NCLT: Suspended Directors Who are Prospective Resolution Applicants Cann’t Access Valuation Reports  ||  Supreme Court Clarifies Test For Granting Bail to Accused Added at Trial under Section 319 CrPC  ||  SC: Fresh Notification For Vijayawada ACB Police Station not Required After AP Bifurcation  ||  SC: Studying in a Government Institute Does Not Create an Automatic Right to a Government Job  ||  NCLT Mumbai: CIRP Claims Cannot Invoke the 12-Year Limitation Period For Enforcing Mortgage Rights  ||  NCLAT: Misnaming Guarantor as 'Director' in SARFAESI Notice Doesn't Void Guarantee Invocation  ||  Jharkhand HC: Mere Breach of Compromise Terms by an Accused Does Not Justify Bail Cancellation  ||  Cal HC: Banks Cannot Freeze a Company's Accounts Solely Due To ROC Labeling a 'Management Dispute'  ||  Rajasthan HC: Father’s Rape of His Daughter Transcends Ordinary Crime; Victim’s Testimony Suffices  ||  Delhi HC: Judge Who Reserved Judgment Must Deliver Verdict Despite Transfer; Successor Can't Rehear    

CSR expenditure during 2014-2015- (Ministry of Corporate Affairs) (03 May 2016)

MANU/PIBU/0413/2016

Company

The Minister of Corporate Affairs released figures on expenditure towards Corporate Social Responsibility activities between 2014 and 2015. A grand total of Rs. 6337 crores was spent by public and private sector companies towards CSR, falling some way short of a mandated Rs. 8347 crores.

In September 2015, a Committee set up by the Ministry to suggest monitoring measures towards the same had recommended variously that government should not have a role in engaging external experts to monitor quality and efficacy of CSR expenditure by companies. It also suggested reviewing CSR provisions of the Companies Act every three years, and recommended that CSR activities must be for the larger public food and activity that serves public purpose.

Tags : CORPORATE SOCIAL RESPONSIBILITY   EXPENDITURE   PUBLIC GOOD  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved