Agency
KOHIMA: With a view to attract more Corporate Social Responsibility (CSR) investment, the Nagaland government through its Investment and Development Authority is geared up to hold the first ever Nagaland CSR, Investment and Banking Conclave from July 4 to 6 in Kohima.
Union Finance Minister, Nirmala Sitharaman along with many top bankers and investors from across the country will be participating in the three-day long programme, informed Investment and Development Authority of Nagaland (IDAN) Chief Executive Officer, Alemtemshi Jamir during a media briefing here.
Jamir said that while CSR is an enactment of the Central government since 2013 directing all companies with a net worth of Rs 500 crore or more and turnover of Rs 1,000 crore or more should keep two per cent of their profit for CSR activities.