Funding to govt incubators, public universities now under CSR spend – Sandeep Jhunjhunwala

In a bid to revitalise the higher education sector in India and to forge stronger linkages between industry and academia, the government has redefined the scope of 2% mandatory corporate social responsibility (CSR) contribution made by companies. Now, companies can spend their contribution on centrally funded and state-funded academic institutions, universities and incubators.

Sandeep Jhunjhunwala, Director shares his views on aforementioned story for Financial Express.