Ministry of Corporate Affairs
Press Release dated 15-03-2016
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 |
Before staying CESTAT order the High Court should have framed the substantial questions of law and thereafter could have passed…
Chartered Accountant issuing Form 15CB not required check genuineness or otherwise of documents submitted by his clients – Supreme Court…
Ongoing investigation qua absconding person, cannot be a ground to deny bail to person against whom the investigations have been…
Accommodation entry operators also routinely obtain PAN, file ITRs, and maintain bank accounts, to give a facade of legitimacy to…
ICAI sets up two new branches : at Morbi and Bhiwandi The Institute of Chartered Accountants of India (ICAI) has…
Central Government notifies amended Protocol between India and Belgium for Avoidance of Double Taxation and the Prevention of Fiscal Evasion…