On 1st April 2014, the Companies (Corporate Social Responsibility Policy), Rules 2014 brought a kind of revolution in the industry and opened gates to unexplored avenues. The need of the hour is a platform for Corporates to identify their initiative and build a suitable collaboration with an implementing agency. Such services are offered at FICCI SEDF.
FICCI Socio-Economic Development Foundation of India (SEDF) was set up in 1995 to provide an institutional base to the social sector activities of the corporate in India. Through this initiative, FICCI has been promoting and advocating for Corporate Social Responsibility since early 90s, much before it became a buzz word. FICCI-SEDF has a foundation status and is granted exemption under 80 G.
Established in 1927, Federation of Indian Chambers of Commerce and Industry (FICCI) is the largest and oldest apex business organisation in India. Its history is closely interwoven with India's struggle for independence, its industrialization, and its emergence as one of the most rapidly growing global economies. FICCI has contributed to this historical process by encouraging debate, articulating the private sector's views and influencing policy. A non-government, not-for-profit organisation, FICCI is the voice of India's business and industry.
FICCI draws its membership from the corporate sector, both private and public, including SMEs and MNCs; FICCI enjoys an indirect membership of over 2,50,000 companies from various regional chambers of commerce.
To provide an institutional base to the social sector activities of the corporate sector and to promote corporate social responsibility.
FICCI-SEDF works on thematic issues which are relevant for industry and where business can play a significant role. FICCI-SEDF promotes public-private partnership in various areas of social development.