1. A brief outline of Company’s CSR policy, including overview of projects or programs to be undertaken and a
reference to the web-link to the CSR policy and projects or programs
TCIL is committed to conduct business in a socially, economically and environmentally responsible and sustainable manner, which enables the creation and distribution of wealth for the betterment of all its stakeholders, internal as well as external, through the implementation and integration of ethical systems and sustainable management practices. For this TCIL had laid a balanced emphasis on all aspects of corporate social responsibility and sustainability with regard to its internal operations, activities and processes, as well as undertake initiatives and projects to facilitate capacity building, empowerment of communities, inclusive socio-economic growth, environment protection, promotion of green and energy efficient technologies, development of backward regions, and upliftment of the marginalized and under-privileged sections of the society.
The term Sustainability has been used in conjunction with CSR in the title of DPE Guidelines because CSR activities, which are envisaged in the Act and in the CSR rules, can be supplemented with sustainability initiatives as both aim at achieving sustainable development goals.
The CSR Committee so constituted formulated Policy on Corporate Social Responsibility (CSR Policy) and the Board of Directors of the Company (‘Board’) has approved the same as per recommendation of CSR Committee.
Web link: https://www.tcil.net.in/corporate_social_responsibility.php
Corporate Social Responsibility activities for 2019-20:
Project 1: Skill development through Telecom Sector Skill Council
As per the MOU signed between Department of Telecom and Ministry of Skill Development and Entrepreneurship to develop and implement National Action Plan for Skill Development in Telecom Sector, an agreement is signed between TCIL & Telecom Sector Skill Council (TSSC) for Skill development training in the field of Telecom for year 2019-20.
CSR funds allocated: 17.68 lakhs (Seventeen lakhs sixty eight thousand only)
Impact: A total of 132 students were trained under TCIL Skill Development initiative in the field of Mobile Handset Repair.
Location: Uddham Singh Nagar, Uttarakhand. (Aspirational district)
Job Role: Mobile Handset Repair Engineer
Implementing Agency: Telecom Sector Skill Council (Registered Society).Telecom Sector Skill Council (TSSC) is an industry-led apex body, jointly set up by NSDC (Govt. of India - Ministry of Skill Development & Entrepreneurship) and the Cellular Operators Association of India (COAI), Indian Cellular Association (ICA) & Telecom Centre of Excellence (TCOE) to ensure adequate availability of skilled manpower in the Telecom and Electronics Sectors.
Project 2: Sanitation & Healthcare
Development around Surya mandir premises, Village Marchi, Patna by construction & cleanliness of ghat & approach road, providing drinking water, sanitation facilities, lighting, toilet construction etc.
Project is aimed at improving sanitation, cleanliness, lighting, making available safe drinking water & construction of toilets which will make the area open defecation free. Construction of changing rooms for females will also ensure sanitation and health. During CHHAT PUJA Approx. 20 thousand people gather there and perform various rituals in the pond. Hence the project will improve surrounding, make the local environment healthy.
CSR funds allocated: 66.29 lakhs (Sixty six lakhs twenty nine thousand only)
Others: Administrative Overheads
CSR funds allocated: 4.41 lakhs (Four lakh and forty one thousand only)
2. The Composition of the CSR committee
The Chairperson and Members of the Committee are as follows:
|S.No.||Name||Designation||Chairman / Member|
|1||Sh. Sanjeev Gupta||Director (Govt. Nominee)||Chairman|
|2||Shri Kamender Kumar||Director (Technical)||Member|
|3||Ms. Vinod Kotwal (w.e.f. 16.12.19)||Director (Govt. Nominee)||Member|
|4||Shri Ramhit Ram||Independent Director||Member|
3. Average net profit for last three financial years is negative (excluding profit of foreign projects/dividend received, as per CSR rules). However, voluntarily 2% of PAT of the preceding year is taken as the budget for CSR activities for FY 2019-20.
PAT for FY 2018-19: Rs 43.71 crores
Budget for CSR: Rs 87.42 lakhs (2% of PAT)
4. Prescribed CSR Expenditure Rs 88.38 lakhs (budget includes 0.96 lakhs balance carry forward from previous year)
5. Details of CSR spent for the financial year :
(a) Total amount spent for the financial year: Rs.9.714 lakhs
(b) Amount unspent: Rs. 78.66 lakhs
(c) Manner in which the amount spent for the financial year is detailed here:
6. Incase the company has failed to spend the two percent, of the average net profit of the last three financial years or any part thereof, the company shall provide the reasons for not spending the amount in its Board Report. Click here to view
7. A responsibility statement of the CSR committee that the implementation and monitoring of CSR policy, is in compliance with CSR objectives and Policy of the Company.
Implementation of CSR activities is in compliance with Companies Act, 2013 & DPE guidelines and to meet the CSR objectives and policy of the Company.
Corporate Social Responsibility activities for 2019-20. Click here to view
Corporate Social Responsibility activities for 2018-19. Click here to view
Corporate Social Responsibility activities for 2017-18. Click here to view
Corporate Social Responsibility activities for 2015-16. Click here to view
Corporate Social Responsibility activities for 2014-15. Click here to view Policy and Details
Corporate Social Responsibility activities for 2013-14. Click here to view
Corporate Social Responsibility activities for 2012-13. Click here to view