The corporate spending for various activities related to COVID-19 including the promotion of healthcare, preventive healthcare, sanitation, disaster management would be considered as a part of the Corporate Social Responsibility, the government said.
The Ministry of Corporate Affairs in a circular said that corporate spending for various activities related to COVID-19 would be treated as CSR.
The interpretation of the activities qualifying as CSR for Covid-19 will also be interpreted liberally to prevent red tape from squeezing fund flows.
India CSR Network has started a campaign – Corporate Against Corona. Details can be found at https://indiacsr.in/covid19
