opensansad/lok-sabha-qa huggingface dataset:
Lok Sabha Question No. 2064 (UNSTARRED), answered on 2018-12-21
Subject: Environmental Coastal Protection Projects
Ministry: ENVIRONMENT,  FORESTS AND CLIMATE CHANGE
Asked by: HEMANT TUKARAM GODSE

## GOVERNMENT OF INDIA MINISTRY OF ENVIRONMENT, FOREST AND CLIMATE CHANGE

## LOK SABHA UNSTARRED QUESTIONNO. 2064

TO BE ANSWERED ON 21.12.2018

## Environmental Coastal Protection Projects

## 2064: SHRI GODSE HEMANT TUKARAM

Will  the  Minister  of  ENVIRONMENT,  FOREST  AND  CLIMATE  CHANGE  be  pleased  to state:

- (a) whether environmental coastal protection projects are being implemented in the country for different coastal States including Maharashtra;
- (b) if so, the details of the projects indicating the work being done and the funds allocated for the purpose;
- (c) whether there has been any delay in implementation of these projects; and
- (d) if so, the reasons therefor and the corrective measures taken by the Government in this regard?

## ANSWER

## MINISTER  OF  STATE  IN  THE  MINISTRY  OF  ENVIRONMENT,  FOREST  AND CLIMATE CHANGE (DR. MAHESH SHARMA)

- (a) & (b) To protect and conserve the coastal and marine environment, Ministry of Environment,  Forest  and  Climate  Change  is  implementing  the  World  Bank  assisted Integrated Coastal Zone Management (ICZM) Project in selected coastal stretches of Gujarat, Odisha and West Bengal under Phase-I. The total budget for this project is Rs. 1655.10  Crores  and  activities  aimed  at  conservation  of  natural  coastal  resources, pollution abatement, alternative livelihood for  coastal  community  and  capacity building have been undertaken under the project. The High Tide Line for the entire coast of the country have also been delineated in addition to mapping of Ecological Sensitive Areas and Sedimentation Cells along the Indian coast.
- (c)& (d)   The duration of the Integrated Coastal Zone Management (ICZM) Project was initially from 2010 to March 2015 but was extended upto December 2018. The delay is due to natural catastrophe viz.Phallin Cyclone in Odisha, local elections in the states of West Bengal  and  Gujarat  and  repeated  non  responsive  bids  for  some  components  of  the project.

***
Lok Sabha Question No. 2063 (UNSTARRED), answered on 2018-12-21
Subject: Destruction of Coral Reefs
Ministry: ENVIRONMENT,  FORESTS AND CLIMATE CHANGE
Asked by: GOPALAKRISHNAN CHINNARAJ

## GOVERNMENT OF INDIA MINISTRY OF ENVIRONMENT, FOREST AND CLIMATE CHANGE

## LOK SABHA UNSTARRED QUESTION NO. 2063

TO BE ANSWERED ON 21.12.2018

## Destruction of Coral Reefs

## 2063. DR. C. GOPALAKRISHNAN:

Will the Minister of ENVIRONMENT, FOREST AND CLIMATE CHANGE be pleased to state:

- (a) whether the Union Government is aware of the rising sea temperature caused by climate change which killed several corals and destroyed coral reefs in the Gulf of Mannar and Konkan Coast during the years 2014-2017 as per the recent underwater survey conducted by Suganthi Devadason Marine Research Institute (SDMRI), Tuticorin;
- (b) if so, the details thereof;
- (c) whether the Union Government has taken any steps to save the remaining corals in the Gulf of Mannar and Konkan Coast;
- (d) if so, the details thereof; and
- (e) if not, the reasons therefor?

