MML CSR Policy


As per the Companies Act, 2013, the mandatory provisions of the Corporate Social Responsibility (CSR) Policy have been formally introduced for its adherence by Indian Companies. The industry has responded positively to this reform measures undertaken by the Government. In the case of KSMCL, the practice of CSR is not new as it is being followed since many years particularly keeping in view the fact that the Karnataka State Minerals Corporation Limited is into mining major and minor minerals mostly in backward areas, of the state.

Objectives

The main objectives of the CSR policy is to lay down guidelines for CSR activities of KSMCL, in compliance with the requirements of new Companies Act, 2013 and rules made there-under with specific emphasis to identify and help the under privileged and the under developed areas in and around the operational areas of KSMCL in particular, and other parts of the State of Karnataka, in general.

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