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Build bridges of trust between civil society and corporates: experts

The Companies Act of 2013 has statutory provisions, making Corporate Social Responsibility (CSR) mandatory for companies with networth of Rs 500 crore or more, turnover of at least Rs 1,000 crore and net profit of at least Rs 5 crore. The requirement: spending at least 2 per cent of their profits on CSR and constituting a separate committee on their board.