Corporate Social Responsibility Funding

About Digital University Kerala

Digital University Kerala (DUK), established by the Government of Kerala, is India’s premier institution advancing digital technologies across interdisciplinary domains, driving the state’s transformation into a knowledge-based economy. Offering cutting-edge postgraduate and doctoral programs in areas like AI, Blockchain, Cybersecurity, IoT, and Data Analytics, DUK emphasizes both academic excellence and real-world application. With initiatives like the Kerala Blockchain Academy, PM-AJAY, and partnerships with global leaders such as Allianz, GE Healthcare, and CISCO, DUK fosters innovation, inclusive skilling, and entrepreneurship. Its research outputs have led to impactful solutions like the AI-powered GST app “Lucky Bill,” the “Immunochain” vaccine traceability system, and the Kairali AI chip. Recognized with numerous national and international awards, DUK stands at the forefront of digital innovation, societal impact, and technological empowerment.

Corporate Social Responsibility (CSR) has emerged as a key component of responsible business practices in India, particularly under the legal mandate of the Companies Act, 2013. As per Section 135 of the Act and Schedule VII, companies meeting specific financial thresholds are required to allocate at least 2% of their average net profits from the preceding three years towards CSR activities. CSR serves as a powerful mechanism for companies to contribute to the nation’s social, economic, and environmental development, particularly for underserved communities. Recognizing the influential role of the corporate sector in driving societal change, the Act outlines priority areas for corporate social responsibility (CSR) initiatives, including education, poverty alleviation, gender equality, environmental sustainability, and public health.

Additionally, companies can fulfill their CSR obligations by supporting government-funded institutions engaged in scientific and social research. This includes contributions to public universities, IITs, national laboratories, and autonomous institutions under departments such as Atomic Energy (DAE), Biotechnology (DBT), Science and Technology (DST), Pharmaceuticals, Electronics and IT, and AYUSH, as well as organizations like DRDO, ICAR, ICMR, and CSIR. These contributions promote research and innovation aligned with the Sustainable Development Goals (SDGs), thereby enabling corporations to play a strategic role in the nation’s inclusive and sustainable growth.