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Home News News and Press Release Month 4 2017 2017 (4) This

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Use of CSR Fund on Health and Education

11-4-2017

Contents

Press Information Bureau

Government of India

Ministry of Corporate Affairs

11-April-2017 17:49 IST

The CSR expenditure of companies is compiled development sector-wise as listed in Schedule VII of the Companies Act, 2013. The development sector-wise CSR spend of the companies on education and health for the years 2014-15 and 2015-16 is given in Table below. The Companies Act, 2013 already provides an institutional framework for the use of CSR funds by companies.

DEVELOPMENT SECTOR WISE CSR EXPENDITURE FOR FY 2014-15 AND FY 2015-16

CSR Expenditure (in Rs. Crores)
Sectors	2014-15	2015-16
Health/ Eradicating Hunger/Poverty and malnutrition/ Safe drinking water / Sanitation	2246	3117
Education/ Differently Abled/Livelihood	2728	3073
Rural development	1017	1051
Environment/ Animal Welfare/ Conservation of resources	1213	923
Swachh Bharat Kosh	121	355
Any other Fund	36	262
Gender equality/Women empowerment/Old age homes/Reducing inequalities	326	213
Prime Minister's National Relief Fund	192	136
Encouraging Sports	160	95
Heritage Art and Culture	157	90
Slum area development	123	9
Clean Ganga Fund	19	3
Other Sectors (Technology Incubator and benefits to armed forces, admin overheads and others*)	465	497
Total Amount	8803	9822
Number of Companies for which data compiled	7334	5097
* not specified

This was stated by Shri Arjun Ram Meghwal, Minister of State for Corporate Affairs in written reply to a question in Rajya Sabha today.

*****

DSM/KA

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