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CS Professional · Labour Laws and Practice · Social Security Legislations

Ananya Foundation, a charitable trust, wants to donate CSR money to the ESI Corporation for health services. A trustee asks whether the Corporation may accept it for the Fund.

Yes. The Corporation may accept grants, donations, Corporate Social Responsibility Fund and gifts from the Central or State Governments, local authorities, or any individual or body, whether incorporated or not, for any of the purposes of the Chapter on Employees' State Insurance.

  1. ANo, only contributions by employers and employees may enter the Fund
  2. BYes, but only from the Central Government
  3. CYes, the Corporation may accept grants, donations, CSR funds and gifts from any individual or body, incorporated or not, for the purposes of the ChapterCorrect
  4. DYes, but only after the Standing Committee obtains Parliament's approval

Explanation

Section 25(2) allows the Corporation to accept grants, donations, Corporate Social Responsibility Fund and gifts from the Central or any State Government, local authority, or any individual or body whether incorporated or not, for the purposes of the Chapter. No Parliament approval is required.

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