Under which Act did corporate social responsibility become a statutory obligation in India, making the new coal sector framework the first sector-specific one since then?
- A.The Companies Act, 1956
- B.The Companies Act, 2013
- C.The Mines and Minerals Act, 1957
- D.The Coal Mines Act, 1952
Show answer
The launch described the coal sector document as the first sector-specific corporate social responsibility framework since statutory CSR came in under that Act, which is the legal anchor of the entire CSR system for Indian companies.
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