ISSUES OF

BIBEK REGMI

IN
NEPAL
 History

KANYADAAN

Tula-Daan

Pinda-Daan
One should procure wealth with one
hundred hands and distribute it with one thousand hands”
Atharvana Veda
WHEN YOU GIVE TO NEEDY.
DONOT LET YOUR LEFT HAND
KNOW WHAT RIGHT HAND
HAVE GIVEN.
BIBLE
What Is CSR ?
Corporate initiative to assess and take responsibility for the
company's effects on the environment and impact on social
welfare. The term generally applies to company efforts that go
beyond what may be required by regulators or environmental
protection groups. 
 CSR IS NOT …….
• Tokenism – giving as a public relations stunt
• Philanthropy – charitable organizations
• Cause-related marketing – fund raisers
• Compliance – doing what is expected
Status of CSR in Nepal
• CSR is mostly associated with Philanthropy and Charity
• CSR has been photo opportunity and publicity tool
• Majority of the CSR activities in Nepal are socially driven projects that help to
empower marginalized communities.
• Nepal Business Initiative (NBI) was formed in July 2003 with a view to
enhance the business contribution to Nepal’s future (www.nbinepal.org.np/).
• Organizes seminars on CSR time to time to create awareness among
corporate houses about CSR activities.
• whatever activities are done by the business houses in the name of CSR is
rather philanthropic in nature (South Asia Forum on Responsible Business’s
(SAFoRB)
• In Nepalese scenario, establishing an industry is regarded as CSR because it
provides employment opportunity for people. At this situation where millions of
people are leaving the country for work, it is of course necessary to create and
provide opportunities to these people.
• Monitoring and evaluation mechanism
CSR laws in Nepal
CSR law for Industries (Industrial Enterprise Act (IEA) 2016
,)
Chapter 9, Section 48(1), the mandatory CSR requirement

Fixed Capital Annual Turnover CSR Fund to

Industry Type
Investment Requirement be allocated

Small Scale Industry Less than NPR 100,000,000 Greater than NPR 150,000,000

NPR 100,000,000- NPR No minimum turnover At least 1% of

Medium Scale Industry
250,000,000 requirement (i.e. all medium annual profit
scale and large scale industries
should allocate fund for CSR
Greater than NPR activities)
Large Scale Industry
250,000,000
CSR Initiatives of Some
Companies in Nepal
 NEPAL TELECOM
Promising Steps  at Community Level

• Free mobile call services amounting to Rs 1.46 billion immediately after the
disaster 
• Sends bulk SMS to Bagmati River Clean-Up campaign
STANDARD CHARTERED BANK NEPAL

• Seeing is Believing
•  Funded USD 1 million Tilganga Institute of Ophthalmology (TIO)
• Bank has helped to restore the eyesight of over 7,000 Nepalis  
CG
• Post Disaster Response and Management
• Heritage and Spiritual Development
• Health and Sanitation
PM Relief Fund (Top Donor's)
नेपाल सरकार, प्रधानमन्त्री तथा मन्त्रिपरिषदको कार्यालय
प्रधानमन्त्री दैवी प्रकोप उद्धार कोष

Company Amount Donated (in NRS) Rank

Nepal Telecom 1st
250,000,000.00
Ncell 2nd
102,000,000.00
3rd
गोर्खा ब्रुअरी प्रा.लि 100,000,000.00
4th
Surya Nepal Private Ltd 100,000,000.00
5th
Prabhu Bank 30,100,847.80
Conclusion
• Economic domain of CSR is emerging in Nepalese companies shifting
from philanthropic toward focusing on their strategic intents.
• Although, efforts from the side of government are there to achieve
MD goals, companies in Nepal are knowingly or unknowingly
contributing to achieve some of these goals.
• No clear cut regulatory framework regarding also acts as a hindrance
in implementing CSR. It is found that the degree of CSR activities of
companies should depend upon their business size and profile. In
other words, the bigger the company, the bigger is its CSR program.