Lok Sabha Question No. 643 (UNSTARRED), answered on 2023-07-24
Subject: Funds Allocation towards CSR
Ministry: CORPORATE AFFAIRS
Asked by: Rajashree Mallick

## GOVERNMENT OF INDIA

## MINISTRY OF CORPORATE AFFAIRS LOK SABHA

## UNSTARRED QUESTION NO. 643 ANSWERED ON MONDAY, JULY 24, 2023/ SRAVANA 2, 1945 (SAKA)

## FUNDS ALLOCATION TOWARDS CSR

## QUESTION

643. SHRIMATI RAJASHREE MALLICK:

Will the Minister of CORPORATE AFFAIRS be pleased to state:

- (a)  the  total  funds  allocated  towards  Corporate  Social  Responsibility  (CSR)  by  the  top  25 Central Public Sector Enterprises (CPSEs) during the last five years;
- (b) the details of the expenditure of CSR amount during the above said period; and
- (c) the total CSR funds allocated and used through the CPSEs in Odisha during the abovesaid period?

## 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. Under the Act, 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.

The CSR framework is disclosure based and CSR mandated companies are required to file details of CSR activities annually in the MCA21 registry.  There is no provision of allocation of CSR Fund in  Companies  Act,  2013.  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, the details of CSR spent by top 25 (CSR expenditurewise) Central Public Sector Enterprises (CPSEs) during the financial years (FY) i.e., 2017-18, 2018-19, 2019-20, 2020-21and 2021-22 are given below:

| Particulars                  |   FY 2017-18 |   FY 2018-19 |   FY 2019-20 |   FY 2020-21 |   FY-2021-22 |
|------------------------------|--------------|--------------|--------------|--------------|--------------|
| Amount Spent (In Rs. Crores) |      2930.48 |      3505.82 |      4363.65 |      3585.26 |      3458.16 |

(Data upto 31.03.2023) [Source: Corporate Data Management Cell]

(c):  On the basis of the filings made by the companies in the MCA 21 registry, the details of CSR spent by all CPSEs in the State of Odisha during the FY 2017-18, 2018-19, 2019-20, 202021 and 2021-22 are given below:

| Particulars                  |   FY 2017-18 |   FY 2018-19 |   FY 2019-20 |   FY 2020-21 |   FY 2021-22 |
|------------------------------|--------------|--------------|--------------|--------------|--------------|
| Amount Spent (In Rs. Crores) |       306.83 |       521.85 |       506.24 |       287.38 |       350.43 |

(Data upto 31.03.2023) [Source: Corporate Data Management Cell]

Moreover, the companies are required to file the CSR details for the FY 2022-23 on or before 31.03.2024

******