In accordance with the new Companies Bill 2012, every company registered under the companies law or any previous laws having a Net worth of Rs. 500 crore or more; or a turnover of Rs. 1000 crore or more; or a Net profit of Rs. 5 crore or more, during any financial year has to spend at least two percent of its average Net profit made during the three immediately preceding financial years on CSR. Since children and youth are the future of any country, a number of companies have started actively focusing on CSR activities, with Education and Employment Enhancing Vocational Skills being a key area.
Big Academy offers Education and Employment Enhancing Vocational Skills Solutions which are specifically targeted at under-served children and youth. In partnership with PSUs and Private Organizations whose CSR mandate includes education and skilling, we create custom offerings that mobilize students, train them in the areas which have been mutually agreed on and then place them in private sectors. The advantage of this to corporates is that they do not need to focus on the non-core area of sourcing and training.