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|
|2||Private Sector Companies||409||3950.76|
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.
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|
|5||Art & Culture||539.83|
|10||Swatch Bharat Kosh||42.64|
|11||Clean Ganga Fund||15.49|