Miscellaneous

10 years of Corporate Social Responsibility (CSR)

November 19 , 2024 23 hrs 0 min 11 0

A decade ago, India became the first country to legally mandate Corporate Social Responsibility (CSR).
Section 135 of the Companies Act 2013 outlines the rules and regulations governing CSR.
According to the National CSR Portal, from 2014 to 2023, Rs 1.84 lakh crore of CSR funds were disbursed.
CSR is a means of corporates contributing directly for the welfare of the society through socio, economic, environmental contributions.
Schedule VII (Sections 13) mentions activities that can be taken by companies in their Corporate Social Responsibility Policies.