Tuesday, 15 March 2016

CSR Activities by Corporate Houses

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:
1. By PSUs (Total 51 companies )- Rs. 2386.60crs
2. By Private Sector Companies(Total 409 companies)-3950.76crs

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