Panel for action against Coal India officials for CSR funds

Press Trust of India

NEW DELHI: New Delhi: Dismayed that world’s largest coal miner CIL could spend barely 15 per cent of the funds earmarked for corporate social responsibility (CSR), a parliamentary panel has recommended that officials responsible for it must be made accountable.

“Out of allotment of Rs. 553.33 crore in 2011-12 for CSR activities, Coal India (CIL) and its subsidiaries could spend only Rs. 82 crore and the same was, therefore, gross failure of duty on part of the company and its subsidiaries,” Standing Committee on Coal and Steel, headed by Kalyan Banerjee has said in its latest report.

The Committee has said that although the Coal Ministry has replied that they have intentions to spend the money for CSR activities but in reality it seems that they do not have serious intention to spend it.

“While pointing out to the callous attitude of the Ministry towards CSR spending, the Committee were of the view that the officers-in-charge of spending money on CSR activities must be made accountable for this failure to spend the CSR budget,” it recommended.

On Ministry’s plea that there were certain constraints responsible behind non-utilisation of CSR funds, the Committee has not only sought the reasons from it but also has sought an action taken report against the officials responsible for it.

The Committee also deplored the “slow action” of CIL with regard to preparing the action plan for identification and implementation of CSR projects.

Coal India accounts for over 80 per cent of the domestic coal production.



Previous articleTata Power Mundra UMPP Empowers Women Through Self Help Groups (SHGs) in Gujarat
Next articleAround Rs 22,000 crore to enter social sector as India Inc steps up CSR plans
India CSR Network
India CSR Network is India's biggest and most trusted news portal in the domain of CSR & Sustainability. India CSR welcomes stories, statements, updates, reports on issues that interest you. Feedback, comments will make it more purposeful and resourceful. It is designed and maintained by India CSR Group. Contents are non-fiction. Though all efforts have been made to verify the accuracy, the same should not be construed as a statement of law or used for any legal purposes. In case of any ambiguity or doubts, readers are advised to verify with the source(s). Statement, articles, views and contributions can be sent to