Lok Sabha Question No. 2403 (UNSTARRED), answered on 2022-08-01
Subject: CSR Spending by Top Companies
Ministry: CORPORATE AFFAIRS
Asked by: Shivkumar Chanabasappa Udasi

## GOVERNMENT OF INDIA

## MINISTRY OF CORPORATE AFFAIRS

## LOK SABHA UNSTARRED QUESTION NO. 2403 ANSWERED ON MONDAY, THE 01 ST  AUGUST, 2022 SRAVANA 10, 1944 (SAKA)

## CSR SPENDING BY TOP COMPANIES QUESTION

2403. SHRI SHIVAKUMAR C. UDASI:

Will the Minister of CORPORATE AFFAIRS be pleased to state:

- (a) the total Corporate Social Responsibility (CSR) spending by the top 500 companies in the country in education, healthcare, rural development areas etc. during the last three years and the current year;
- (b) whether the companies are allowed to carry forward the unspent CSR fund to next year; and
- (c) if so, the details thereof?

## 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):  The  broad  framework for Corporate Social Responsibility (CSR) has been provided under  Section  1 35  of  the  Companies  Act,  2013  ('Act'),  Schedule  VII  of  the  Act  and Companies  (CSR  Policy)  Rules,  2014.  The  CSR  framework  is  disclosure  based  and companies are required to file details of CSR activities annually in the MCA21 registry. All data related to CSR expenditure filed by companies in MCA21 registry is available in public domain at www.csr.gov.in. On the basis of annual filings made by companies in the MCA 21 registry, Development Sector-wise details of CSR funds spent (including education, healthcare, rural development areas etc.) from financial year (FY) 2018-19 to FY 2020-21 by the top 500 companies are at Annexure.

Further, the companies are required to file the CSR data for the FY 2021-22 on or before 31.03.2023. Moreover, filings for FY 2022-23 are required to be made only after the end of current financial year.

- (b) & (c): Through the Companies (Amendment) Act, 2019 and 2020, certain amendments to Section 135 of the Act have been made to provide for treatment of unspent CSR amount on the basis of nature of the project. In case of an ongoing project, the company is required to transfer the unspent amount to a special account of the company  i.e 'Unspent CSR Account' , within 30 days from the end of financial year and spend the same in pursuance of its CSR policy within the next three financial years from the date of such transfer. After lapse of three financial years, the amount remaining unspent, if any, is required to be transferred to any Fund mentioned in Schedule VII of the Act. In case of other than an ongoing project, the company is required to transfer the unspent CSR amount to any Fund mentioned in Schedule VII of the Act within a period of six months from the end of the financial year.

