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Home News News and Press Release Month 12 2024 2024 (12) This

CSR Expenditure in Aspirational Districts has consistently increased from FY 2020-21 to 2022-23

16-12-2024
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Rs. 1402.89 Cr. spent in FY 2022-23 as CSR expenditure in these districts

The legal framework for Corporate Social Responsibility (CSR) has been provided under Section 135 of the Companies Act, 2013 (‘Act’), Schedule VII of the Act and Companies (CSR Policy) Rules, 2014. The details of the amount spent under CSR in Aspirational Districts for the last three financial years (FYs) i.e. 2020-21 to 2022-23 is given below.

CSR Expenditure in Aspirational Districts

CSR Expenditure in Aspirational Districts for FY 2020-21 to 2022-23

Financial year

2020-21

2021-22

2022-23

Amount in Rs. Cr.

651.43

1046.43

1402.89

(Data upto 31.03.2024) (Source: Corporate Data Management Cell)

The Minister of State in the Ministry of Corporate Affairs and Minister of State in the Ministry of Road Transport and Highways, Shri Harsh Malhotra stated this in a written reply in Lok Sabha today.

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