The Gurugram Metropolitan Development Authority (GMDA) has registered itself under the Ministry of Corporate Affairs, and is now authorised for undertaking corporate social responsibility (CSR) activities in Gurugram.
Private firms, who aim to conduct activities pertaining to infrastructure development in Gurugram, can now partner with GMDA for their CSR initiatives.
“It is a huge step forward for GMDA, and further strengthens our commitment towards public-private partnership to provide public services and boost civic infrastructure in the city for the benefit of the public at large. All firms and private entities are invited to partner with GMDA in contributing towards the greater growth of the city under their CSR initiative,” said GMDA Chief Executive Officer A Sreenivas.
With this new development, private companies can now directly sign MoUs with GMDA for the projects they wish to undertake under their CSR initiatives.
Earlier, the Haryana State CSR Trust (HSCSRT) facilitated all CSR activities in the state, and a tri-party agreement would be signed among HCSSRT, GMDA and the private firm concerned to execute any activity under CSR.
The process will now be simplified for GMDA and private firms.
CSR projects pertaining to various infrastructure development works such as upgradation of roads, footpaths, cycle tracks, building infrastructure to enhance pedestrian safety, supporting improved traffic management on city roads or spearheading activities for environmental protection, among others, are key areas where the corporate sector can partner with GMDA.