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10 years of Corporate Social Responsibility (CSR)
November 19 , 2024
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- 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.
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