSR policy, including overview of the projects or
programs proposed to be undertaken is available at www.wipro.com. Details are
provided as part of Directors’ Report on page no. 66.
2. The Composition of the CSR Committee: The terms of reference of the Corporate Social
Responsibility (CSR) broadly comprises and forms part of Board Governance,
Nomination and Compensation Committee and these terms of reference are in
accordance with Section 135 of the Companies Act, 2013. The Committee comprises of
Dr. Ashok Ganguly, Mr. N Vaghul and Mr. William Arthur Owens.
3. Average Net Profit of the Company for the last three financial years: 64,154 Million.

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4. Prescribed CSR Expenditure (two percent of the amount as in the point 3 above): 2% of
the average PBT for the financial years 2011-12, 2012-13 and 2013-14 amounts to 1283
Million ; against this, our CSR spending for 2014-15 was 1,327 Million.
5. Details of the CSR Spent during the financial year:
1. Total amount to be spent for the financial year: 1,327 Million
2. Amount unspent: Not Applicable
3. Manner in which the amount is spent during the financial year is detailed below:
6. The following table provides a summary of the domain wise expenditure on CSR for
2014-15 along with the geographies. The list of partners with who we collaborate is
available right below the table
7. In the column 'Cumulative expenditure till reporting period', we have chosen to take
2014-15 as the base year. It is however not to be interpreted that this is the first year of
our CSR programs. Many of our programs go back more than 10 years and some more
than 15 years. Given the practical challenges in reporting the cumulative expenditure
from inception, we have chosen to start with the current year as the base year.
8. All our programs are executed and implemented through our partners. The figures
under the last column therefore are entirely through our partners.

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2) Indian Oil

ABOUT THE COMPANY

IndianOil is country’s largest commercial enterprise and flagship national Oil Company.
It has privilege of being a corporation that provides petroleum products which are
crucial to turn the wheels of progress of nation. IndianOil also understands the
importance of creating a benevolent social impact of its work and minimizing the
adverse impact of energy use on ecology. IndianOil’s Corporate Social Responsibility
(CSR) is guided by its corporate vision of caring for environment and community.
IndianOil believes that Corporate Social Responsibility is the continuing commitment by
business to behave ethically and contribute to economic development while improving
the quality of life of the workforce and their families as well as of the local community
and society at large.

It strives for sustainable development which is the key for building a framework that
would lead to economic growth, social equity, and efficient management of resources
and environment. IndianOil’s Sustainability & CSR vision is to operate its activities in
providing energy solutions to its customers in a manner that is efficient, safe & ethical,
which minimizes negative impact on environment and enhances quality of life of the
community, towards sustaining a holistic business.

IndianOil has been engaging in various activities to up-lift the conditions of the people
living in neighborhood of its units/ installation since 1964. The core thrust areas of
IndianOil Sustainability & CSR initiatives fall under Schedule VII to Companies Act, 2013.
The activities are undertaken in vicinity of our business units and for stakeholders in
value chain of corporation’s business. Also, activities are undertaken in backward areas,
and for underprivileged sections of society, St/ SC/ OBCs and PWDs with sole intention
of nation building.

CSR ACTIVITIES:

Some of the flagship projects and some continuous projects are mentioned below:

A. LPG Scheme for BPL families:


Under this project, IndianOil contributes 20% of 2% of previous year’s Net profit
towards one-time grant to BPL families in the rural areas for release of new LPG
connections under MoP&NG LPG Scheme. Under the scheme, the security deposit for 1
cylinder and 1 pressure regulator is provided from the fund created for this purpose by
contributions from the CSR budget. During 2015-16, 22.8 lakh new connections were
released by IndianOil and cumulatively, 32.4 lakh BPL families have benefitted from this
scheme.

