Calcutta HC Confirms KMC Can Revise Property Valuation to Levy Tax In ?11.24 Crore Dispute  ||  Bom HC Cancels Bail of Accused Supplying Fake Medicines, Says it Weakens Public Trust in Healthcare  ||  MP HC: Oral, Anal Sex Between Married Couples Not Punishable under Section 377 IPC  ||  SC Says Respect For Higher Court Orders a Basic Principle, Rebukes Authority For Revisiting Order  ||  SC: Merits of Foreign Arbitral Awards Cannot be Re-Examined During Enforcement Proceedings  ||  SC: Failure to Sign Charge Sheet Doesn’t Invalidate Trial if Charges Were Properly Read to Accused  ||  Delhi HC: Bipolar Disorder Alone Does Not Qualify as Medical Disability Without Benchmark Criteria  ||  Kerala HC: Excommunicating Knanaya Catholics For Marrying Outside the Community is Unconstitutional  ||  Kerala HC: Temporary Use of Religious Land For Public Infrastructure is Not a ‘Transfer’ under Law  ||  P&H HC: Habeas Plea in Child Custody Case Not Maintainable if Child is With Natural Guardian and Safe    

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