CSR Spends on Swachh Bharat CESS

By | May 4, 2016

CSR Spends on Swachh Bharat CESS

As per Union Budget 2016-2017, the estimated amount to be collected from Swachh Bharat Cess during the year 2016-17 is 10,000 crores. However, there is no proposal of the Government to mandate Corporates to set aside 30% of their CSR spend for Swachh Bharat under consideration of this Ministry.

Information relating to CSR expenditure on various developmental work incurred by 460 listed companies, which have placed annual returns on CSR for the year 2014-15 on their website, is given below:

 

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

 

This was stated by Shri Arun Jaitley, Minister of Corporate Affairs in written reply to a question in the Rajya Sabha on 03.5.16

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