CSR Activities by Corporate Houses

By | March 15, 2016
(Last Updated On: March 15, 2016)

CSR Activities by Corporate Houses

Corporate Social Responsibility (CSR) provision of the Companies Act, 2013 came into force from 1st April, 2014. The year 2014-15 was the first year of implementation of CSR by companies under the legislation. During this year, a total of 460 listed companies which have placed annual CSR returns on their websites, have spent about Rs. 6337 crores on CSR, as summarised below:

CSR expenditure during 2014-15

 

(in Rs. Crore)

Sl.  NoCompany TypeNo. of CompaniesActual CSR Expenditure
1PSUs512386.60
2Private Sector Companies4093950.76
 Total4606337.36

A statement indicating CSR expenditure incurred on various activities by companies is at Annexure.

This was stated by Shri Arun Jaitley, Minister of Corporate Affairs in written reply to a question in the Rajya Sabha today.

Annexure

Activities wise CSR expenditure (FY 2014-15)

Sl. NoSubjects in Schedule VIICSR Expenditure  (in Rs. Crore)
1Eradicating Hunger, Poverty & Health Care1421.66
2Education/ Vocational skills / livelihood enhancement1462.6
3Women / Old Age / Children219.27
4Environment sustainability1188.69
5Art & Culture539.83
6Sports promotion454.91
7PMNRF etc.125.32
8Rural Development724.32
9Slum Development114.14
10Swatch Bharat Kosh42.64
11Clean Ganga Fund15.49
12Others28.5
 Grand Total6337.36

 

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  1. Pingback: MCA issued FAQ on Corporate Social Responsibility - Tax Heal

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