Corporate Social Responsibility: Indian companies putting money where their mouth is

Last Modified: Sat Mar 04 2017 20:15:52 GMT+0530 (India Standard Time)
  • 2%
    of a qualifying company's average net profit of the last three years must be spent towards corporate social responsibility programs. The Ministry of Corporate Affairs in India enforced the Companies Act, 2013 "Act" and the Companies (Corporate Social Responsibility Policy) Rules "CSR Rules" from 1 April 2014.
  • Rs. 7,233 crore
    Amount India's 100 most profitable companies are required to spend on CSR in 2015-16, based on the Act.
  • Rs. 7,355
    Amount these companies committed to spend, Rs. 122 crore more than required.
  • Rs. 6,518 crore
    Actual amount spent by the companies.
  • Rs. 4,155 crore
    (63.74%) was spent on health, sanitation and education sector.
  • Rs. 804 crore
    (12.34) spent on rural sector.
  • Rs. 154 crore
    (~3%) spent on all other sectors such as National Heritage, Support to War Veterans, PM Relief Fund, Sports, Technology Incubators, Slum Development.