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of <h1>Amendment to CSR Rules 2020: Focus on COVID-19 R&D Projects, Streamlining Activities for 2020-23 Under Companies Act 2013.</h1> The Companies (Corporate Social Responsibility Policy) Amendment Rules, 2020, effective from their publication date, modify the 2014 CSR Rules under the Companies Act, 2013. Key changes include allowing companies involved in R&D of new vaccines, drugs, and medical devices to focus on COVID-19-related projects for the financial years 2020-23, provided these activities are in collaboration with specified institutes and disclosed in the CSR section of the Annual Report. Additionally, certain exclusions and provisos in rules 4 and 6 have been omitted to streamline CSR activities.
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