Lok Sabha Question No. 3304 (UNSTARRED), answered on 2022-03-23
Subject: Activities under CSR
Ministry: STEEL
Asked by: D.K. Suresh

THE MINISTER OF STEEL

## GOVERNMENT OF INDIA MINISTRY OF STEEL

## LOK SABHA UNSTARRED QUESTION NO.3304 FOR ANSWER ON 23/03/2022

## ACTIVITIES UNDER CSR

3304.  SHRI D.K.SURESH:

Will the Minister of STEEL be pleased to state:

- (a) whether the Government is aware that the Steel Public Sector Undertakings (PSUs) are taking up various activities under Corporate Social Responsibility (CSR) ;
- (b) if so, the details thereof;
- (c) the details of the total expenditure made under the CSR by Steel PSUs during the last three years;
- (d) the details of the year-wise expenditure against respective PSUs; and
- (e) whether the Government has any mechanism to ensure CSR fund should be spent as per the norms and if so, the details thereof?

## ANSWER

(SHRI RAM CHANDRA PRASAD SINGH)

(a)to(e):  The  Government  provides  the  broad  framework  for  Corporate  Social Responsibility  (CSR)  through  Section  135  of  the  Companies  Act,  2013  ('Act'), Schedule VII of the Act and Companies (CSR Policy) Rules, 2014.  Under the Act, CSR is a Board driven process and the Board of the company is empowered to plan, decide,  execute  and  monitor  CSR  activities  based  on  the  recommendations  of  its CSR  Committee.  The  CSR  framework  is  disclosure  based  and  CSR  mandated companies  are  required  to  file  details  of  CSR  activities  annually  in  the  MCA21 registry.    For  any  violation  of  CSR  provisions,  action  can  be  initiated  by  the Government  against  such  non-compliant  companies  as  per  provisions  of  the Companies Act, 2013 after due examination of records and following due process of law.

Department of Public Enterprises has also issued guidelines dated 10.12.2018 on CSR  expenditure by Central Public Sector Enterprises (CPSEs) to all administrative Ministries and CPSEs, inter-alia, stipulating that all the CSR activities are  to  be  undertaken  as  per  provisions  of  Section  135  and  Schedule  VII  of Companies Act, 2013.

The  details  of  the  total  expenditure  made  under  the  CSR  during  last  three years, year-wise, by Steel CPSEs are given at Annexure I.

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## (Reply  to  part  (a)  to  (e)  of  the  Lok  Sabha  Unstarred  Question  No.  3304  for answer on 23.03.2022)

## Statement showing the total expenditure made under the CSR during last three years, year-wise, by Steel CPSEs:

| Name of the CPSE                     | CSR Expenditure (Rs. in lakh)   | CSR Expenditure (Rs. in lakh)   | CSR Expenditure (Rs. in lakh)   | Total   |
|--------------------------------------|---------------------------------|---------------------------------|---------------------------------|---------|
|                                      | 2018-19                         | 2019-20                         | 2020-21                         |         |
| Steel Authority of India Ltd. (SAIL) | 3118                            | 2756                            | 4718                            | 10592   |
| Rashtriya Ispat Nigam Ltd. (RINL)    | 1030                            | 796                             | 1011                            | 2837    |
| NMDC Ltd.                            | 16724                           | 19999                           | 15862                           | 52585   |
| MOIL Ltd.                            | 929                             | 1274                            | 1318                            | 3521    |
| MECON Ltd.                           | 17                              | 330                             | 45                              | 392     |
| KIOCL Ltd.                           | 33                              | 331                             | 885                             | 1249    |
| MSTC Ltd.                            | 200                             | 54                              | * Nil                           | 254     |