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B. Swachh Bharat Abhiyaan:
In response to the clarion call given by the Hon’ble Prime Minister on 15th August,
2014, IndianOil has been actively engaged in Swachh Bharat Abhiyaan activities across
the country in various installations/locations and in the vicinity thereof. IndianOil
organized various events to sensitize its employees, their families and general public
and held cleanliness drives, walkathons, debates, street plays, skits, tree plantations,
poster making competitions, etc. across India. Sports icons on the rolls of IndianOil also
actively participated in the campaign. Cumulatively, more than 3600 such events were
organized. Regular inspections of toilets at fuel stations were also carried out to
improve cleanliness. Ten decentralized waste-to-fuel plants with total waste recycling
capacity of 50 tons/day are under implementation at Varanasi.

C. Swachh Vidyalaya Abhiyaan:


Under Government of India’s Swachh Bharat - Swachh Vidyalaya Abhiyaan, IndianOil
took the initiative to construct/repair 2855 toilets in Govt. schools across 16 States.
Most of the schools allocated were in remote and backward areas of Assam, Bihar,
Chhattisgarh, Odisha, etc. Despite heavy odds, IndianOil ensured construction/
renovation of all toilets in allocated locations within the targeted timelines

D. IndinOil’s Assam Oil Division Hospital, Digboi, Assam:


Established in 1906, this modernized 200-bed hospital at Digboi caters to the
population in this part of Assam and nearby areas in the North East. General and
specialized health camps are also organized regularly by the hospital to reach out to the
poor villagers nearby, who have no access to medical facilities. During 2015-16, 16,423
non-employee patients were treated at this hospital.

E. Swarna Jayanti Samudayik Hospital, Mathura, Uttar Pradesh :


This 50-bed hospital provides medical assistance to residents near Mathura Refinery,
Uttar Pradesh. Two mobile dispensaries also go to the nearby villages to provide free
medical care to the villagers. The hospital provides free treatment to the destitute and
offers subsidized treatment to others. During 2015-16, 52,660 patients were treated,
and so far, about 8 lakh patients have benefitted from this project.

F. Sarve Santu Niramaya (SSN), Digboi, Assam :


This unique CSR project was launched in 2012 to provide free health consultation and
medicines for both human beings and livestock population of Digboi and nearby areas.
Initially, free health camps were conducted regularly only for the villagers. However,
there was a need to extend the same service to the cattle and livestock, as the villagers
are highly dependent on them for their livelihood. The pilot project was implemented in
Panbari village near Digboi Refinery. During 2015-16, 2500 patients and 12,200 livestock

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were treated and so far, 5400 patients and 57,000 livestock have been treated under
this project.

G. Assam Oil School of Nursing & Assam Oil College Of Nursing, Digboi, Assam :
Assam Oil School of Nursing (AOSN), established in 1986, offers professional nursing
course (General Nursing & Midwifery, GNM) to young girls. In addition, Assam Oil
College of Nursing (AOCN), offering B.Sc. (Nursing) course, started functioning from the
same campus in 2014 with an intake of 30 students. From 2016-17, student intake
capacity will be increased and 60 students will be enrolled every year [30 for GNM and
30 for B.Sc. (Nursing)]. The institution provides job opportunities to young
underprivileged girls in reputed Government and private hospitals across India and
even abroad. During 2015-16, 16 students successfully completed the GNM course and
since inception, 391 students have successfully completed the course with 100%
placement record.

H. IndianOil Multi-Skill Development Institute, Digboi, Assam :


IndianOil Multi-Skill Development Institute, Digboi (iMSDI) started functioning in 2014.
It provides vocational training on skills & competencies linked to industries. The trades,
in which skills are currently imparted, are electrical repair & maintenance, masonry &
bar bending (construction), welding, hospitality, fitter, retail, beauty & wellness,
medical equipment operation, auto & two-wheeler service & maintenance, etc. Under
this project, vocational training is provided to 400 beneficiaries every year. During 2015-
16, 271 beneficiaries were trained and so far, 388 beneficiaries have been trained and
certified in various trades

I. IndianOil Industrial Training Centre, Digboi, Assam:


IndianOil Industrial Training Centre (ITC), established in 1975 under the aegis of
National Council for Vocational Training (NCVT), conducts Industrial Trade Courses in
various technical disciplines. With a capacity of 68 seats, ITC offers a three-year Fresher
Trade course and specialization in jobs like Fitter, Electrician, Turner, Mechanic (Motor
Vehicle, Refrigeration, Air Conditioning, etc). During 2015-16, 61 beneficiaries were
trained and so far, 1238 beneficiaries have been trained in various trades.

