• India CSR Awards 2025
  • Guest Posts
Thursday, July 3, 2025
  • Login
India CSR
  • Home
  • Corporate Social Responsibility
    • Art & Culture
    • CSR Leaders
    • Child Rights
    • Culture
    • Education
    • Gender Equality
    • Around the World
    • Skill Development
    • Safety
    • Covid-19
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Plastics
    • Sustainable Development Goals
    • ESG
    • Circular Economy
    • BRSR
  • Corporate Governance
    • Diversity & Inclusion
  • Interviews
  • SDGs
    • No Poverty
    • Zero Hunger
    • Good Health & Well-Being
    • Quality Education
    • Gender Equality
    • Clean Water & Sanitation – SDG 6
    • Affordable & Clean Energy
    • Decent Work & Economic Growth
    • Industry, Innovation & Infrastructure
    • Reduced Inequalities
    • Sustainable Cities & Communities
    • Responsible Consumption & Production
    • Climate Action
    • Life Below Water
    • Life on Land
    • Peace, Justice & Strong Institutions
    • Partnerships for the Goals
  • Articles
  • Events
  • हिंदी
  • More
    • Business
    • Finance
    • Environment
    • Economy
    • Health
    • Around the World
    • Social Sector Leaders
    • Social Entrepreneurship
    • Trending News
      • Important Days
        • Festivals
      • Great People
      • Product Review
      • International
      • Sports
      • Entertainment
    • Case Studies
    • Philanthropy
    • Biography
    • Technology
    • Lifestyle
    • Sports
    • Gaming
    • Knowledge
    • Home Improvement
    • Words Power
    • Chief Ministers
No Result
View All Result
  • Home
  • Corporate Social Responsibility
    • Art & Culture
    • CSR Leaders
    • Child Rights
    • Culture
    • Education
    • Gender Equality
    • Around the World
    • Skill Development
    • Safety
    • Covid-19
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Plastics
    • Sustainable Development Goals
    • ESG
    • Circular Economy
    • BRSR
  • Corporate Governance
    • Diversity & Inclusion
  • Interviews
  • SDGs
    • No Poverty
    • Zero Hunger
    • Good Health & Well-Being
    • Quality Education
    • Gender Equality
    • Clean Water & Sanitation – SDG 6
    • Affordable & Clean Energy
    • Decent Work & Economic Growth
    • Industry, Innovation & Infrastructure
    • Reduced Inequalities
    • Sustainable Cities & Communities
    • Responsible Consumption & Production
    • Climate Action
    • Life Below Water
    • Life on Land
    • Peace, Justice & Strong Institutions
    • Partnerships for the Goals
  • Articles
  • Events
  • हिंदी
  • More
    • Business
    • Finance
    • Environment
    • Economy
    • Health
    • Around the World
    • Social Sector Leaders
    • Social Entrepreneurship
    • Trending News
      • Important Days
        • Festivals
      • Great People
      • Product Review
      • International
      • Sports
      • Entertainment
    • Case Studies
    • Philanthropy
    • Biography
    • Technology
    • Lifestyle
    • Sports
    • Gaming
    • Knowledge
    • Home Improvement
    • Words Power
    • Chief Ministers
No Result
View All Result
India CSR
No Result
View All Result
Home More

CSR spends increase by 44.57 per cent to nearly Rs 14,000 cr in FY16

India CSR by India CSR
in More
Reading Time: 3 mins read
5
VIEWS
Share Share Share Share

NEW DELHI: Total CSR spending by companies registered with it increased to Rs 13,827.86 crore from Rs 9,564.77 crore. Govt data suggests that CSR spending increase has continued in FY17 with corporate sector expenditure reaching Rs 4,719 crore in the first eight months of the year.

Govt data suggests that CSR spending increase has continued in FY17 with corporate sector expenditure reaching Rs 4,719 crore in the first eight months of the year.New Delhi: As their profit margin improves in tune with higher growth in economy, the corporate sector has become more responsible by increasing their CSR spending.

CSR spending by public sector and private sector entities has grown by 44.57 per cent between FY15 and FY16 and continues to grow. As per data collected by the ministry of corporate affairs, the total CSR spending by companies registered with it increased to Rs 13,827.86 crore in FY16 from Rs 9,564.77 crore in FY 15, the first year after the introduction of new rules on corporate social responsibility (CSR).

The CSR rules, implemented in April 2014 under Section 135 of the Companies Act, direct that companies with a networth of Rs 500 crore, a revenue of Rs 1,000 crore or a net profit of Rs 5 crore spend 2 per cent of their average profit on social development activities such as education, health and women’s empowerment.

The money can be spent by setting up a CSR department within the company or by partnering with not-for-profit organisations.

The government data suggests that CSR spending increase has continued in FY17 with corporate sector expenditure reaching Rs 4,719 crore in the first eight months of the year. With large chunk of spending coming in the last quarter, sources said, FY17 numbers would be as big as previous year and a tad higher too.

“We find that following the implementation of CSR rules, there has been an increase in the number of firms that are spending on these social initiatives as well as the total amount spent on CSR activities. However, the distribution of CSR expenditures amongst firms continues to be unequal, an area that needs to be looked at by policy makers,” said a corporate sector analyst who did not wish to be named.

If one looks at MCA data, public sector undertakings take the lead in terms of growth seen in their CSR spends over the years In fact, between FY15 and FY16, PSUs increased their CSR spend by over 56 per cent. During the same period, the private sector firms have had higher share of contribution but their spend has increased by about 40 per cent.

But even as annual CSR spend is on the rise, the impact on the ground and effective deployment of the funds remain a matter of debate. The government data suggests that a large portion of CSR money has flown into various government programmes, including under the ‘Sansaad Adarsh Gram Yojana’ that are more politically driven with little concern towards societal uplift.

The data suggests that between FY15, FY16 and FY17 (April-November period), contribution made towards rural development projects qualified for CSR spending stood at Rs 1,031.02 crore, Rs 1327.57 crore and Rs 628.56 crore respectively.

Among the activities getting maximum CSR spending are health, education and rural development projects. Surprisingly, the NDA government’s Swachh Bharat Kosh still gets low corporate funds (to the tune of RS 300 crore annually), though in per centage terms the money has increased in last three years. Corporates are also spending paltry sum (mere Rs 30 crore annually) towards clean Ganga project.

“Even though we are seeing a steady increase in the amount of money being allocated by firms under CSR, there appears to be a disconnect in what the requirements on the ground are and what the companies are allocating money towards,” said a official associated with NGO handling several CSR projects for companies.

As is evident from the MCA data, companies often choose certain causes over others, not always based on the needs on the ground. It is mostly politically driven, with the need to be in the right books rather than bringing about tangible benefits to society.

Disclaimer: The views expressed in this feature are entirely their own and does not necessarily reflect the views of India CSR Network and its Editor.

Terms & Conditions: India CSR Network does not permit other Websites/Agency to copy or reproduce or reprint the above article/feature in any form or means.

 

IndiaCSR Whatsapp Channel
Tags: Corporate Social Responsibility

India CSR offers strategic corporate outreach opportunities to amplify your brand’s CSR, Sustainability, and ESG success stories.

📩 Contact us at: biz@indiacsr.in

Let’s collaborate to amplify your brand’s impact in the CSR and ESG ecosystem.

India CSR

India CSR

India CSR is the largest media on CSR and sustainability offering diverse content across multisectoral issues on business responsibility. It covers Sustainable Development, Corporate Social Responsibility (CSR), Sustainability, and related issues in India. Founded in 2009, the organisation aspires to become a globally admired media that offers valuable information to its readers through responsible reporting.

Related Posts

India’s Veteran journalist Vinod Dua passes away
More

India’s Veteran journalist Vinod Dua passes away

4 years ago
373
India CSR
More

Republic or Democratic?

4 years ago
280
Dr. H. Chaturvedi on Stem Education in India at STEM – CSR Roundtable
Corporate Social Responsibility

How can we conserve water amidst the Coronavirus crisis?

5 years ago
42
Dr. H. Chaturvedi on Stem Education in India at STEM – CSR Roundtable
Corporate Social Responsibility

Toyota Kirloskar Motor temporarily halts production at its Plant in Bidadi, Karnataka

5 years ago
57
Dr. H. Chaturvedi on Stem Education in India at STEM – CSR Roundtable
Corporate Social Responsibility

Govt. seeks public comments on Corporate Social Responsibility Policy (CSR) Amendment Rules, 2020

5 years ago
79
Dr. H. Chaturvedi on Stem Education in India at STEM – CSR Roundtable
Corporate Social Responsibility

Govt to amend CSR rules under companies law, invites public comments

5 years ago
57
Dr. H. Chaturvedi on Stem Education in India at STEM – CSR Roundtable
Corporate Social Responsibility

MCA sanctions Prosecution in 366 cases given in violation of CSR Provisions

5 years ago
87
More

Schindler India launches an additional employee assistance program

5 years ago
32
More

NMDC Committed to fight COVID 19 for a safe and healthy India

5 years ago
12
Load More
India CSR Awards India CSR Awards India CSR Awards
ADVERTISEMENT

LATEST NEWS

Modern Luxury Sofa Sets: Redefining Comfort Through Design Intelligence

Key Challenges Faced in Securing Business Loans in India and How to Tackle Them

Bambrew Raises Rs 90 Cr to Drive Global Growth in Sustainable Materials

When to See a Spine Surgeon: Early Signs that require Attention

ध्यानगुरु रघुनाथ येमूल गुरुजी की दृष्टि से आषाढ़ की यात्राएँ : भक्ति, ऊर्जा और पर्यावरण का वैज्ञानिक और आध्यात्मिक समन्वय

