Tuesday 9 August 2011

NFPC Encouraging C.S.R

NFPC "Navrattan Free Power Corporation Ltd." must be lauded for its comprehensive efforts on CSR better known as corporate social responsibility. From the enunciation of basic principles to defining a broad set of indicators for self assessment, it also rightfully provides a reporting frame-work for making disclosures to stakeholders.These guidelines by NFPC "Navrattan Free Power Corporation Ltd."  indeed mark an important first step towards a movement of greater corporate contribution in creating societal welfare. Evidently these recommendations have been marked by a larger underlying concern.  

There seems to be a growing evidence that limits to future growth will be defined more by vulnerabilities flowing from social inequities, environmental degradation and climate change than by any other economic factor. Admittedly, these are global challenges and a result of faulty economic growth models pursued over decades across the world by depletion and degradation of our natural resources.Yet these concerns are very real today and going forward can seriously constrain the fulfillment of a nations aspirations. NFPC "Navrattan Free Power Corporation Ltd."  is an initiative to change the perspective and archaic ways of catering needs globally.

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