<h1>CSR mandate shows concentrated spending; calls for equitable allocation and use of the Social Stock Exchange to reach underfunded areas.</h1> The article finds CSR spending and projects are geographically concentrated, with a small cluster of states and company headquarters accounting for a disproportionate share of spend, while aspirational districts and many states receive little. Top spenders rarely direct substantial funds to aspirational districts. Fragmented small contributions by numerous unlisted companies limit impact. The Social Stock Exchange is presented as a mechanism to improve transparency, aggregate funds, and enable more effective, equitable deployment of CSR resources to underfunded areas.