CORPORATE SOCIAL RESPONSIBILITY
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Social Activities
We have started the K C Reddy Charitable Foundation with a Mission and Objectives as under noted below:
The K C Reddy Charitable Foundation has been established with a profound commitment to fostering positive change in society. Our foundation is dedicated to several key objectives that reflect our core values and aspirations.
Promotion of Education and Learning
We believe that education is the cornerstone of personal and societal development. Our foundation aims to support and enhance educational initiatives across all disciplines. We strive to provide resources, scholarships, and learning opportunities that empower individuals to achieve their full potential. By investing in education, we aim to cultivate a knowledgeable and skilled community that can contribute meaningfully to society.
Environmental Preservation
Recognizing the urgent need to protect our planet, we are dedicated to initiatives that promote environmental sustainability. Our efforts include supporting conservation projects, raising awareness about ecological issues, and encouraging practices that contribute to a healthier environment for future generations. We understand that a sustainable future is essential for the well-being of all living beings, and we are committed to playing our part in this vital endeavor.
Relief for the Underprivileged
We are committed to alleviating poverty and providing assistance to those in need. Our foundation actively engages in programs that offer food, shelter, healthcare, and other essential services to marginalized communities, ensuring that everyone has access to basic human rights. We believe that by addressing the immediate needs of the underprivileged, we can help them build a better future for themselves and their families.
Advancement of Public Utility Initiatives
Beyond our primary objectives, we seek to support various projects that enhance the quality of life for the general public. This includes funding community development programs, health initiatives, and cultural activities that foster social cohesion and well-being. We believe that by investing in public utility projects, we can create a more inclusive and thriving society.
Our noble cause is driven by a desire to make a meaningful contribution to society. We recognize the importance of giving back and are committed to allocating a portion of our earnings to support these initiatives. Through our collective efforts, we aim to create a lasting impact that benefits society at large, fostering a brighter and more equitable future for all.
In summary, the K C Reddy Charitable Foundation is dedicated to education, environmental stewardship, poverty relief, and public utility advancement. Together, we can work towards a better society, one initiative at a time.
Our Projects:
The Charitable Foundation One of the Nobel objects is to Spread for promotion of education and learning to all section of peoples in all branches, in line with our objects we have choose to bring the technology into the classes rooms in order to give better and efficient learning to the students.
Having said objective, never known a world without technology, by welcoming technology into the classroom, students and teachers can take advantage of this — benefitting from increased engagement and better learning retention as a result. Some of the efficient technologies with regard to students are laptops and class room projectors which contribute great value addition in their learning skills
Here’s how:
More efficient Note taking:
It can be difficult for students to concentrate on listening and note-taking simultaneously. Showing presentations and information via an interactive projector gives you the ability to share notes digitally at the end of the lesson — and when students know you’ve got the broader note-taking covered, they can focus more on listening, and only writing down things that are specifically useful to them. This can also reduce the issue of pupils taking down incorrect or irrelevant notes, which is particularly useful when covering new or complex topics
Interactive presentations keep children engaged:
It’s much easier to concentrate on something when you seeing videos and images digitally
Interactive projectors also make it easier to teach dynamically:
An interactive projector can be a valuable tool for increasing engagement, even if your students stay in their seats. Watch videos together, take online pop quizzes or view real-time information on the topics you discuss. Discover a gap in your students’ knowledge? Take a moment to research it online as a group
Amplifying classroom productivity like never before:
Interactive classroom projectors save time for both teachers and students – they give teachers the luxury of not having to write everything on the board and students the freedom to not write everything down
Providing an impactful and interactive learning experience:
Through projectors, students are able to learn substantially more they can with just text and images in textbooks
Make better use of time in the classroom
Before projectors became so common in the classroom, teachers would have to get into class early to write up notes, and constantly erase and rewrite content on the board as the lesson progressed. These regular disruptions often caused students to lose interest, or start chatting among themselves as they waited for the next part of the lesson. Then, more time would be wasted on classroom management.
Build games into your lessons
Social networks and smartphone technology have contributed to the rise in popularity of simple puzzle-type games. For teachers, this is good news: it means that students are already familiar with — and fond of — the format used in many educational puzzles.
Reward good behaviour with a quick on-screen math’s game at the end of the lesson, or use quizzes to test English or foreign language skills. Just like smartphones and tablets, interactive projectors use multi-touch, meaning multiple students can complete a puzzle together
Subject wise a better interactive learning experience shall be improvised which is simplified as under
Social Studies: Through the projectors, new learning experiences can occur, such as using Google Earth for geography, or looking at maps.
HISTORY: While teaching History teacher can use the projector to show the pictures and videos of art and architecture, historical places, monuments, inscriptions, videos of independence movement etc.
CIVICS: Using projector the teacher can easily communicate the importance of the Constitution and administration process, government services, political process through videos and pictures.
