Education, health care, rural development projects and environment sustainability have emerged as the areas where the companies end up spending the most as part of their Corporate Social Responsibility (CSR) projects. Similarly, states like Maharashtra, Karnataka, Gujarat and Delhi received the maximum
India Inc, as part of its CSR, has spent up to Rs 24,865 as Corporate Social Responsibility (CSR) expenditure for 2020-202, Union Finance and Corporate Affairs Minister Nirmala Sitharaman said in a written reply to a Lok Sabha question. Rs 6,947 crore
According to the data from the Ministry of Corporate Affairs (MCA), spending on corporate social responsibility (CSR) by companies has increased in the most backward districts of the country in the financial year 2021. Data available on the ministry’s CSR portal showed
Ramvati, a fruitseller with two kids — a girl and a boy aged 10 and 13, respectively — was dependent on a Delhi-based NGO for helping the children with free tuition and books before the Covid-19 pandemic. The NGO’s support was vital for
FICCI, along with Trilegal, published a white paper, ESG – Into the Mainstream, during the FICCI ESG Summit 2022, says that achieving India’s climate goals and financing green change requires an investment of $20 billion per year. This requires large budgets, international
Telangana Registrar of Companies Josekutty VE, has said that 330 companies will contribute ₹1200 crore for CSR activities in the state. Speaking at the meeting on Corporate Social Responsibility Review Regulatory and Tax Aspects, Josekutty VE said that the current efforts are
The Centre has asked the Indian corporates to submit a comprehensive report on their corporate social responsibility (CSR) activities, specifying an 11-page form (CSR-2) for this purpose. The new and comprehensive report is supposed to give the government a complete picture of
36,191 new companies incorporated in the country under the provisions of the Companies Act, 2013 between April 2021 and June 2021, which is an increase of 17,223 new companies. In the corresponding period last year, 18,968 new companies were incorporated. The Minister
As many as 21,349 corporate houses spent Rs. 21,231 crores Corporate Social Responsibility (CSR) in the financial year 2019-20. Minister of State for the Ministry of Corporate Affairs Mr Rao Inderjit Singh while replying to a question in the Lok Sabha said