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    <description>The Committee replaces BRR with the Business Responsibility and Sustainability Report (BRSR) comprising two electronic formats (comprehensive and Lite) structured into General Disclosures, Management and Process, and Principle wise Performance with Essential and Leadership indicators. It recommends phased applicability-initially to large listed companies and to unlisted firms above thresholds-integration with MCA21 (preferably XBRL), guidance notes, pre fill from statutory filings, capacity building, and future development of a Business Responsibility Sustainability Index.</description>
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