The PPT contains the following topics 1) What is CSR? 2) Law for CSR? 3) About ONGC and its initiatives 4) About OIL and its initiatives

1. CSR POLICY
Of
Oil and Natural Gas Corporation
Limited and Oil India Limited

2. What is Corporate Social
Responsibility?
 Corporate social responsibility (CSR) refers to
business practices involving initiatives that
benefit society.
 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

3. CSR Rule in India
 In India, the concept of CSR is governed by
clause 135 of the Companies Act, 2013, which
was passed by both Houses of the Parliament, and
had received the assent of the President of India
on 29 August 2013.
 The CSR provisions within the Act is applicable
to companies with an annual turnover of 1,000
crores INR and more, or a net worth of 500
crores INR and more, or a net profit of five
crores INR and more
 The Act encourages companies to spend at least
2% of their average net profit in the previous
three years on CSR activities

4. ONGC CSR Policy
760.58
495.23
239.54
219
0 200 400 600 800
Reliance
ONGC
Infosys
TCS
CSR Expenses (in crores)
CSR Expenses
ONGC being a public company spends second highest amount on
CSR after Reliance Industries which is Rs. 495.23 crores. This
money is usually spent on education, women empowerment,
healthcare, sports and sponsorships.

5. Projects Undertaken
Major CSR projects undertaken are
 Varisthajana Swasthya Sewa Abhiyan
 ONGC-GICEIT Computer Centre
 Project Utkarsh- Livelihood Project in Sibasagar
 Harit Moksha
 ONGC-NSTFDC Hathkargha Prashikshan
 ONGC Hospitals

6. OIL’s CSR Policy
 Oil India Limited views Social Welfare as a
genuine expression of goodwill and
responsibility towards humanity and the Nation.
 Oil India Limited has embarked upon massive
programs of educational, health, sports, cultural
and infrastructural development endeavors

7. Projects Undertaken
 Health – Project Oil Sparsha
 Sustainable Livelihood - Agriculture Project &
the Handicraft Training and Production Centre
 Education - OIL Awards & Merit Scholarships
and OIL Shikshya Ratna Puraskar

8. References
 http://www.oil-india.com/csr.aspx
 http://www.dnaindia.com/money/report-reliance-industries-
emerges-as-top-company-on-csr-spending-chart-govt-
2182629
 https://www.pwc.in/assets/pdfs/publications/2013/handbook-
on-corporate-social-responsibility-in-india.pdf
 http://www.mca.gov.in/SearchableActs/Section135.htm
 http://www.ongcindia.com/wps/wcm/connect/ongcindia/home
/csr

9. THANK YOU