Rs 10,806.92 crore spent by CPSEs for CSR projects in three years

All CPSEs are mandated to implement CSR projects listed in the Companies Act, 2013 in pursuance of their CSR policy as notified by ministry of corporate affairs in Companies (CSR Policy) Rules, 2014

GN Bureau | December 21, 2018


#CPSE   #CSR   #ministry of corporate affairs  

The centre has said 384 CPSEs have spent Rs 10,806.92 crore for carrying out corporate social responsibility activities and projects between 2015-16 and 2017-18 FY.

 
According to data, 106 CPSEs incurred an expenditure of Rs 4028.04 crore in 2015-16, 126 PSUs Rs 3336.50 crore in 2016-17 and 152 enterprises Rs 3442.38 crore in 2017-18 for CSR activities.
 
As per CSR provisions of the Companies Act, 2013, CSR activities are taken up by the PSUs on the recommendations of CSR Committee constituted with the approval of boards of respective CPSEs. All CPSEs are mandated to implement such activities and projects out of the activities listed in the Companies Act, 2013 in pursuance of their CSR policy as notified by ministry of corporate affairs in companies (CSR Policy) rules, 2014.
 
Department of public enterprises (DPE) is the nodal department for CPSEs but it does not have any CPSE under its direct administrative control.

Comments

 

Other News

An ode to the cradle of humankind

The Alphabets of Africa: Poems By Abhay K. Vintage Classics, 280 pages, ₹499.00   Abhay K

Ahmedabad district railway network to be expanded

The Cabinet Committee on Economic Affairs, chaired by prime minister Narendra Modi, on Wednesday approved the Ahmedabad (Sarkhej) – Dholera Semi High-Speed Double Line project of Ministry of Railways with total cost of Rs. 20,667 crore (approx.). It will be Indian Railways 1st semi high-speed project

Indian Ocean more contested than ever: Western Naval Command Chief

The Indian Ocean is becoming increasingly contested and strategically significant as the Indo-Pacific emerges as the defining geopolitical theatre of the 21st century, Vice Admiral Krishna Swaminathan, Flag Officer Commanding-in-Chief of the Western Naval Command, has said.   Spe

Why the judiciary needs much more than four more judges

India has a particular form of governance theatre: the bold declaration that appears to be action but is actually a way of avoiding action. The Union Cabinet on May 5 approved a Bill to increase the sanctioned strength of the Supreme Court from 34 to 38. The decision has been touted as a step toward judici

Wisdom stories that don’t preach but encourage reflection

The Foundation Of A Fulfilling Life: Lessons from Indian Scriptures Deepam Chatterjee Aleph Books, 264 pages, Rs 899  

Citizens of the Bay: Why BIMSTEC matters now

The international order is drifting into a dangerous grey zone as the very powers that built today`s multilateral system begin to chip away at it. The United States has increasingly walked away from global rules and forums when they no longer suit its interests, while China has rushed to fill the vacuum on


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter