CSR exchange is a centralized portal for NGO’s & corporate to strategies, implement & manage the CSR projects. It is an initiative of the Ministry of corporate affairs to bring major activities related to allocation of projects under one single umbrella. As the CSR sector scales more efficiently, it is essential to observe its role in national development and to recognise areas that require more attention in order to direct corporations with relevant resources & expertise towards the same. CSR Registration with MCA portal is mandatory for CSR exchange.
CSR Exchange Portal
Application fee for CSR Exchange registration is only Rs. 1,000/-. There is no government fee for registration.
Registration on CSR Exchange portal can be done by the NGO (also termed as implementing agency) or the company. There are few prerequisites which have to be assured before registering on the CSR exchange portal like the NGO should be registered on MCA portal under CSR. A brief write up about the organization with the development sector’s & the area of operations. CSR Exchange Registration usually takes one day of time & then the organization can apply for projects.
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“CSR Policy” means a statement containing the approach and direction given by the board of a company, taking into account the recommendations of its CSR Committee, and includes guiding principles for selection, implementation and monitoring of activities as well as formulation of the annual action plan.
The National CSR Exchange Portal is a government of India initiative to create an interactive platform for CSR stakeholders. The National CSR Exchange Portal will function as an e-marketplace for PAN India social welfare projects. where stakeholders such as NGOs can list their ongoing projects and companies can choose projects for CSR Spending based on their preferences.
Registered corporate entities and Registered NGOs can register on the portal for easy interaction to work together toward well being of societies.
There are no government charges to register on the CSR portal, but professional fees can vary accordingly.
Yes, as per the guidelines of the government it is obligatory to have a company registration Number to be registered CSR exchange portal.
Request For Funds (RFF) is a process where Implementing Agency creates a request for asking of funds for the project on this portal.
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They've been very helpful in our registration with ICEGATE. It was a small thing with a small amount paid which somehow escalated to a very painful procedure. Never did they say "You've only paid so much. It's too much effort for us.".
