CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY
At R K Reclaim & Rubber Products Pvt. Ltd., we believe that humankind is one community,
where each member is responsible for the well-being of the other.
Our CSR initiatives focus on the holistic development of mass communities and create social,
environmental and economic value to the society.
APPLICABILITY
Our CSR activities are Pursuant to Section 135 of the Companies Act, 2013 and the
Companies (Corporate Social Responsibility Policy) Rules, 2014, as well as activities to be
undertaken as per Schedule VII of the Companies Act, 2013
ORGANIZATION
The company has constituted the Corporate Social Responsibility Committee of the board as
pursuant to section135 of Companies Act, 2013 with the following composition
1. Harkishan Hiralal Rajkotia
2. Tejas Harkishan Rajkotia
RESPONSIBILITIES
The roles and responsibilities of the Committee shall be the following:
a) Formulate, monitor, and recommend the CSR Policy
b) Recommend modification to the CSR Policy as and when required
c) Recommend the amount of expenditure to be incurred on the activities undertaken
d) Review the performance of the company in the area of CSR, including the evaluation of
the impact of the company’s CSR activities.
e) Review the Company’s disclosure of CSR matters
Consider other functions or as may be stipulated under any law, rule or regulation, and
the Companies Act, 2013
BUDGET
The budget allocated for spending on CSR activities shall be at least 2% of the average net
profits the Company made during the three immediately preceding financial years, in
pursuance of this policy.
The CSR committee will decide the total budget for CSR activities and allocation of funds for
any specific CST activity.
The CSR Policy mandates that the surplus arising out of the CSR projects or programs or
activities shall not form part of the business profit of a company.
The CSR projects or programs or activities undertaken in India only shall amount to CSR
expenditure.
All CSR activities must fall within the purview of Schedule VII of the Companies Act 2013.
Tax treatment of CSR spent will be in accordance with the Income Tax Act as may be notified
by CBDT.
ACTIVITIES
For purposes of focusing its CSR efforts in a continued and effective manner, the following
areas have been identified
1. Eradicating hunger, poverty, and malnutrition, promoting health care including
preventive health care and sanitation including contribution to the Swachh Bharat Kosh
set-up by the Central Government for the promotion of sanitation and making available
safe drinking water.
2. Promoting education, including special education and employment enhancing vocation
skills especially among children, women, the elderly, and the differently-abled and livelihood
enhancement projects.
3. Promoting gender equality, empowering women, setting up homes and hostels for
women and orphans; setting up old age homes, daycare centres, and such other facilities
for senior citizens and measures for reducing inequalities faced by socially and
economically backward groups.
4. Ensuring environmental sustainability, ecological balance, protection of flora and fauna,
animal welfare, agroforestry, conservation of natural resources, and maintaining quality
of soil, air, and water including contribution to the Clean Ganga Fund set-up by the
Central Government for rejuvenation of river Ganga.
5. Protection of national heritage, art, and culture including restoration of buildings and
sites of historical importance and works of art; setting up public libraries; promotion and
development of traditional art and handicrafts.
6. Measures for the benefit of armed forces veterans, war widows and their dependents
(Central Armed Police Forces (CAPF) and Central Para Military Forces (CPMF) veterans,
and their dependents including widows).
7. Training to promote rural sports, nationally recognised sports, paralympic sports and
Olympic sports
8. Contribution to the prime minister's national relief fund or Prime Minister’s Citizen
Assistance and Relief in Emergency Situations Fund (PM CARES Fund) or any other fund
set up by the central government for socio-economic development and relief and
welfare of the schedule caste, tribes, other backward classes, minorities and women
9. Contribution to incubators funded by Central Government or State Government or any
agency or Public Sector Undertaking of Central Government or State Government, and
contributions to public-funded Universities, Indian Institute of Technology (IITs), National
Laboratories and Autonomous Bodies (established under the auspices of Indian Council
of Agricultural Research (ICAR), Indian Council of Medical Research (ICMR), Council of
Scientific and Industrial Research (CSIR), Department of Atomic Energy (DAE), Defence
Research and Development Organisation (DRDO), Department of Biotechnology (DBT),
Department of Science and Technology (DST), Ministry of Electronics and Information
Technology) engaged in conducting research in science, technology, engineering and
medicine aimed at promoting Sustainable Development Goals (SDGs).
10. Rural development projects
11. Slum area development. For the purposes of this item, the term `slum area' shall mean
any area declared as such by the Central Government or any State Government or any
other competent authority under any law for the time being in force.
12. Disaster management, including relief, rehabilitation and reconstruction activities.
IMPLEMENTATION
