Hyderabad: Chief Minister A. Revanth Reddy on Wednesday said CSR should be treated as a partnership for progress rather than an expense. He urged companies to align spending with priority sectors in Telangana.
During a meeting with corporate representatives, he reviewed the use of Corporate Social Responsibility funds. He said CSR initiatives must deliver measurable outcomes. They should focus on education, healthcare and water resource conservation. He added that a CSR partnership for progress must produce visible and lasting benefits.
The Chief Minister asked companies to choose sectors based on their expertise. In addition, he assured full government support for implementing CSR projects. He said joint efforts could equip students with globally competitive skills. He also described investment in education as an investment in future generations.
CM emphasises CSR partnership for progress in key sectors
Referring to student distribution, he said nearly 44 per cent of the state’s students are in Hyderabad. Therefore, he stressed improving access to quality education through coordinated efforts. He also urged companies to allocate part of CSR funds to local areas where they operate.
Further, he said the government had appointed a dedicated Principal Secretary to streamline CSR coordination. This move, he noted, would help channel funds into education, healthcare, water resources, skill development, heritage conservation and environmental protection.
He acknowledged contributions from corporate groups. Raheja Group and Ramky Group committed Rs 50 crore each. Meanwhile, Yashoda Foundation contributed Rs 10 crore for education. He said such steps strengthened the CSR partnership for progress.
Corporate representatives welcomed the initiative. They said such direct engagement had not taken place earlier. They also expressed interest in supporting school education, healthcare and heritage conservation.
Representatives from Raheja Foundation, Ramky Foundation, Yashoda Hospitals, Megha Group, Apollo Hospitals, Kamineni Hospitals, Indian Green Building Council and NAADAM Foundation attended the meeting along with senior officials.