Apparently, the Government of India has recently established a "Corporate Social Responsibility (CSR) law" which mandates companies whose turnover is more than 500 crores rupees to spend 2% of their profits on Social Activities
These socially beneficial activities must be done in conjunction with an NGO.
1 crore is 10,000,000. 500 crore rupees equates to approximately USD 76,500,000.
It is estimated that the new law will directly impact at least 2,500 companies and generate an estimated US $2 billion in CSR spending. The BKs' financial radar is bleeping like mad.
Funny for a religion whose god told them not to accept donations from individuals who were not following their principles because such money would be impure ... guess who was on the case and briefing BKs on how to tap into the new revenue stream at the luxurious air conditioned SpARC offices? Mr 2% ... the "accountant of god" and controversial trustee and chairperson BK Ramesh Shah.
The Brahma Kumaris now aim to partner with different companies and organizations in order to fill their coffers to do ... just what? More big buildings and more big silliness?
Part of the burgeoning alphabet soup of acronyms and grand sounding titles, the Brahma Kumaris SpARC organization is considered with some suspicion by certain senior members of the BKWSU, seen as one of the many virtual empires within the Greater Brahma Kumari Co-Prosperity Movement as a whole. We've had previous reports in the past of younger BKs being warned away from it. Just why, I do not know. It has a new swanky website. It's only completely "final project" to date is a rather pedestrian BK daily journal or "chart".
CSR activities recognised under the Bill include:
These socially beneficial activities must be done in conjunction with an NGO.
1 crore is 10,000,000. 500 crore rupees equates to approximately USD 76,500,000.
It is estimated that the new law will directly impact at least 2,500 companies and generate an estimated US $2 billion in CSR spending. The BKs' financial radar is bleeping like mad.
Funny for a religion whose god told them not to accept donations from individuals who were not following their principles because such money would be impure ... guess who was on the case and briefing BKs on how to tap into the new revenue stream at the luxurious air conditioned SpARC offices? Mr 2% ... the "accountant of god" and controversial trustee and chairperson BK Ramesh Shah.
- BKWSU_sparc.jpg (17.67 KiB) Viewed 7935 times
Part of the burgeoning alphabet soup of acronyms and grand sounding titles, the Brahma Kumaris SpARC organization is considered with some suspicion by certain senior members of the BKWSU, seen as one of the many virtual empires within the Greater Brahma Kumari Co-Prosperity Movement as a whole. We've had previous reports in the past of younger BKs being warned away from it. Just why, I do not know. It has a new swanky website. It's only completely "final project" to date is a rather pedestrian BK daily journal or "chart".
Prajapita Brahma Kumaris Ishwariya Vishwa Vidyalaya (PBKIVV) and its Sister organization Rajayoga Education & Research Foundation (RERF) have been serving society at all levels through its various wings ... The Spiritual Applications Research Centre (SpARC) was formed in 1995 as an internal research group that would dedicate itself in exploring and experimenting with applications of the spiritual knowledge of this institution towards the cause of world service. SpARC focused on projects that experimented with practical applications of Rajayoga in daily life. In addition, Special Interest Groups were formed that explored diverse topics, ranging from the Nature of Time and Space, to Values in Business.
CSR activities recognised under the Bill include:
- Eradicating extreme hunger and poverty;
Promotion of education;
Promoting gender equality and empowering women;
Reducing child mortality and improving maternal health;
Combating HIV, AIDS, Malaria and other diseases;
Ensuring environmental sustainability; Imparting employment enhancing vocational skills;
Social business projects; and
Contribution to certain funds.