## ANSWER

## MINISTER  OF  STATE  IN  THE  MINISTRY  OF  ENVIRONMENT,  FOREST  AND CLIMATE CHANGE (DR. MAHESH SHARMA)

- (a) and (b)  The Government is aware of impact of rising sea temperature on corals. As per reports of Suganthi Devadason Marine Research Institute (SDMRI), in Malvan (Maharashtra), about 85% corals were bleached and out of the total bleached corals, 8% live corals were dead and others recovered in 2015.  In Gulf of Mannar, over 24% corals were bleached and out of the total bleached corals, about 16% live corals were dead in 2016.
- (c) to (e)  A Coral Bleaching Alert System has been operationalised by the Indian National Centre  for  Ocean  Information  Services.  The  Government  is  implementing  a  Centrally Sponsored Scheme entitled 'Conservation and Management of Mangroves and Coral Reefs' at  four  sites  namely  Lakshadweep,  Gulf  of  Kachchh,  Gulf  of  Mannar  and  Andaman  & Nicobar  Islands  for  restoration,  monitoring,  conservation  and  management  of  coral  reefs. Some projects have been implemented in Gulf of Mannar and Sindhudurg coast focusing on rehabilitation of coral communities and setting up of artificial reefs. Some species of Corals have been provided legal protection under the Wildlife (Protection) Act, 1972. The coral reef areas are declared as ecologically sensitive under the Coastal Regulation Zone Notification, 2011 and the Island Protection Zone Notification, 2011.

***
Lok Sabha Question No. 2056 (UNSTARRED), answered on 2018-12-21
Subject: Illegal Transfer of Money
Ministry: FINANCE
Asked by: VEENA DEVI, PREM SINGH CHANDUMAJRA

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE

## LOK SABHA

## UNSTARRED QUESTION No. 2056 TO BE ANSWERED ON FRIDAY, DECEMBER 21, 2018

## AGRAHAYANA 30, 1940 (SAKA)

## ILLEGAL TRANSFER OF MONEY

## 2056: SHRIMATI VEENA DEVI: PROF. PREM SINGH CHANDUMAJRA

Will the Minister of FINANCE be pleased to state:

- a) whether  several  India-based  MNCs  have  transferred  money  as  royalty  to  their company abroad during the past few years;
- b) if so, the details thereof;
- c) the average percentage of amount of annual foreign capital investment permissible to be transferred as royalty;
- d) the names of ten major industries in the country from where money in the form of royalty is transferred abroad; and
- e) the total amount in the form of royalty transferred to foreign countries during the year 2015-2016, 2016-2017 and 2017-2018?

## ANSWER MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI SHIV PRATAP SHUKLA)

- (a) and (b) India-based MNCs transfer money as royalty to their parent company abroad depending upon the nature of business and agreement thereof.  Data in respect of the same is not maintained separately.
- (c) The Government of India, vide Press Note 8 (2009), permitted payments for royalty, lumpsum fee for transfer of technology and payments for use of trademark/brand name on the automatic route, i.e. without any approval of the Government of India.

(d) The major industries from where money in the form of royalty is transferred abroad are - (i) Automobile and Auto parts; (ii) IT and IT Enabled Services; (iii) Petroleum and  Petrochemicals;  (iv)  Power  and  energy;  (v)  Electronics  including  Computer Hardware; (vi) Engineering goods; (vii) Cement; (viii) Mining and Construction; (ix) Wholesale Trading; and (x) Food Processing.

(e) The data on total amount in form of royalty transferred to foreign countries is not maintained. The data available in respect of royalty paid to a foreign company or nonresidents  other  than  a  company  extracted  from  income  tax  returns  available  for  last three assessment years is tabulated below:

| Assessment Year   | Amount in Rs. (crores)   |
|-------------------|--------------------------|
| 2015-16           | 16,553.39                |
| 2016-17           | 22,728.70                |
| 2017-18           | 27,002.19                |

*****
Lok Sabha Question No. 2049 (UNSTARRED), answered on 2018-12-21
Subject: Impact of ATM Closure
Ministry: FINANCE
Asked by: K. C. VENUGOPAL, SRINIVAS KESINENI, SANTOSH AHLAWAT, RAJU ALIAS DEVAPPA ANNA SHETTI, PANKAJ CHOWDHARY, PARASURAMAN K., BHAGWANTH KHUBA, P. C. MOHAN

## GOVERNMENT OF' INDIA

## MINISTRY OF FINANCE DEPARTMENT OF FINANCIAL SERVICES

## LOK SABHA UNSTARRED QUESTION No. 2049

TO BE ANSWERED ON 21S DECEMBER, 2018 (FRIDA YYAGRAHAYANA 30. 1940 (SAKA)

## Impact of ATM Closure

2049. SHRI KC. VENUGOPAL: SHRI KESINENI NANI: SHRIMATI SANTOSH AHLAWAT: SHRI RAJU SHETTY: SHRI PANKAJ CHAUDHARY: SHRI K PARASURAMAN: SHRI BHAGWANTH KHUBA: SHRI PC: MOHAN:

## Will the Minister of FINANC be pleased to state:

- whether in the wake of likely closure of ATMs aS per reports by Confederation of ATM Industry (CATMI) number of non-urban ATMs may be shut down badly impacting financial inclusion efforts   particularly in respect of millions of beneficiaries under Pradhan Mantri Jan Dhan   Yojana (PMJDY) who withdraw subsidies in form of' cash through ATMs and create queues and chaos in ATMs; if the steps taken by the Government t0 avoid such a situation and solve the crisis; large long
- b) whether this forced closure is on account of unviability of operations brought about by recent regulatory guidelines for ATM hardware and software upgrades:
- if so, the details thereof and the failure on the part of the Government to forsee this before bringing in new regulation; and
- the steps taken/action plan prepared/alternate mechanism devised by the Government to stop lakhs of ATMs from shutting down and ensure that the customers do not face any difficulty and the time by which it is likely t0 be resolved?

## Answer

## The Minister of State in the Ministry of Finance (SHRI SHIV PRATAP SHUKLA)

- (a) to (d) As apprised by the Public Sector Banks (PSBs). while shut  down: their ATMs, have also initiated necessary   steps to comply with the guidelines issued by Reserve Bank of India (RBI) on various control and risk mitigation measures. they they

In addition to the ATM, the beneficiaries of Pradhan Mantri Jan-Dhan Yojana (PMJDY) can avail banking services provided by the Business Correspondents (BCs) through their micro ATMs.
Lok Sabha Question No. 2047 (UNSTARRED), answered on 2018-12-21
Subject: Patients Burden on AIIMS, Delhi
Ministry: HEALTH AND FAMILY WELFARE
Asked by: RAJESH RANJAN  (PAPPU  YADAV), KAUSHALENDRA KUMAR, RANJEET RANJAN

## GOVERNMENT OF INDIA MINISTRY OF HEALTH AND FAMILY WELFARE DEPARTMENT OF HEALTH AND FAMILY WELFARE

## LOK SABHA UNSTARRED QUESTION NO. 2047 TO BE ANSWERED ON 21 ST DECEMBER, 2018

## PATIENTS BURDEN ON A IIMS, DELHI

## 2047. SHRI RAJESH RANJAN: SHRI KAUSHALENDRA KUMAR: SHRIMATI RANJEET RANJAN:

Will the Minister of HEALTH AND FAMILY WELFARE be pleased to state:

- (a) whether AIIMS at Delhi is facing heavy rush of patients despite new AIIMS having been opened in other parts of the country;
- (b) if so, the reasons th erefor;
- (c) whether all the newly opened AIIMS are not fully functional/working smoothly, if so, the details thereof; and
- (d) the concrete steps being taken by the Government to ensure smooth functioning of new AIIMS and ease the pressure of patients in AIIMS atDelhi?

## ANSWER THE MINISTER OF STATE IN THE MINISTRY OF HEALTH AND FAMILY WELFARE (SHRI ASHWINI KUMAR CHOUBEY)

- (a) & (b): The statistics do not indicate any downward trend in the patients load com to AIIMS, New Delhi. No significant change in demographic profile of patients coming from Delhi or other States has been observed in the past few years.
- (c) & (d): All  the  newly  opened  six  AIIMS  at  Raipur,  Rishikesh,  Bhopal,  Patna, Bhubneshwar and Jodhpur are functional. To ensure smooth functioning of new AIIMS and ease  the  pressure  of  patients  in  AIIMS  at  Delhi,  systemic  improvements  in  construc procurement and faculty recruitment have been introduced.
Lok Sabha Question No. 2040 (UNSTARRED), answered on 2018-12-21
Subject: Financial Support for MSMEs
Ministry: FINANCE
Asked by: V. SATHYABAMA, KONAKALLA NARAYANA RAO, PR. SENTHILNATHAN, R. VANAROJA, R.K. BHARATHI MOHAN

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF FINANCIAL SERVICES

## LOK SABHA

## UN-STARRED QUESTION NO. 2040 TO BE ANSWERED ON DECEMBER, 2018 AGRAHAYANA 30, 1940 (SAKA) 21st

## 'Financial Support for MSMEs'

2040 :

Shrimati V. Sathya Bama

Shri Konakalia Narayana Rao

Shri PR. Senthil Nathan:

Shrimati Vanaroja R::

Shri Bharathi Mohan RK

Will the Minister of FINANCE be pleased to state

- (a) whether the Government has recently launched any financial support and outreach programme to promote and strengthen the Micro, Small and Medium Enterprises (MSMEs) sector in the country;
- (b) if so, the details thereof along with the funds allocated for the purpose during each of the last three years and the current year; State/UT-wise including Tamil Nadu; and
- (c)
- the other steps takenlproposed to be taken by the Government in this regard ?

## ANSWER

## THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI SHIV PRATAP SHUKLA)

- (a) and (b) Government have launched a support and outreach programme for Micro, Small and Medium Enterprises (MSMEs) on November, 2018. The programme inter-alia, includes, initiatives for MSMEs on access to credit; access to market; technology upgradation, ease of doing business, social   security for MSME sector employees, etc. 2nd

by not have State

- (c) Government and Reserve Bank of India (RBI) have taken several steps to ensure access of credit to Micro, Small and Medium Enterprises (MSMEs). These inter-alia, growth in credit to Micro and Small Enterprises (MSEs) , allocation of 60% of the MSEs advances to the micro enterprise accounts, a 10% annual growth in number of micro enterprise accounts, additional working capital limit to meet the requirements arising due to  unforeseenlseasonal increase in demand, adoption of one cluster; operationalising at least one specialised MSME Branch in every district;  simplified computation of working capital of MSE units to make it minimum 20% of the projected annual turnover of the unit for borrowal limits upto Rs.5 crore, setting up of Trade Receivables Discounting System (TReDS) to solve the problem of delayed payment of year

The initiatives include certain schemes which  envisage an allocation of fund respective Ministries. These schemes are on all India basis and do specific allocation of funds

******
Lok Sabha Question No. 2038 (UNSTARRED), answered on 2018-12-21
Subject: Medical Colleges in Jharkhand
Ministry: HEALTH AND FAMILY WELFARE
Asked by: RAM TAHAL CHOUDHARY, VIJAY KUMAR HANSDAK

## GOVERNMENT OF INDIA MINISTRY OF HEALTH AND FAMILY WELFARE DEPARTMENT OF HEALTH AND FAMILY WELFARE

## LOK SABHA UNSTARRED QUESTION NO. 2038 TO BE ANSWERED ON 21 ST DECEMBER, 2018 MEDICAL COLLEGES IN JHARKHAND

## 2038. SHRI RAM TAHAL CHOUDHARY: SHRI VIJAY KUMAR HANSDAK:

Will the Minister of HEALTH AND FAMILY WELFARE be pleased to state:

- (a) whether super speciality blocks have been sanctioned in the medical colleges under the Pradhan Mantri Swasthya Suraksha Yojana (PMSSY) in Jharkhand;
- (b) if so, the details thereof;
- (c)  the  names  of  medical  colleges where  super  speciality  wings  have  been set  up  in Jharkhand;
- (d) whether there is shortage of specialized doctors in the above mentioned super speciality blocks;
- (e) the reaction of the Government thereto; and
- (f) the details of measures proposed to be taken in this regard?

## ANSWER THE MINISTER OF STATE IN THE MINISTRY OF HEALTH AND FAMILY WELFARE (SHRI ASHWINI KUMAR CHOUBEY)

(a) to (c): Super Speciality Blocks have been sanctioned in t he following Government Medical Colleges in Jharkhand under PMSSY Upgradation programme, as per details given below: -

| S. No   | Name of Medical Colleges                              | Phase   | Approved outlay (Rs. Crore)   | Approved outlay (Rs. Crore)   | Approved outlay (Rs. Crore)   |
|---------|-------------------------------------------------------|---------|-------------------------------|-------------------------------|-------------------------------|
|         |                                                       |         | Central share                 | State share                   | Total                         |
| 1.      | Rajendra Institute of Medical Sciences (RIMS), Ranchi | I       | 100                           | 20                            | 120                           |
| 2.      | Patliputra Medical College, Dhanbad                   | III     | 120                           | 30                            | 150                           |

- (d) to (f): As  per  the  PMSSY  upgradation  programme,  provisioning  of  manpower including super - specialist doctors to run the Super - Speciality Blocks built under PMSSY , is the responsibility of the State Government concerned.
Lok Sabha Question No. 2037 (UNSTARRED), answered on 2018-12-21
Subject: Recruitment of Yoga Teachers
Ministry: AYURVEDA,YOGA & NATUROPATHY,UNANI,SIDDHA AND HOMEOPATHY (AYUSH)
Asked by: JANARDAN MISHRA, RODMAL NAGAR

## GOVERNMENT OF INDIA MINISTRY OF AYURVEDA, YOGA & NATUROPATHY, UNANI, SIDDHA AND HOMOEOPATHY (AYUSH)

## LOK  SABHA UNSTARRED  QUESTION NO.2037 TO BE ANSWERED ON 21 ST DECEMBER, 2018

## RECRUITMENT OF YOGA TEACHERS

## 2037. SHRI JANARDAN MISHRA: SHRI NAGAR RODMAL:

Will the Minister of AYURVEDA, YOGA AND NATUROPATHY,UNANI, SIDDHA AND HOMOEOPATHY (AYUSH) be pleased to state:

- (a) whether the Government is formulating any action plan for recruitment of yoga teache setting up of centres in th e country to promote yoga and naturopathy;
- (b) if so, the details thereof;
- (c) the number of yoga teachers recruited and the number of centres set up in Madhya Pra and
- (d) the number of yoga teachers recruited so far during the year 2016 - 2018?

## ANSWER THE MINISTER OF STATE (IC) OF THE MINISTRY OF AYURVEDA, YOGA & NATUROPATHY, UNANI, SIDDHA AND HOMOEOPATHY (SHRI SHRIPAD YESSO NAIK)

- (a) to (d): Health is a State subject, and deploying Yoga teachers and setting up of Y centres on a large scale to promote Yoga & Naturopathy therefore fall under the purvie State Governments.

However, there are three autonomous bodies namely Morarji Desai Na tional Institute of Yoga (MDNIY), Delhi, Central Council for Research in Yoga & Naturopathy (CCRYN), Delhi, and  National  Institute  of  Naturopathy  (NIN),  Pune  under  Ministry  of  AYUSH,  which  ar engaged in Yoga & Naturopathy. These institutions recruit Yoga teachers on a limited scale for promotion of Yoga & Naturopathy within their respective jurisdictions.

....................
Lok Sabha Question No. 2036 (UNSTARRED), answered on 2018-12-21
Subject: Service Tax Evasion
Ministry: FINANCE
Asked by: SUMEDHANAND SARASWATI, RAMDAS CHANDRABHANJI TADAS, NARANBHAI KACHHADIA, BIDYUT BARAN MAHATO, CHANDRA PRAKASH JOSHI

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE

……..

## LOK SABHA UNSTARRED QUESTION No. 2036 TO BE ANSWERED ON FRIDAY, THE 21 st  DECEMBER, 2018 AGRAHAYANA 30, 1940 (SAKA) QUESTION SERVICE TAX EVASION

## 2036.     SHRI SUMEDHANAND    SARSWATI:

SHRI RAMDAS C. TADAS:

SHRI NARANBHAI KACHHADIYA:

SHRI BIDYUT BARAN MAHATO:

SHRI CHANDRA PRAKASH JOSHI:

Will the Minister of FINANCE be pleased to state:

- (a) The  number  of  companies  against  whom  action  has  been  taken  for  service  tax evasion  during  the  last  four  years  alongwith  the  number  of  arrests  made  so  far  in  this regard, State/ UT -wise;
- (b)       Whether the Government proposes to make any further amendment to simplify the process of service tax; and
- (c)       If so, the details thereof?

## ANSWER

## MINISTER OF STATE FOR FINANCE

## (SHRI SHIV PRATAP SHUKLA)

- (a) Data  is  not  maintained  centrally  company-wise  and  State  &  Union  Territory-wise. However, the data with respect to number of cases and arrests, year-wise is as follows-
- (b) No such proposal is under examination at present.
- (c) Does not arise in view of the reply to (b) above

| Year                 |   No. of cases |   No. of arrests |
|----------------------|----------------|------------------|
| 2015-16              |           3545 |               39 |
| 2016-17              |           8085 |                4 |
| 2017-18              |           5303 |                8 |
| 2018-19(upto August) |           2889 |                8 |
Lok Sabha Question No. 2026 (UNSTARRED), answered on 2018-12-21
Subject: RBI Funds to Government
Ministry: FINANCE
Asked by: PR. SENTHILNATHAN, R.K. BHARATHI MOHAN, R. VANAROJA, V. SATHYABAMA

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF ECONOMIC AFFAIRS

## LOK SABHA

## UNSTARRED QUESTION NO.2026

## TO BE ANSWERED ON FRIDAY, DECEMBER 21, 2018 {AGRAHAYANA 30, 1940 (SAKA)}

## RBI Funds to Government

## QUESTION

2026.  SHRI  PR.  SENTHIL  NATHAN:  SHRI  BHARATHI  MOHAN  R.K.:  SHRIMATI VANAROJA R.: SHRIMATI V. SATHYA BAMA

Will the Minister of FINANCE be pleased to state:

- (a) whether the Government has noted the stand of Reserve Bank of India with regard to transfer of Rs. 3 lakh crores;
- (b) if so, the details thereof; and
- (c)  the  effective  steps  and  action  plan  of  the  Government  to  utilise  this  amount  for various people welfare and development activities?

