As stipulated in the Section 135 of the Companies Act, companies having a net worth of INR 500 crore (Cr.) or more, a turnover of INR 1000 Cr. or more, or a net profit of INR 5 Cr. or more in a given financial year are required to spend 2 percent of their average net profit (of previous three years) on CSR programmes. Indian companies responded well to the mandatory CSR with almost INR 8800 Cr. CSR spend in the 1st reporting year of the CSR compliance.
If we look at the overall CSR ecosystem in India, the total CSR fund investment by companies in India would cross INR 50,000 Cr. by 31st March 2019, since the applicability of the mandatory CSR. A large chunk of this is towards education and skills development projects, followed by healthcare and sanitation initiatives, both of which are top priorities for the central government as well
CSR Thematic Focus by Companies |
Geographic priority and non-priority States for Companies |
Top 10 States as CSR Fund Receivers (FY-14-15-FY18-19) |
Bottom 5 States as CSR Fund Receivers |
Top 20 Companies' (By Estimated Prescribed CSR fund) (2018-19)