CSR Activities by Corporate Houses

By | 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.  No Company Type No. of Companies Actual CSR Expenditure
1 PSUs 51 2386.60
2 Private Sector Companies 409 3950.76
  Total 460 6337.36

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. No Subjects in Schedule VII CSR Expenditure  (in Rs. Crore)
1 Eradicating Hunger, Poverty & Health Care 1421.66
2 Education/ Vocational skills / livelihood enhancement 1462.6
3 Women / Old Age / Children 219.27
4 Environment sustainability 1188.69
5 Art & Culture 539.83
6 Sports promotion 454.91
7 PMNRF etc. 125.32
8 Rural Development 724.32
9 Slum Development 114.14
10 Swatch Bharat Kosh 42.64
11 Clean Ganga Fund 15.49
12 Others 28.5
  Grand Total 6337.36

 

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