CSR MAKING GOOD BUSINESS SENSE IN INDIA: ABBREVIATIONS

1. BPO VAL CSR: Building the people, proactively engaging them & giving an opportunity to grow
2. CSR Group: CSR and its subsidiaries from time to time
3. CSP: Corporate social performance
4. LC: Local communities
5. KBK: Kalahandi, Bolangir and Koraput
6. CDI: composite development index
7. LSE: London Stock Exchange
8. VAL: Vedanta Aluminum Ltd

9. (MHU): Mobile Health Unit
10. SHG: Small Help group
11. AISD: Asian Institute for Sustainable Development
12. SSA: Shashya Shilpa Abhiyan
13. CA Project: Chetna Anganwadi Project
14. (KPIs): key performance indicators
15. (CDI): composite development index

“On action alone be thy interest, never on its fruits.

Let not the fruits of action be thy motive, nor be thy attachment to inaction. ” hagavad-Gita, Ch:

Spirituality and Corporate Social Responsibility have had a deep-rooted connection in India. A phenomenon that has preceded the coining of the term ‘CSR’, the link between the ‘karma’ as espoused by sacred Indian texts and initiatives anchoring Corporates as responsible citizens has been amply evident in India since the early days.

Representative APR 391%

Let's say you want to borrow $100 for two week. Lender can charge you $15 for borrowing $100 for two weeks. You will need to return $115 to the lender at the end of 2 weeks. The cost of the $100 loan is a $15 finance charge and an annual percentage rate of 391 percent. If you decide to roll over the loan for another two weeks, lender can charge you another $15. If you roll-over the loan three times, the finance charge would climb to $60 to borrow the $100.

Implications of Non-payment: Some lenders in our network may automatically roll over your existing loan for another two weeks if you don't pay back the loan on time. Fees for renewing the loan range from lender to lender. Most of the time these fees equal the fees you paid to get the initial payday loan. We ask lenders in our network to follow legal and ethical collection practices set by industry associations and government agencies. Non-payment of a payday loan might negatively effect your credit history.

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