Corporate Sector Urged To Align CSR With Telangana Rising–2047
The minister said the state government accorded priority to partnerships with industries, educational institutions, voluntary organisations and the corporate sector in achieving these objectives
HYDERABAD: IT and industries minister Duddilla Sridhar Babu on Saturday called on corporate organisations to partner with the state’s long-term development vision, Telangana Rising–2047, by aligning their Corporate Social Responsibility (CSR) initiatives with its priorities. He said inclusive and sustainable development could be achieved only through the collective efforts of government, industry and society.
Speaking after inaugurating the 50th Southern India Regional Conference of Company Secretaries, a two-day event organised by the Hyderabad Chapter of the Institute of Company Secretaries of India (ICSI) at the Telangana Contractors Cultural Club, Kondapur, Sridhar Babu described Telangana Rising–2047 as a vision aimed at achieving inclusive economic growth and social progress. He said the goal was to ensure that economic growth translated into social progress, innovation generated employment opportunities, and development reached every constituency while benefiting all sections of society.
The minister said the state government accorded priority to partnerships with industries, educational institutions, voluntary organisations and the corporate sector in achieving these objectives. Assuring investors and companies of continued support, he said the government would remain a reliable partner in implementing impactful CSR initiatives while facilitating industrial investments across Telangana.
Referring to rapid advances in Artificial Intelligence, data governance and cyber security, Sridhar Babu said the responsibilities of corporate professionals had expanded significantly. He urged company secretaries to complement their compliance responsibilities by serving as strategic advisers to corporate boards, particularly in governance, sustainability and ethical business practices.
He also appreciated the Institute of Company Secretaries of India for joining the state government’s flagship Constituency Development Programme (CDX) as a knowledge partner. Expressing confidence that more corporate organisations and professional institutions would collaborate with the government, he said such partnerships would advance Telangana’s long-term development agenda.
ICSI national and regional office-bearers, including Mahadev Tirunagari, M. Damodaran, Shilpa and Karthik, were present.
