**Executive Summary**
The Ministry of Corporate Affairs reports that annual filings by companies show a total Corporate Social Responsibility (CSR) expenditure of over 1,44,159 crores in the last five financial years (2019-20 to 2023-24). This data is based on filings in the MCA 21 registry and available in the public domain. The report also addresses the regulatory framework for CSR, including impact assessment requirements.
**Key Points / Main Content**
* **CSR Expenditure Database:**
* The government maintains a central database of CSR expenditure reported by companies in the MCA 21 registry.
* CSR data, including state-wise, year-wise, company-wise, and project-wise information, is publicly available.
* **Regulatory Framework:**
* The Companies Act, 2013, empowers the company's Board to plan, decide, execute, and monitor CSR activities.
* Existing legal provisions ensure transparency and accountability in CSR activities.
* **Impact Assessment:**
* Companies with an average CSR obligation of 10 crore rupees or more in the three immediately preceding financial years must conduct impact assessments of projects with outlays of one crore rupees or more.
* The impact assessment must be done through an independent agency for projects completed at least one year prior.
* All companies must report details of CSR activities and Impact Assessments in the 'Annual Report on CSR', which is part of the Company's Board Report.
* **CSR Spending Requirement:**
* CSR mandated companies shall spend at least 2% of the average net profits of the company during the three immediately preceding financial years in areas or subjects specified in Schedule VII of the Act.
* **CSR Expenditure (FY 2019-20 to FY 2023-24):**
* FY 2019-20: Rs. 24,965.82 Crore
* FY 2020-21: Rs. 26,210.95 Crore
* FY 2021-22: Rs. 27,141.45 Crore
* FY 2022-23: Rs. 30,932.08 Crore
* FY 2023-24: Rs. 34,908.75 Crore
**Impact Analysis**
**Companies**
* **Impact:** The document highlights the CSR expenditure requirements and emphasizes the need for compliance with the Companies Act, 2013, and CSR Policy Rules, 2014, regarding CSR activities and Impact Assessments.
* **Action Required:** Ensure that CSR spending meets the mandated 2% threshold, conduct impact assessments as required, and accurately report CSR activities in the annual report.
**Company Boards**
* **Impact:** The document highlights the role of the Board of the company in planning, deciding, executing and monitoring CSR activities of the company.
* **Action Required:** Ensure that the CSR policies are in line with the legal provisions.
**Ministry of Corporate Affairs**
* **Impact:** Responsible for overseeing and regulating CSR activities of the companies.
* **Action Required:** Continue monitoring CSR spending and ensuring compliance with the Act.
Key Entities Referenced
Companies Act, 2013: Governs Corporate Social Responsibility (CSR) activities and Board driven process for companies.
Companies (CSR Policy) Rules, 2014: Provides guidelines for CSR obligations, including impact assessment requirements.
Section 135 (5): Specifies the requirement for mandated companies to spend at least 2% of average net profits on CSR activities.
Ministry of Corporate Affairs: Responsible for maintaining a central database of Corporate Social Responsibility (CSR) expenditure reported by companies.
Ministry of Corporate Affairs
Annual filings by companies on development
CSR expenditure totals over 1,44,159 crores in
last five FYs (2019-20 to 2023-24)
Posted On: 10 FEB 2026 7:12PM by PIB Delhi
Government maintains a central database of Corporate Social Responsibility (CSR) expenditure reported
by the companies in the MCA 21 registry. All data related to CSR expenditure filed by companies in
MCA21 registry including state-wise, year-wise, company-wise and project-wise is available in public
domain at www.csr.gov.in.
As per provisions of the Companies Act, 2013, CSR is a Board driven process and the Board of the
company is empowered to plan, decide, execute and monitor CSR activities of the company. The existing
legal provisions regarding formation of CSR committee, formulation of CSR policy, Annual Action Plan
on CSR, certification of CSR expenditure by Chief Financial Officer (CFO) and audit of CSR expenditure
by statutory auditors, etc., are the mechanisms to ensure transparency and accountability.
Further, Rule 8 of the Companies (CSR Policy) Rules, 2014 provides that every company having average
CSR obligation of 10 crore rupees or more in the three immediately preceding financial years, shall
undertake impact assessment, through an independent agency, of their CSR projects having outlays of one
crore rupees or more, and which have been completed not less than one year before undertaking the
impact study. The details of CSR activities, Impact Assessment, etc., are required to be reported by all the
companies in the ‘Annual Report on CSR’ including annual action plan on CSR which is part of the
Company’s Board Report.
There is no provision of allocation of CSR funds in CSR legal framework and as per Section 135 (5) of
the Act CSR mandated companies shall spend at least 2% of the average net profits of the company during
the three immediately preceding financial years in areas or subjects specified in Schedule VII of the Act.
On the basis of annual filings made by companies in the MCA 21 registry, development CSR expenditure
for the last five Financial Years i.e. FY 2019-20 to FY 2023-24 are as follows:
FYs CSR Amt. in Rs. Crore
FY 2019-20 24,965.82
FY 2020-21 26,210.95
FY 2021-22 27,141.45
FY 2022-23 30,932.08FY 2023-24 34,908.75
This information was given by the Minister of State in the Ministry of Corporate Affairs; and the Minister
of State in the Ministry of Road, Transport and Highways, Shri Harsh Malhotra in a written reply to a
question in Rajya Sabha today.
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