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Use of CSR Fund on Health and Education
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....se of CSR Fund on Health and Education <br>News and Press Release<br>Dated:- 11-4-2017<br><BR>Press Information Bureau Government of India Ministry of Corporate Affairs 11-April-2017 17:49 IST The CSR expenditure of companies is compiled development sector-wise as listed in Schedule VII of the Companies Act, 2013. The development sector-wise CSR spend of the companies on education and health ....
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....for the years 2014-15 and 2015-16 is given in Table below. The Companies Act, 2013 already provides an institutional framework for the use of CSR funds by companies. DEVELOPMENT SECTOR WISE CSR EXPENDITURE FOR FY 2014-15 AND FY 2015-16 CSR Expenditure (in Rs. Crores) Sectors 2014-15 2015-16 Health/ Eradicating Hunger/Poverty and malnutrition/ Safe drinking water / Sanitation 2246 3117 Ed....
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....ucation/ Differently Abled/Livelihood 2728 3073 Rural development 1017 1051 Environment/ Animal Welfare/ Conservation of resources 1213 923 Swachh Bharat Kosh 121 355 Any other Fund 36 262 Gender equality/Women empowerment/Old age homes/Reducing inequalities 326 213 Prime Minister's National Relief Fund 192 136 Encouraging Sports 160 95 Heritage Art and Culture 157 90....
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.... Slum area development 123 9 Clean Ganga Fund 19 3 Other Sectors (Technology Incubator and benefits to armed forces, admin overheads and others*) 465 497 Total Amount 8803 9822 Number of Companies for which data compiled 7334 5097 * not specified This was stated by Shri Arjun Ram Meghwal, Minister of State for Corporate Affairs in written reply to a question in Rajya Sabha today....
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..... ***** DSM/KA<BR> News - Press release - PIB....