Lok Sabha Question No. 2304 (UNSTARRED), answered on 2021-12-13
Subject: CSR Spent by CPSEs
Ministry: CORPORATE AFFAIRS
Asked by: D. M. Kathir Anand, Dr. T. Sumathy (a) Thamizhachi Thangapandian

## GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS

## LOK SABHA UNSTARRED QUESTION NO.  2304 ANSWERED ON MONDAY, DECEMBER 13, 2021/ AGRAHAYANA 22, 1943 (SAKA)

## CSR SPENT BY CPSEs

## QUESTION

2304. SHRI D.M. KATHIR ANAND:

DR. T. SUMATHY (a) THAMIZHACHI THANGAPANDIAN:

Will the Minister of CORPORATE AFFAIRS be pleased to state:

- (a) the  details  of  total  funds  allocated  towards  Corporate  Social  Responsibility (CSR) by top 25 Central Public Sector Enterprises (CPSEs) in the country during the last five years and;
- (b) the details of expenditure of CSR amount by said CPSEs during this said  period;
- (c) the  total  CSR  funds  allocated  through  the  CPSEs  in  Tamil  Nadu  during corresponding five years and the details of the expenditure incurred; and
- (d) the steps taken by the Government to provide and utilise the CSR funds from CPSEs to mitigate the Covid crisis and Covid care management?

## 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) to (c):   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. All data related to CSR filed by companies in MCA21 registry is available in public domain at www.csr.gov.in.  On the basis of the filings made by the companies in the MCA 21 registry, CSR spent by top 25 (CSR expenditure-wise) Central Public Sector Enterprises (CPSEs) for the financial years 2016-17 to 2020-21 is given below:

| Financial              | FY 2016-17   | FY 2017-18   | FY 2018-19   | FY 2019-20   | FY 2020-21   |
|------------------------|--------------|--------------|--------------|--------------|--------------|
| Year                   |              |              |              |              |              |
| Amount Spent (INR Cr.) | 2,842.45     | 2,933.79     | 3,504.98     | 4,375.80     | 524.94*      |

Further, on the basis of the filings made by the companies in the MCA 21 registry, CSR spent by the CPSEs in Tamil Nadu for the financial years 2016-17 to 2020-21 is given below:

| Financial Year         |   FY 2016-17 |   FY 2017-18 |   FY 2018-19 |   FY 2019-20 |   FY 2020-21 |
|------------------------|--------------|--------------|--------------|--------------|--------------|
| Amount Spent (INR Cr.) |        61.44 |         73.3 |       105.76 |       124.72 |         2.48 |

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

Regarding CSR data for financial year 2020-21, it is informed that the companies, including  CPSEs,  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.

- (d):      Schedule  VII  of  the  Act  indicates  the  eligible  list  of  activities  that  can  be undertaken by the companies as CSR. The Ministry vide General Circular No. 14/2021 dated 25 th  August, 2021 clarified that items mentioned in Schedule VII are broad based and can be interpreted liberally. The Ministry vide General Circular no.10/2020 dated 23.03.2020 had clarified  that  CSR  funds  may  be  spent  by  the  companies  for  various activities related to COVID-19 under item no. (i) and (xii) promoting healthcare including preventive healthcare and sanitation, and disaster management respectively. Further, vide General Circulars no. 05/2021, 09/2021 and 13/2021 dated 22.04.2021, 05.05.2021 & 30.07.2021, the Ministry had also clarified that spending of CSR funds for setting up makeshift hospitals and temporary COVID care facilities and 'creating health infrastructure for COVID care', 'establishment of medical oxygen generation and storage plants', 'manufacturing and supply of Oxygen concentrators, ventilators, cylinders and other medical equipment for countering COVID19' and COVID-19 vaccination for persons other than the employees and their families, are eligible CSR activities.

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