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CIL and NLCIL join hands for development work under CSR

India CSR by India CSR
July 4, 2019
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New Delhi – An Indian state-controlled coal mining company, Coal India Limited (CIL), its subsidiaries and NLC India Limited (NLCIL) commences development activities under Corporate Social Responsibility (CSR) as per scheduled VII of Companies Act 2013.

The company undertakes infrastructure development, skill development, social empowerment, water supply, health and sanitation, sports & culture and education facilities etc.

CIL, its subsidiaries and NLCIL have undertaken construction of toilets in government schools of various states under ‘Swachh Bharat Programme’.

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The allocation of funds was set with the budget of Rs 403.41 crore for the year 2019-20 while the company expended Rs 12.22 crores.

692 activities were undertaken out of which 65 activities stands complete.

The budget of Rs 442.75 crore was fixed in the year 2016-17 while the expenditure was Rs 489.67 crore with all 1149 activities completed in time.

In the year 2018-19, the budget of Rs 370.64 crore was settled and the company expended Rs 408.94 crore meanwhile 1210 activities were adopted and 780 were completed.

NLCIL and its subsidiaries have spent its CSR funds every year and has distributed it with the budget of Rs 67.32 crore out of which Rs 53.15 crore were spent for the year 2018-19 with 13 developmental works to be carried out in 2019-20.

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