GEOGRAPHY: Technology plays a major role in this class. The teacher can use google maps. It helps to teach the things quickly and accurately. Teacher can show the picture and videos of types forest, cyclones, rain, oceans, minerals and ores, transports, earth and atmosphere etc
SCIENCE: technological integration can be key to getting students interested, keeping them engaged.
PHYSICS: the teacher can use the projector to teach the students the Laws of physics, space, visual labs etc.
BIOLOGY: here teacher can use the projector to show the biological changes in beings, reproductive system and many things can be easily taught.
LANGUAGES: Projector helps a lot in the language classroom. It keeps the student active and learn the language with model videos.
Religious Activities
Spiritual Activities :
As human beings, we grow up immersed in devotion, often turning to prayer as a source of strength, guidance, wisdom, comfort, and support. Our spiritual beliefs and practices serve as a foundation, shaping our values and influencing our daily lives. We find solace in connecting with the divine, and through our faith, we are inspired to contribute positively to our communities. In keeping with these spiritual values, we actively participate in various religious activities and believe in sharing a portion of our earnings for the greater good of society.
One of the key aspects of our spiritual involvement is donating towards the construction and renovation of temples, which serve as centers of faith and community gathering. Temples not only symbolize our rich cultural heritage but also act as spaces for people to come together, celebrate, and find peace. Our contributions help in preserving these sacred sites, ensuring they continue to be places where future generations can worship and find spiritual solace.
Additionally, we engage in the distribution of clothes and other essential items during religious festivals, extending our support to people at the mandal and panchayat levels. These efforts aim to uplift those in need, providing them with warmth and comfort during festive occasions. By sharing with our community, we embody the spirit of compassion and kindness, reinforcing the bonds that hold us together. Our actions during these celebrations are not just acts of charity but are reflections of our deep-seated belief in giving back and making a meaningful impact.
Through these religious and charitable activities, we strive to make a difference in the lives of those around us. Our involvement in spiritual endeavors reinforces our commitment to living a life guided by faith, generosity, and empathy. We believe that by supporting religious institutions and helping those in need, we contribute to a more harmonious and supportive society. This approach not only enriches our own spiritual journey but also strengthens the fabric of our community, promoting a sense of unity, shared purpose, and collective well-being.
Corporate social responsibility
The Indian corporate sector has seen tremendous growth in the past few years. India’s struggle to grow as a corporate super-power has been quite evident from the fact that there have been tremendous reforms and amendments in the Companies Act and other changes in various foreign investment policies. With such tremendous growth in the opportunities India is being exposed to, there is also a constant demand to keep checks and balances, and ensure that the companies are equally committed to contributing to society. The new Companies Act has not only increased and enhanced the role of the independent director but also ensured that the companies, big or small, are contributing through various Corporate Social Responsibility (CSR) techniques. There is no doubt that the corporate regime is moving from the ideas of self-growth to inclusive growth. Companies are slowly and gradually trying to evolve themselves to become responsible and diverse in their approach. The accounting standards are now being diverted to ensure that their CSR is dutifully inculcated in it. However, given the fact that companies generally know how to mold products to align with their business, CSR is no different. The companies have tried to, time and again, ensure that CSR is intertwined with their goals and thereby reducing their tax liabilities. The current legislative regime has a tight check. CSR needs to become voluntary and effective with time. Under Section 135 and Schedule VII of the Companies Act as well as Companies (Corporate Social Responsibility) Rules, 2014 the companies are required to ensure that 2% of the profits are contributed to CSR activities that are not in the regular course of business but only mentioned in Schedule VII. This is restricted to certain types of companies which are mentioned under Section 135(1) of the Companies Act i.e. Companies with a net worth of INR 500 Crore or more, Companies with INR 1000 Crore or more worth of turnover, or Companies with a net profit of INR 5 Crores or more.
So what role does a Chartered Accountant can play when it comes to CSR?
This is perhaps the best time as the government is trying to promote social activities through such life-altering legislation. We are in an era where there has been a tremendous increase in CSR and thus there is a need to converge the Accounting Standards so that it can take place effectively. Institutions like Security Exchange Board of India (SEBI) have come forth to ensure that the compliance of CSR and efficient governance is taken care of by revising Clause 49 of Listing Agreements, introducing new and updated policies for whistleblowers, Independent Directors, etc. When it comes to the role of Chartered Accountant (CA) it has now reached a new apogee to ensure effective and transparent accounting of the financial statements keeping all these policies in mind. The accountants are now required to play an important part in not just the statutory compliances but also various voluntary aspects of CSR. The key bottleneck is that CA’s who do not go by the rulebooks have little or no practical knowledge regarding CSR. Unless one takes up an online course or has a plethora of experience, it is difficult to explore the wide range of opportunities that CSR could open for CAs. Handy knowledge and practical exposure could just open the gate to unparalleled options for the CAs.
