I believe Wipro is hiring people of Kerala origin in a big way. Looking at the unemployment stats of Karanataka and Kerala of the unemployment youth in the age group 15-29 in the employment exchanges, for Kerala the numbers are increasing year by year whereas the figures for Karnataka are decresing year by year. Hence Wipro gets to retrench experienced and non-mobile personnel from Karnataka and at the same time hire cheap and mobile labour from Kerala.
It is strange to know that company has no obligation to the society, and that too to know it from a respectable person like Premji. When warren Buffet and Bill Gates are setting outstanding example, it is very sad that indian business men refuse to take any responsibility to the society. Have they not grown because of the govt exemption of tax, or concession given to them initially that they are in this position today? Do not we use society resources? some individuals here feel as if contributing 30 thousand tax to the govt is burdensome forgetting the fact that every poor man and woman indeed pay taxes when they buy what ever they buy. If God is gracious to you to get rich, it is expected that we give back. Last, philonthrophy is not just a charity for the business men but a responsibility to the society. We must learn from american and japneese companies in thie regard
What our politicians are doing with the tax collection. They are by way of legal dacoity snatching about 35 Paise for per rupee spent, majority of money is spent on poors, still their numbers have become 5-6 times in last 60 years. How long this goondagardi will continue. Regarding social obligation what govt. has done for population, poverty, employment, corruption, terrorism,-not even national consensus with all party. We are now slaves of these few politicians/govt. servants. There is no SWARAJ. Recently if one looks at election manifeto to Jaylalita and Karuna-as if all State collection is their fathers money-just distribute and forcibly loot from public. our Election commission/Govt. at centre is silent and is a party to such prejudiced election manifesto who claims fair election. Is it not a legal way of money distribution for votes.
Premji has perfectly stated the position of the Indian industry. The basic concept of mandatory CSR spending by corporate sectors is highly unethical in India as the corporate sectors here already take part in various social developments. Further, philanthropic activity comes from within. Government should first concentrate on many vital issues for betterment e.g. Scam; Corruption; Rotting of foodgrains; Expeditious court cases; Bringing back Black Money kept outside country; Good governance; HDI (Human Development Index) rather than GDP alone; Inflation etc etc.
I'm not agreed with premji..bcoz u r taking benefits from society but u can't give back it to them...what a joke!!! and when..when it is only 2%..it shows that in India industrialist and politician are same..means both don't want to help society...both want to earn more and more money only for their swiss a/c.
Re: Against Premji..
by NEELAKANTAN R on Mar 25, 2011 12:09 PM
Read him correctly. He is not against company spending for CSR. He is against any law compelling the company to do so. Do we have any law for the elected representatives compulsorily work for the people who elected them. First let us make that then we can make others to work by a law.Fisrt of all let us uunderstand one thing nothing will come out good with a compulsory law. The spending would be seen in paper. do you want that. The CSR spending should come from the heart of the company.
Re: Re: Against Premji..
by satyendra chauhan on Mar 25, 2011 12:47 PM
@neel.. if you think there will be no law for any thing....then for ur kind information..without rule & regulation u can;t expect that people will walk to their left on roads...so laws are very imp..and there sud be law for CSR also..only 1% companies will spend their money in CSR if we left it to their heart..lol..:p
Dr. Premji is right. Social obligations are the responsibility of the Govt. They are afterall collecting huge taxes. If companies are not paying taxes as per law, the Govt is free to take action. But, compelling Companies to spend in areas that the Govt has responsibilities is totally wrong.
If the Govt feels so strongly, then it must ensure that the allocated funds reach the target areas fully. That way, over a period of time a large population would automatically get covered.
Re: Premji against law on mandatory CSR spending
by Hebbar R on Mar 25, 2011 11:13 AM
But, it is equally right that companies should take up some social responsibilities. Most companies to infact. But, this should be by compulsion. The Govt is also in business by way of som many PSUs. Can one ask what these PSUs are doing in this area?
Re: Re: Premji against law on mandatory CSR spending
by NEELAKANTAN R on Mar 25, 2011 12:13 PM
PSUs do a great CSR. The main thing is the employment. Most of the work in PSUs can be done with fifty percent of the current manpower. But what about solving unemployment problem. Our PSUs are only for employment and not for profit making. This is a great CSR being done by PSUs.
