The consultation deliberated on various topics including Governance of NGOs, Financial Management related aspects of NGOs, Financial Monitoring & Reporting and Legal aspects.
Credibility Alliance, an organisation accrediting voluntary organisations in India and promoting best practices in the sector recently organised a conference titled, ‘Evolving Dimensions of Social Accountability in Voluntary Sector’.
With the Indian companies set to spend 2 per cent of their profits each year on Corporate Social Responsibility (CSR), in accordance to the newly amended Companies Act passed by the Indian Parliament, NGOs would have to learn to work with the corporate world for maximising the social benefits, said the experts representing both the corporate world and the civil society at the conference.
The consultation was graced by Gayatri Subramaniam as Guest of Honour along with Vandana Jena, Chief Guest. The consultation had four sessions including the inaugural session and three technical sessions.
The first technical session addressed key questions on the importance of social accountability as a key agenda. It also looked at it through the prism of legal framework.
The second technical session addressed the challenges faced in terms of social accountability in place. It also focused 4 on the social audits and monitoring tools and what needs to be done.
The third technical session focused on the CSR and the role of voluntary organizations. The fifth session was addressed by the chairperson of the Credibility Alliance, Jagadananda. The conference saw participation and deliberation of the participants, speakers and experts associated to the various fields.