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

Expanding Eureka!

Abright yellow van with figures of children playing with a whirligig, a Newton’s cradle, a magnetic compass rolls into the Government Higher Primary School in Kittaganahalli, on the outskirts of Bengaluru. Students in the playground leave what they are doing and mill about it in excitement. For they

The spark in the classroom

Not many children dream of starting an idyllic school of their own when they grow up. But Ramji Raghavan, founder of the Agastya International Foundation – which fosters the creative learning of science in stude

Trafficking survivors’ votes don’t count

While the entire nation is agog with political grapevine, political parties are weighing on all options to lure voters by touching upon issues that impact their lives. Several parties, including the BJP and the Congress have released their manifestos while many are about to join the bandwagon. The

“I have a bigger reason and motivation to join politics”

Urmila Matondkar joined the Congress party and within just two months into politics, the actor is already surrounded by controversies – from being accused of making anti-Hindu comments to inappropriate poll campaigning. Fielded against BJP’s Gopal Shetty in the Mumbai North constituency, Ma

Campaign trail with BJP’s Manoj Kotak

Dressed in white shirt and pants, three time Bhartiya Janta Party (BJP) corporator Manoj Kotak is now contesting from Mumbai north-east constituency. Kotak, representing BJP in the BMC, is ready to rally around Ward 125 in Ghatkopar east area. It’s about 7:30 pm on a hot April e

Modi is now the topic of a PhD thesis

Sunil Bhatt, a Gujarat-based professional, has completed what is possibly the first PhD thesis on prime minister Narendra Modi. The thesis, titled ‘Leadership, Governance and Development: A case study of Shri Narendra Modi’, has been accepted at the Veer Narmad South Gujarat Universit



Current Issue

Current Issue

Video

CM Nitish’s convoy attacked in Buxar

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter