Lok Sabha Question No. 3514 (UNSTARRED), answered on 2020-03-16
Subject: CSR Activities
Ministry: CORPORATE AFFAIRS
Asked by: Shivkumar Chanabasappa Udasi

## GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS

## LOK SABHA

## UNSTARRED QUESTION NO. 3514 ANSWERED ON MONDAY THE 16 th  MARCH, 2020 PHALGUNA 26, 1941 (SAKA)

## CSR ACTIVITIES QUESTION

3514. SHRI SHIVAKUMAR C. UDASI: Will the Minister of CORPORATE AFFAIRS be pleased to state:

कारपोरेट कार्य मंत्री

- (a) the performance of CSR activities both by public and private sector companies during 201718 and 2018-19;
- (b) whether there are any plans to add additional activities under CSR, if so, the details thereof and if not, the reasons therefor; and
- (c) the guidelines issued by the Government regarding CSR work areas for public/private sector companies?

## ANSWER

THE MINISTER OF STATE FOR FINANCE

AND CORPORATE AFFAIRS                                                        (SHRI ANURAG SINGH THAKUR) वित्त एिं कारपोरेट कार्य  मंत्रालर् में राज्र् मंत्री ( श्री अनुराग स ंह ठाक ु र )

(a) to (c): The Government provides the broad framework for Corporate Social Responsibility (CSR) through Section 135 of the Companies Act, 2013 ('Act').  Further, Schedule VII of the Act indicates the activities to be undertaken by the company in areas or subject specified and the Companies  (Corporate  Social  Responsibility  Policy)  Rules,  2014  prescribes  the  rules  for implementation. CSR is a Board driven process and the Board of the company is empowered to plan,  decide,  execute  and  monitor  the  CSR  activities  of  the  company  based  on  the recommendation of its CSR Committee. Schedule VII is broad based and can be interpreted liberally in terms of MCA's circular no. 21/2014 dated 18 th  June, 2014. There is no proposal, at present, to add additional items in the Schedule VII of the Act. The entire CSR architecture is disclosure based and CSR mandated companies are required to file details of CSR initiatives annually in MCA21 registry. All data reported in the MCA21 registry by companies on CSR is available on National CSR Data Portal at www.csr.gov.in. On the basis of filings made by the Companies in the MCA 21 registry, the details of CSR spend by the various public and   private sector companies under the Companies Act, 2013 for the financial years 2015-16, 2016-17 and 2017-18 are given below:

|                   | Year of Filing   | Year of Filing                  | Year of Filing   | Year of Filing                  | Year of Filing   | Year of Filing                  |
|-------------------|------------------|---------------------------------|------------------|---------------------------------|------------------|---------------------------------|
|                   | 2015-16          | 2015-16                         | 2016-17          | 2016-17                         | 2017-18          | 2017-18                         |
| Nature of Company | No. of Companies | Total Amount Spent (in Rs. Cr.) | No. of Companies | Total Amount Spent (in Rs. Cr.) | No. of Companies | Total Amount Spent (in Rs. Cr.) |
| PSUs              | 532              | 4,214.67                        | 546              | 3,295.98                        | 527              | 2,553.36                        |
| Private Companies | 17758            | 10,302.52                       | 18993            | 11,033.55                       | 20870            | 11,067.15                       |
| Total             | 18290            | 14,517.19                       | 19539            | 14,329.53                       | 21397            | 13,620.51                       |

(Data upto 30.06.2019) [Source: National CSR Data Portal]

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