Press Information Bureau

Government of India

Ministry of Corporate Affairs

15-March-2016 18:02 IST

The Ministry of Corporate Affairs has not brought out any Corporate Social Responsibility (CSR) Compendium.  However, a study of 460 listed companies, which have placed annual returns on CSR on their websites, estimated that 51 Public Sector Undertakings (PSUs) and 409 private sector companies spent about ₹ 2386.60 crore and ₹ 3950.76 crore respectively on CSR during the year 2014-15. A statement indicating activity - wise CSR expenditure incurred by companies is at annexure.

Section 135 of the Companies Act, 2013 containing CSR provision of Companies Act; Companies (Corporate Social Responsibility Policy) Rules, 2014; and Schedule VII which enlists the activities to be undertaken under CSR by companies, were notified on 27^th February, 2014 and came into force from 1^st April, 2014. The Ministry has since issued clarificatory circular and Frequently Asked Questions (FAQs) dated 18.06.2014 and 12.01.2016 respectively to facilitate effective implementation of CSR and ensure compliance by companies under the legislation.

This was stated by Shri Arun Jaitley, Minister of Corporate Affairs in written reply to a question in the Rajya Sabha today.

Annexure

Activities wise CSR expenditure (FY 2014-15)

Sl. No	Subjects in Schedule VII	CSR Expenditure  (in Rs. Crore)
1	Eradicating Hunger, Poverty & Health Care	1421.66
2	Education/ Vocational skills / livelihood enhancement	1462.6
3	Women / Old Age / Children	219.27
4	Environment sustainability	1188.69
5	Art & Culture	539.83
6	Sports promotion	454.91
7	PMNRF etc.	125.32
8	Rural Development	724.32
9	Slum Development	114.14
10	Swatch Bharat Kosh	42.64
11	Clean Ganga Fund	15.49
12	Others	28.5
	Grand Total	6337.36

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DSM/KA

Corporate Social Responsibility compliance clarified under Section 135 and Rules, with FAQs guiding company implementation. Section 135 of the Companies Act, 2013 and the Companies (CSR Policy) Rules, 2014 establish mandatory CSR obligations and Schedule VII enumerates permissible activities; the Ministry issued clarificatory circulars and FAQs to guide company compliance and disclosure. A government press release summarises a survey of 460 listed companies' FY 2014-15 CSR disclosures and provides an annexure with an activity wise breakdown of reported CSR expenditures across Schedule VII categories.