News Detail

Coal India, the world's biggest coal miner, has decided to raise a new cadre of officers who will oversee the company's corporate social responsibility (CSR) initiatives. Top executives at the state-run miner that its board had at its last meeting cleared the proposal to recruit about 120 officers in the CSR cadre this year. This is the first time that such a large team is being organised for CSR activities in any private or public sector company in India. Most public sector companies source officers from other departments and depute them on ad-hoc basis at CSR units.

The CSR teams are also not so big, For example, the CSR team at Indian Oil Corporation has about 20 people. "The sheer size of Coal India's fund for CSR and the area over which it has to be spread requires dedicated officials, who would oversee the quality of the projects being undertaken and the funds being spent for the job," said a senior Coal India executive. Coal India and its eight subsidiaries will be spending around INR 300 crore in 2014-15 on CSR activities. This could be spread over the company's 85 mining regions.

Source-On Request