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Is Sustainable Tourism a New Idea?

The World Tourism and Travel Council estimates that the tourism sector will grow at a rate of 7% annually over the next decade, an estimate that may well be somewhat conservative. The sector can also generate significant demand for transportation, resource-heavy infrastructure and energy-intensive activities leading to undesirable ecological damage and climate-related impacts and disparity and inequity in the local population – making the rich richer and the poor poorer in most cases...

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Social Innovation and Job-Creation in India

The Indian economy today generates lesser employment than the number of job entrants in the market. It is estimated that over 30,000 young women and men enter the labour market each day in India, of whom less than half find employment in the current economic scenario1. If we continue to have such high rates of unemployment, it can lead to social problems of drug addiction and rising crime rates especially amongst the youth. Opportunity has become one of the most perplexing questions of our times. Job creation calls for innovation in social institutions.

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CSR Clause in the Companies Act: Four Years After

Clause 135 of the Indian Companies Act, 2013, or the CSR Clause came into effect from April 1, 2014. The practices have been studied by researchers and think tanks. Four years hence, this piece explores the impact and practice of the CSR Clause based on various analysis reports available in the public domain, from conversations with NGOs and from the experience of Tatas, a corporate group that has been practising CSR well before it was legislated (where the author led the sustainability function till August 2017).

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