Nagpur Municipal Corporation to get CSR funds through 'Kautilya' Consultancy

Nagpur: Nagpur Municipal Corporation (NMC) has signed a Memorandum of Understanding (MoU) with Kautilya Consultancy LLP. The partnership aims to secure Corporate Social Responsibility (CSR) funds for various development projects in the city.

Focus areas for these projects will include health, waste management, education, slum rehabilitation, and other social welfare initiatives. Kautilya Consultancy will act as a bridge between NMC and corporate companies for CSR funding.  Research, analysis, innovative designing, planning, and monitoring services for sustainable social and economic development in Nagpur will be provided by Kautilya. 

Through this initiative, NMC will be able to access additional funding for its development agenda. Kautilya Consultancy's expertise in public-private partnerships and social development will be valuable in the project. 

Additional Information:

• CSR is a voluntary contribution made by companies towards social welfare initiatives.
• The Companies Act, 2013 mandates certain CSR activities for companies meeting specific criteria.
• Areas eligible for CSR funding include education, healthcare, rural development, and environmental sustainability.
• NMC has identified several innovative and impactful projects for CSR funding, such as a waste-to-energy plant and a smart school initiative.