Bom HC: LARR Authority Can Examine Limitation Issues in Land Acquisition References under 2013 Act  ||  MP HC: Long-Serving Employees Cannot Be Denied Regularisation by Retrospective Statutory Amendments  ||  J&K&L HC: Routine Challenges to Lok Adalat Awards Defeat Their Purpose of Quick Dispute Resolution  ||  Bombay HC: Restricting Compensation For Wild Animal Damage to Select Species Violates Article 14  ||  Supreme Court: Corporate Guarantee Constitutes as Financial Debt under the IBC  ||  Supreme Court: No Right to Full Tenure Exists When Appointment is Made ‘Until Further Orders’  ||  SC Mandates Trial Courts Seek Reports on Mitigating and Aggravating Factors Before Death Sentencing  ||  Supreme Court: Schools Cannot Delay Admission of State-Allotted Student over an Eligibility Dispute  ||  J&K&L HC: Delay in Executing Preventive Detention on Unsubstantiated Medical Ground Makes it Invalid  ||  Delhi HC Allows AITA Results For Interim Management and Directs Fresh Elections Under New Sports Law    

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