CSR: Jindal Foundation Rolls Out ‘Hospital on Wheels’ to Boost Rural Healthcare in Jharkhand

HZL HZL HZL
ADVERTISEMENT

TOP NEWS

Hindustan Zinc’s contributed nearly Rs 90,000 Cr to exchequer in last 5 years, Rs 18,963 Cr in FY25

Amazon Secures $180 Million in Penalties as Criminal Action Hits Global Fraud Network

From Complexity to Clarity: Navigating the Path of Salesforce Experience Cloud Implementation

CSR: K Raheja Corp Empowers Underprivileged Students Through Purposeful Volunteering

Colgate-Palmolive (India) CSR Spending Report of Rs 33.67 Crore for FY25

ध्यानगुरु रघुनाथ येमूल गुरुजी की दृष्टि से आषाढ़ की यात्राएँ : भक्ति, ऊर्जा और पर्यावरण का वैज्ञानिक और आध्यात्मिक समन्वय

Load More

Advertisement

Image Slider
content writing services Guest Post Top 5 Reasons to have Sponsored Posts at India CSR – India’s Largest CSR Media stem learning R2V2 Technologies Private Limited

Interviews

Himanshu Nivsarkar, Senior Executive Vice President and Head of CSR & ESG at Kotak Mahindra Bank
Interviews

Driving Sustainable Impact: An Interview with Himanshu Nivsarkar, Kotak Mahindra Bank

by India CSR
May 22, 2025
140

By Rusen Kumar NEW DELHI (India CSR): Himanshu Nivsarkar, Senior Executive Vice President and Head of CSR & ESG at Kotak...

Read moreDetails
Balamurugan Thevar, CSR Head at Shriram Finance

Empowering Women Drivers: An Interview with Balamurugan Thevar, CSR Head at Shriram Finance

May 20, 2025
214
N E Sridhar, the Chief Sustainability Officer at Titan Company Ltd.

Empowering Rural Craft Entrepreneurs: An Interview with N E Sridhar, Titan Company

May 15, 2025
101
Geetaj Channana, the Head of Corporate Strategy at Vivo India

Empowering Young Innovators Across India: An Interview with Geetaj Channana, the Head of Corporate Strategy at Vivo India

April 25, 2025
54
Load More
Facebook Twitter Youtube LinkedIn Instagram
India CSR Logo

India CSR is the largest tech-led platform for information on CSR and sustainability in India offering diverse content across multisectoral issues. It covers Sustainable Development, Corporate Social Responsibility (CSR), Sustainability, and related issues in India. Founded in 2009, the organisation aspires to become a globally admired media that offers valuable information to its readers through responsible reporting. To enjoy the premium services, we invite you to partner with us.

Follow us on social media:


Dear Valued Reader

India CSR is a free media platform that provides up-to-date information on CSR, Sustainability, ESG, and SDGs. They need reader support to continue delivering honest news. Donations of any amount are appreciated.

Help save India CSR.

Donate Now

donate at indiacsr

  • About India CSR
  • Team
  • India CSR Awards 2025
  • Partnership
  • Guest Posts
  • Services
  • Content Writing Services
  • Business Information
  • Contact
  • Privacy Policy
  • Terms of Use
  • Donate

Copyright © 2025 - India CSR | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Corporate Social Responsibility
    • Art & Culture
    • CSR Leaders
    • Child Rights
    • Culture
    • Education
    • Gender Equality
    • Around the World
    • Skill Development
    • Safety
    • Covid-19
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Plastics
    • Sustainable Development Goals
    • ESG
    • Circular Economy
    • BRSR
  • Corporate Governance
    • Diversity & Inclusion
  • Interviews
  • SDGs
    • No Poverty
    • Zero Hunger
    • Good Health & Well-Being
    • Quality Education
    • Gender Equality
    • Clean Water & Sanitation – SDG 6
    • Affordable & Clean Energy
    • Decent Work & Economic Growth
    • Industry, Innovation & Infrastructure
    • Reduced Inequalities
    • Sustainable Cities & Communities
    • Responsible Consumption & Production
    • Climate Action
    • Life Below Water
    • Life on Land
    • Peace, Justice & Strong Institutions
    • Partnerships for the Goals
  • Articles
  • Events
  • हिंदी
  • More
    • Business
    • Finance
    • Environment
    • Economy
    • Health
    • Around the World
    • Social Sector Leaders
    • Social Entrepreneurship
    • Trending News
      • Important Days
      • Great People
      • Product Review
      • International
      • Sports
      • Entertainment
    • Case Studies
    • Philanthropy
    • Biography
    • Technology
    • Lifestyle
    • Sports
    • Gaming
    • Knowledge
    • Home Improvement
    • Words Power
    • Chief Ministers

Copyright © 2025 - India CSR | All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.