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of <h1>Indian Companies Increase CSR Spending from 2014 to 2016, Focusing on Health and Education Sectors per Schedule VII.</h1> The Corporate Social Responsibility (CSR) expenditure by companies in India is categorized by development sectors as per Schedule VII of the Companies Act, 2013. For the fiscal years 2014-15 and 2015-16, companies spent Rs. 2,246 crores and Rs. 3,117 crores on health-related initiatives, and Rs. 2,728 crores and Rs. 3,073 crores on education. Other sectors receiving funds include rural development, environmental conservation, and gender equality. The total CSR expenditure increased from Rs. 8,803 crores in 2014-15 to Rs. 9,822 crores in 2015-16. This information was provided by the Minister of State for Corporate Affairs in a written response to the Rajya Sabha.
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