Are you an NGO or implementing agency looking to secure funding for your social welfare projects? Look no further than the CSR Exchange Portal - a new initiative launched by the Ministry of Corporate Affairs, Government of India.
In this blog, we'll explore the CSR Exchange Portal and its benefits for NGOs, implementing agencies, and CSR companies. You'll discover how the portal provides an interactive platform for CSR stakeholders
What is National CSR Exchange Portal
National CSR Exchange Portal is an initiative by Ministry of Corporate Affairs, Government of India to establish an interactive platform for CSR Stakeholders. The National CSR Exchange Portal shall serve as an e-marketplace hosting PAN India social welfare projects where stakeholders such as Implementing agencies can put up its ongoing projects and companies can select projects for CSR Spending as per their preferences and vice versa.
The National CSR Exchange Portal is a new initiative launched by the Ministry of Corporate Affairs, Government of India, to establish an interactive platform for CSR stakeholders. The portal will serve as an e-marketplace that hosts PAN India social welfare projects, enabling stakeholders such as implementing agencies to put up their ongoing projects while companies can select projects for CSR spending based on their preferences and vice versa.
The National CSR Exchange Portal is a new initiative launched by the Ministry of Corporate Affairs, Government of India, to establish an interactive platform for CSR stakeholders. The portal will serve as an e-marketplace that hosts PAN India social welfare projects, enabling stakeholders such as implementing agencies to put up their ongoing projects while companies can select projects for CSR spending based on their preferences and vice versa.
Why National CSR Exchange Portal?
One of the recurring issues for companies to carry out CSR activities has been the identification of suitable Implementing Agencies (IAs).
The Exchange Portal will help corporates identify suitable Implementing agencies/NGO’s as for the successful implementation of their CSR Projects, thereby reducing their transaction cost.
The portal also helps to overcome a common challenge cited by corporates for failing to fulfill their CSR obligations due to the "inability to find suitable projects" based on their CSR policy.
CSR Exchange Portal resolves this issue by providing a platform to view projects proposed by various implementing agencies (IAs) and allows them to list their CSR projects for raising funds from corporates.
The National CSR Exchange Portal will also benefit NGOs who are scouting for funds for their projects that could fit into the domain of CSR. It will help connect corporates and implementing agencies to work for the betterment of the country.
How NGO's can register on National CSR Exchange Portal as Implementing Agency
Enter a valid CSR Registration Number (CRN) of your implementing agency and click on search
We have discussed how to register for CSR Registrion number in this blog spot please read Unlocking CSR Funding: A Guide to Complete the CSR 1 Form for NGOs
Confirm the details displayed on the screen and click on send OTP
You will receive a One Time Password (OTP) on the registered email id.
Enter OTP in the box and click on verify
After successful verification, create a username and password
Confirm your Password. Click submit.
Fill in the organization details ,your organization project details
Search for proposal and apply for the proposal
In summary, the National CSR Exchange Portal is a game-changer for the CSR landscape in India. It provides a unique opportunity for corporates and NGOs to come together and collaborate for the betterment of society. The portal's benefits are many, from identifying suitable implementing agencies to fulfilling CSR obligations and scouting for funds for social welfare projects.
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