TNPSC Thervupettagam

10 years of Corporate Social Responsibility (CSR)

November 19 , 2024 4 days 137 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.

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