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of <h1>Crisil Report: CSR Spending in India Uneven, Maharashtra and Delhi Dominate; Environmental Projects Get Only 3% of Funds.</h1> An analysis by Crisil Foundation reveals that corporate social responsibility (CSR) spending in India is concentrated in a few states, with Maharashtra and New Delhi leading, while many areas in need receive minimal support. In fiscal 2023, 1,871 listed companies spent Rs 14,714 crore on CSR, but only 47 of the top 100 companies by CSR spend contributed to aspirational districts. The Social Stock Exchange aims to improve CSR fund distribution. Despite increased spending, environmental projects received only 3% of funds. Crisil Foundation emphasizes the need for equitable resource allocation to address developmental gaps.
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