This year, a law passed by the parliament of India that mandates CSR obligations for large domestic and foreign-owned companies took effect. The India Companies Act applies to any company with a net worth of at least eighty million dollars, a turnover of at least one hundred sixty million dollars, or net profits of at least eight hundred thousand dollars. Such businesses are required by law to develop a CSR strategy, select an implementation system, develop a project plan, report on practices, and choose a partner with CSR expertise to help execute all of the above.