Ministry of Corporate Affairs
Combined expenditure under CSR in all sectors in FY 2016-17 was Rs 4,719 crores
Posted On:
09 FEB 2018 9:50AM by PIB Delhi
The Ministry of Corporate Affairs does not allocate Corporate Social Responsibility (CSR) funds. Section 135 (3) & (4) of the Companies Act, 2013 (the ‘Act’), empowers the Board of the company and its CSR Committee to take decisions regarding allocation of CSR funds for items enlisted in Schedule VII of the Act. The sector-wise details of CSR expenditure for the years 2014-15, 2015-16 and 2016-17 is following:
SECTOR-WISE CSR EXPENDITURE FOR FY 2014-15, FY 2015-16 AND FY 2016-17
|
CSR Expenditure ( In Rs. Crores )
|
|
SI. No.
|
Sectors
|
2014-15
|
2015-16
|
2016-17
|
|
1
|
Health/ Eradicating Hunger/ Poverty and malnutrition/ Safe drinking water / Sanitation
|
2,382.27
|
4,330.21
|
1,201.37
|
|
2
|
Education/ Differently Abled/ Livelihood
|
3,021.47
|
4,689.81
|
1,605.05
|
|
3
|
Rural development
|
1,031.02
|
1,327.57
|
628.56
|
|
4
|
Environment, Animal Welfare, Conservation Of Resources
|
812.31
|
901.80
|
306.68
|
|
5
|
Swachh Bharat Kosh
|
94.52
|
323.24
|
89.35
|
|
6
|
Any Other Funds
|
272.58
|
322.63
|
137.70
|
|
7
|
Gender equality / Women empowerment / Old age homes / Reducing inequalities
|
172.63
|
331.50
|
122.60
|
|
8
|
Prime Minister's National Relief Fund
|
211.04
|
206.08
|
109.81
|
|
9
|
Encouraging Sports
|
53.36
|
134.76
|
51.73
|
|
10
|
Heritage Art and Culture
|
113.62
|
114.90
|
49.64
|
|
11
|
Slum Area Development
|
101.07
|
13.60
|
1.97
|
|
12
|
Clean Ganga Fund
|
4.64
|
32.52
|
22.97
|
|
13
|
Other Sectors (Technology Incubator And Benefits To Armed Forces, Admin Overheads and others*)
|
1,294.24
|
1,099.24
|
391.57
|
|
|
Total Amount (in Rs. Crore)
|
9,564.77
|
13,827.86
|
4,719.00
|
* not specified
This was stated by Shri P.P. Chaudhary, Minister of State for Corporate Affairs in written reply to a question in Lok Sabha today.
***
DSM/RM/KMN
(Release ID: 1520206)
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