## ANSWER

## Minister of State in the Ministry of Finance SHRI P. RADHAKRISHNAN

- (a) and (b): Does not arise. The Government has not asked RBI to transfer Rs. 3 lakh crores.
- (c): Question does not arise.

*****
Lok Sabha Question No. 2025 (UNSTARRED), answered on 2018-12-21
Subject: GST Cess
Ministry: FINANCE
Asked by: M. K. RAGHAVAN

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE *****

## LOK SABHA

## UNSTARRED QUESTION NO.2025

## TO BE ANSWERED ON FRIDAY THE 21 ST  DECEMBER, 2018 AGRAHAYANA 30, 1940 (SAKA)

## GST CESS

## 2025. SHRI M.K. RAGHAVAN:

Will the Minister of FINANCE be pleased to state:

- (a)  whether  there  is  any  proposal  to  reduce/rationalize  Goods  and  Services  Tax (GST) on selected items and if so, the details thereof;
- (b) whether there are also plans to introduce cess on selected items;
- (c) if so, the details thereof; and
- (d) whether there is any shortfall in the GST collection and hence additional revenue is  being  collected  through  Cess  and  if  so,  the  details  thereof  and  the  reasons therefor?

## ANSWER

## MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI SHIV PRATAP SHUKLA)

(a) & (b): The GST rates and cess are prescribed on the basis of recommendations of  the  GST  Council  as  made  from  time  to  time.  GST  Council,  while  making recommendation takes into account the request/representation of stakeholders.

(c): GST  collection  in  the  current  FY  (2018-19)  has  been  showing  improvement compared to last FY (2017-18) except for the month of August, 2018. For providing compensation to the states on the account of loss of revenue, Compensation cess is being levied on certain luxury and demerit goods as per provisions in Section 8 of the GST (Compensation to States) Act, 2017. Any shortfall of revenue to States due to implementation of GST is being paid on bimonthly basis w.e.f. 01.07.2017.

*****
Lok Sabha Question No. 2024 (UNSTARRED), answered on 2018-12-21
Subject: CSR for Destitute Children
Ministry: CORPORATE AFFAIRS
Asked by: SATISH CHANDRA DUBEY

## GOVERNMENT OF INDIA

## MINISTRY OF CORPORATE AFFAIRS

LOK SABHA

UNSTARRED QUESTION NO. 2024 ANSWERED ON FRIDAY THE 21st DECEMBER, 2018 AGRAHAYANA 30, 1940 (SAKA)

## CSR FOR DESTITUTE CHILDREN QUESTION

2024.  SHRI SATISH CHANDRA DUBEY:

Will the Minister of CORPORATE AFFAIRS

be pleased to state:

- (a) whether the Government proposes to use the Corporate Social Responsibility (CSR) funds for the education of destitute children of India; and
- (b) if so, the details thereof?

कारपोरेट कार्य मंत्री

## ANSWER

THE MINISTER OF STATE FOR LAW AND JUSTICE

AND CORPORATE AFFAIRS                                         (SHRI P. P. CHAUDHARY)

विवि और न्र्ार् एिं कारपोरेट कार्य मंत्रालर् में राज्र् मंत्री

(

श्री पी॰ पी॰ चौिरी )

(a)  and  (b):  The  Government  has  no  mandate  to  use  Corporate  Social Responsibility (CSR) funds.  However,  section 135 of the Companies Act, 2013 ('the Act') mandates every company, above the specified threshold of turnover or net worth or net profit, to spend at least two per cent of the average net profits earned during the three immediately preceding financial years on CSR activities specified in Schedule VII of the Act.  Further, Section 135 (3) & (4) of the Act, empowers the Board of the company to take decisions regarding allocation  of  CSR  funds  for  items  listed  in  Schedule  VII  of  the  Act  which includes 'promoting education'.

********