J. Shikshak Dakshata Vikas Abhiyaan, Digboi, Assam :


IndianOil (AOD) launched a unique training initiative ‘Shikshak Dakshata Vikas Abhiyaan’
in 2012. Organised in coordination with the District Education Department,
Government of Assam, the program aims to improve soft skills of Government school
teachers. During 2015-16, 81 teachers were trained and so far, 355 teachers from
schools covering 42 villages in and around Digboi have been trained.

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K. IndianOil Academic Scholarship Scheme:
IndianOil Education Scholarships are awarded to 2600 underprivileged poor and
deserving students on merit-cum-means basis to students pursuing full-time courses in
10+/ITI, Engineering, Medical and MBA. 49.5% scholarships are reserved for SC/ST/OBC
students. In each category/ sub-category, 25% scholarships are reserved for girl
students and 10% for Persons with Disabilities (PWD). During 2015-16, 3,137 students
were benefitted and so far, more than 15,000 students have benefitted from this
program.

L. IndianOil Sports Scholarship Scheme:


IndianOil introduced a Sports Scholarship Scheme in the year 2006-07 for promising
young sports persons representing the State in team games and National ranking in
others. At present, 150 scholarships in 20 games/sports are awarded to upcoming
junior players from 14 to 19 years of age. In addition to the scholarship amount for 3
years, cost of kit items, travel assistance, lodging etc. is also paid by IndianOil.

M. IndianOil Muskaan:
Every year, about 35,000 babies are born with cleft lips or palates and there are over 10
lakh cases of untreated clefts in India. Most of the parents either do not know that a
cleft can be fully corrected at the early stage itself or are too poor to afford the costs of
surgery. In addition to being a medico-economic issue, a cleft is often associated with a
social stigma, especially for girls, who find it very tough to lead a normal life with facial
deformities. IndianOil undertook an initiative to bring back smiles on the face of people
affected with cleft lips in the North East.

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Analysis

Wipro

Amount Amount spent :


Outlay Amount direct or
(Budget) spent on the through
Sl. Sector in which the project is project or projects or implementing
No. covered Program Wise Programs agency
1 Community Healthcare 2 1.9 1.9
Education for Under privileged 35 35.08 35.08
Education: Systemic Reforms 95 95.59 95.59
Education for Children with
Disability 14 14.48 14.48
Sustainability Education 22 25.8 25.8
Higher Education for skills
building 990 1,118.00 1,118.00
2 Engineering Education 5 2 2
Water 11 11.51 11.51
Biodiversity 8 8.45 8.45
Energy 605 529.78 529.78
Waste Management 2 2.6 2.6
Sustainability Advocacy and
3 Research 12 14.67 14.67
4 Rural livelihood programs 3 3.1 3.1
Total 1,804 1,863 1,862.96

IndianOil

Budget Allocation CSR Spending in Rs. for the Year 2015-


16(Crores)
CSR Budget allocated for FY 2015-16 141.50

Carry Forward from Previous year 19.61

Total CSR budget for FY 2015-16 161.11

Total CSR expenditure 156.68

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Conclusion:

Although most Indian companies even after the CSR law leave a lot to be desired in terms of
both planning of CSR programs (Impact , sustainability etc.) and the intent but the
companies mentioned above namely “Wipro” and “Indian Oil Corporation” have done
pretty well in terms of CSR activities.
While Indian Oil’s CSR activities consisted mostly on health, education and re-skilling of
individuals Wipro has a more diverse expenditure on the same. The works of Wipro not only
include health, education and re-skilling but also sustainability, sports, development of
culture which gives it an added advantage compared to Indian Oil. Moreover Wipro has a
total expenditure of Rs.186 crores for fiscal year 2015-16 as compared to Rs.156 crore for
Indian Oil for the same fiscal year.

Hence, as per my view the private sector company (here Wipro) beats the public sector
company (here Indian Oil Corporation) by a slight margin.

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