Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
News

Home News News and Press Release Month 3 2016 2016 (3) This

CSR Activities by Corporate Houses

15-3-2016
  • Contents

Press Information Bureau

Government of India

Ministry of Corporate Affairs

15-March-2016 18:13 IST

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 ₹ 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

*******

DSM/KA

Quick Updates:Latest Updates