Karnataka Eyes ₹10K Cr CSR Surge; CM Urges IT Giants to Adopt and Brand 2,000 Rural Schools
BENGALURU — The Karnataka government is pitching a new, zero-bureaucracy public-private partnership model to major technology companies, aiming to unlock the state’s underutilized ₹10,000 crore Corporate Social Responsibility (CSR) potential.
Speaking at the 'Vision 2030 – CSR Conference' hosted by the Greater Bangalore IT Companies and Industries Association (G-BITCIA), Chief Minister DK Shivakumar invited corporations to directly build, fund, and brand 2,000 rural government schools.The Financial Gap: Unlocking ₹10,000 Crore
The state government highlighted a massive deficit in current corporate social spending. While Karnataka holds the potential to attract nearly ₹10,000 crore in annual CSR capital across various sectors, the total expenditure for the fiscal year 2024-25 stood at...