Lok Sabha Question No. 2451 (UNSTARRED), answered on 2021-12-13
Subject: CSR Activities
Ministry: CORPORATE AFFAIRS
Asked by: Hemant Tukaram Godse

## GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS

## LOK SABHA

## UNSTARRED QUESTION NO. 2451 ANSWERED ON MONDAY, DECEMBER 13, 2021/ AGRAHAYANA 22, 1943 (SAKA)

## CSR ACTIVITIES

## QUESTION

2451.  SHRI HEMANT TUKARAM GODSE: Will the Minister of CORPORATE AFFAIRS be pleased to state:

- (a) whether the Government maintains the records of private/Government companies/organisations  participating  in  CSR  activities  in  various  States  including Maharashtra;
- (b) if so, the details thereof and if not, the reasons therefor;
- (c)  whether  the  Government  would  help  the  public  representatives  to  identify  the companies/organisations involve/invest in any particular constituency; and
- (d) if so, the details thereof and if not, the reasons therefor?

## ANSWER

MINISTER OF STATE (INDEPENDENT CHARGE) OF THE MINISTRY OF STATISTICS AND PROGRAMME IMPLEMENTATION; MINISTER OF STATE (INDEPENDENT CHARGE) OF THE MINISTRY OF PLANNING AND MINISTER OF STATE IN THE MINISTRY OF CORPORATE AFFAIRS

[RAO INDERJIT SINGH]

- (a)  &  (b):    The  broad  framework  for  Corporate  Social  Responsibility  (CSR)  has  been provided under Section 135 of the Companies Act, 2013 ('Act'), Schedule VII of the Act and Companies (CSR Policy) Rules, 2014. The CSR framework is disclosure based and CSR mandated companies are required to file details of CSR activities annually in the MCA21 registry. On the basis of the filings made by the private/government companies in the MCA 21 registry, details of CSR funds spent by Public Sector Undertakings (PSUs) and Non-PSUs in various States/Union Territories (UTs) (including Maharashtra) for the financial years 2018-19, 2019-20 and 2020-21 are given below:

|                   | FY 2018-19       | FY 2018-19                      | FY 2019-20       | FY 2019-20                      | FY 2020-21       | FY 2020-21                      |
|-------------------|------------------|---------------------------------|------------------|---------------------------------|------------------|---------------------------------|
| 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              | 615              | 4,206.30                        | 452              | 5,241.57                        | 20               | 561.18                          |
| Non-PSUs          | 24484            | 15,943.97                       | 22079            | 19,447.09                       | 1599             | 8,266.93                        |
| Grand Total       | 25099            | 20,150.27                       | 22531            | 24,688.66                       | 1619             | 8,828.11                        |

(Data upto 30.09.2021) [Source: National CSR Data Portal]

Regarding CSR data for financial year 2020-21, it is informed that the companies are required  to  hold  Annual  General  Meeting  (AGM)  within  six  months  from  the  end  of financial year. Thereafter, financial statements and board reports containing disclosures about CSR, are to be filed in MCA21 within 30 days of the AGM. In view of the disruption caused by COVID-19 pandemic, Registrars of Companies have accorded extension  of  time  till  30 th   November,  2021  for  conduct  of  AGMs  by  companies.  The Ministry vide  General  Circular  No.  17/2021  dated 29.10.2021  has  relaxed  the  levy  of additional fees till 31.12.2021 for filing of financial statement in respect of the financial year 2020-21.

(c) & (d):   The Ministry had launched a National CSR Data Portal in 2018 for greater transparency and wider dissemination of information on CSR to the public at large. All data related to CSR filed by companies, including the list of eligible CSR companies, in MCA21 registry is available on said portal at www.csr.gov.in. Further, 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 Government does not issue any specific direction in this regard.

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