******

## ANNEXURE REFERRED TO IN REPLY TO PART (a) OF LOK SABHA UNSTARRED QUESTION NO. 2403 FOR 01.08.2022

| Development Sector-Wise CSR Expenditure by Top 500 Companies (Amount in Crore)   | Development Sector-Wise CSR Expenditure by Top 500 Companies (Amount in Crore)   | Development Sector-Wise CSR Expenditure by Top 500 Companies (Amount in Crore)   | Development Sector-Wise CSR Expenditure by Top 500 Companies (Amount in Crore)   | Development Sector-Wise CSR Expenditure by Top 500 Companies (Amount in Crore)   |
|----------------------------------------------------------------------------------|----------------------------------------------------------------------------------|----------------------------------------------------------------------------------|----------------------------------------------------------------------------------|----------------------------------------------------------------------------------|
| Sr. No.                                                                          | Development Sector                                                               | FY 2018-19                                                                       | FY 2019-20                                                                       | FY 2020-21                                                                       |
| 1                                                                                | Agro forestry                                                                    | 61.44                                                                            | 60.52                                                                            | 11.58                                                                            |
| 2                                                                                | Animal welfare                                                                   | 49.61                                                                            | 36.65                                                                            | 91.94                                                                            |
| 3                                                                                | Armed Forces, Veterans, War Widows/ Dependants                                   | 67.35                                                                            | 41.67                                                                            | 67.37                                                                            |
| 4                                                                                | Art and culture                                                                  | 163.94                                                                           | 854.19                                                                           | 391.54                                                                           |
| 5                                                                                | Clean Ganga Fund                                                                 | 2.10                                                                             | 1.00                                                                             | 5.77                                                                             |
| 6                                                                                | Conservation of natural resources                                                | 131.36                                                                           | 131.88                                                                           | 60.70                                                                            |
| 7                                                                                | Education                                                                        | 4,043.57                                                                         | 4,782.73                                                                         | 3,977.33                                                                         |
| 8                                                                                | Environmental sustainability                                                     | 1,132.24                                                                         | 1,178.78                                                                         | 710.72                                                                           |
| 9                                                                                | Gender equality                                                                  | 38.04                                                                            | 55.72                                                                            | 14.98                                                                            |
| 10                                                                               | Health care                                                                      | 2,625.67                                                                         | 3,523.83                                                                         | 4,989.58                                                                         |
| 11                                                                               | Livelihood enhancement projects                                                  | 715.09                                                                           | 857.02                                                                           | 563.88                                                                           |
| 12                                                                               | Other Central Government Funds                                                   | 662.07                                                                           | 758.45                                                                           | 1,271.86                                                                         |
| 13                                                                               | Poverty, Eradicating Hunger, Malnutrition                                        | 942.87                                                                           | 814.17                                                                           | 726.26                                                                           |
| 14                                                                               | Prime Minister's National Relief Fund                                            | 104.74                                                                           | 482.89                                                                           | 1,224.73                                                                         |
| 15                                                                               | Rural development projects                                                       | 1,769.59                                                                         | 1,944.95                                                                         | 1,510.03                                                                         |
| 16                                                                               | Safe drinking water                                                              | 163.91                                                                           | 181.78                                                                           | 138.86                                                                           |
| 17                                                                               | Sanitation                                                                       | 422.04                                                                           | 424.19                                                                           | 244.59                                                                           |
| 18                                                                               | Senior Citizens Welfare                                                          | 19.15                                                                            | 25.15                                                                            | 21.87                                                                            |
| 19                                                                               | Setting up homes and hostels for women                                           | 38.04                                                                            | 34.70                                                                            | 18.88                                                                            |
| 20                                                                               | Setting up orphanage                                                             | 2.05                                                                             | 22.32                                                                            | 2.40                                                                             |
| 21                                                                               | Slum area development                                                            | 40.05                                                                            | 35.33                                                                            | 57.48                                                                            |
| 22                                                                               | Socio-economic inequalities                                                      | 96.56                                                                            | 139.10                                                                           | 53.81                                                                            |
| 23                                                                               | Special education                                                                | 135.84                                                                           | 132.53                                                                           | 132.33                                                                           |
| 24                                                                               | Swachh Bharat Kosh                                                               | 62.01                                                                            | 25.10                                                                            | 136.67                                                                           |
| 25                                                                               | Technology incubators                                                            | 16.74                                                                            | 33.67                                                                            | 36.56                                                                            |
| 26                                                                               | Training to promote sports                                                       | 244.43                                                                           | 231.15                                                                           | 171.79                                                                           |
| 27                                                                               | Vocational skills                                                                | 652.42                                                                           | 1,001.69                                                                         | 449.05                                                                           |
| 28                                                                               | Women empowerment                                                                | 141.89                                                                           | 156.57                                                                           | 88.47                                                                            |
| 29                                                                               | NEC/ Not Mentioned*                                                              | 81.73                                                                            | 495.53                                                                           | 269.05                                                                           |
| Grand Total                                                                      | Grand Total                                                                      | 14,626.53                                                                        | 18,463.26                                                                        | 17,440.11                                                                        |

(Data upto 31.03.2022) [Source: National CSR Data Portal] *Companies either did not specify the names of Sectors or indicated more than one Sector where projects were undertaken.

********