Corporate India spends a huge sum on Corporate Social Responsibility (CSR) for the welfare of workers and local people in the country.
Section 135 of the Companies Act, 2013 (‘Act’) mandates every company having net worth of Rs. 500 crore or more, or turnover of Rs. 1000 crore or more, or net profit of Rs. 5 crore or more during the immediately preceding financial year to undertake Corporate Social Responsibility (CSR) activities.
In India, CSR is a Board driven process and the Board of the company is empowered to plan, decide, execute and monitor the CSR activities of the company based on the recommendation of its CSR Committee.
As per the Act, financial statements and board report containing disclosure about CSR, for the financial year 2020-21.
| SL No. | Company | Sector | Spending (INR in Cr) | Unspent (INR in Cr) | PM CARES Fund (INR in Cr) |
| 1 | Reliance Industries | Manufacturing | 1,140 | ||
| 2 | TCS | IT | 663 | ||
| 3 | HDFC Bank | Banking | 634.91 | ||
| 4 | Infosys Limited | IT | 325.32 | 50 | |
| 5 | ITC Limited | FMCG | 353.46 | ||
| 6 | Wipro Limited | IT and FMCG | 251 | ||
| 7 | JSW Steel | Steel | 78.32 | 86.40 | 75 |
| 8 | Tata Steel | Steel & Mining | 222 | ||
| 9 | SBI | Banking | 144.88 | 11 | |
| 10. | Hindustan Unilever Limited | FMCG | 165 | ||
| 11. | Mahindra & Mahindra | Automobile | 92.78 | 20 | |
| 12. | Adani Group | Divers | 16 | ||
| 13. | Tata Motors | Automobile | 24 | ||
| 14. | Axis Bank | Banking | 91 | ||
| 15. | Havells India | Electrical equipment | 21 | ||
| 16. | Godrej Consumer Products Limited | FMCG | 34 | ||
| 17. | Asian Paints Limited | Decorative | 63 | 14.78 (Including) | |
| 18. | Lupin Limited | Pharma | 35.11 | ||
| 19. | ICICI Bank | Banking | 184.53 | ||
