Corporate Social Responsibility of RINL and SAIL

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INDIACSR News Network

NEW DELHI: Under the Corporate Social Responsibility (CSR) Scheme, the Public Sector steel companies namely Steel Authority of India Limited (SAIL) and Rashtriya Ispat Nigam Limited (RINL) are allocating funds for the CSR activities as per the guidelines prescribed by the Department of Public Enterprises (DPE), govt said today. The details of funds allocated and utilised by these companies under CSR during each of the last three years and current year is as under:

CSR Fund of PSUs

Funds under the scheme of CSR are not allocated state-wise.

CSR fund is utilised for undertaking various projects through different nodal agencies such as Government departments, PSUs, NGOs etc.

Projects under the CSR scheme are generally undertaken as per the guidelines prescribed by DPE.  The projects implemented under the CSR relate to water supply arrangement, construction of school buildings, supply of educational materials in schools, electricity facility, solar lighting system, health and family welfare, irrigation facilities, sanitation and public health, relief to victims of natural calamities, imparting vocational training etc. Some of the projects have been completed and some are at various stages of completion.  Some CSR activities are of ongoing nature.  These projects are located in the States of Chhattisgarh, Odisha, West Bengal, Jharkhand, Andhra Pradesh, Bihar etc.

(www.indiacsr.in)

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