The present CSR policy is being documented with a candid objective of formalizing as a document of what is being done by the Company and what would it proposes to do in the time to come. Section 135 read with Schedule VII to the Companies Act, 2013 and the Corporate Social Responsibility Rules, 2014 (CSR Rules) has prescribed the requirements as to what should be the legal and structured framework for doing the CSR activities.
Act shall mean the Companies Act, 2013 including with online economics help reference to Section 135 and shall include any amendments thereto or reenactments thereof.
Means and includes activities that are carried out as Corporate Social Responsibility and fall within the ambit of Section 135 read with Schedule VII to the Companies Act, 2013.
GACL shall include all its plants/units, in India.
In alignment with vision of the Company, GACL, through its CSR initiatives, shall continue to enhance value creation in the society and in the community in which it operates, through its services, conduct & initiatives, so as to promote sustained growth for the society and community, in fulfillment of its role as a Socially Responsible Corporate Citizen with environmental concern. The Ultimate Objective of CSR activities at GACL is to improve the “Human Development Index.”