This notification, G.S.R. 776(E), issued by the Ministry of Corporate Affairs on October 11, 2019, effective immediately upon publication in the Official Gazette, amends Schedule VII of the Companies Act, 2013. Specifically, it substitutes item (ix) of the schedule to broaden the scope of eligible Corporate Social Responsibility (CSR) activities. The amendment now includes contributions to incubators funded by the Central Government, State Governments, or their agencies/Public Sector Undertakings. It also covers contributions to publicly funded Universities, Indian Institutes of Technology (IITs), National Laboratories, and Autonomous Bodies established under the auspices of the Indian Council of Agricultural Research (ICAR), Indian Council of Medical Research (ICMR), Council of Scientific and Industrial Research (CSIR), Department of Atomic Energy (DAE), Defence Research and Development Organisation (DRDO), Department of Science and Technology (DST), and the Ministry of Electronics and Information Technology, provided these institutions are engaged in research in science, technology, engineering, and medicine aimed at promoting Sustainable Development Goals (SDGs). The notification was issued under the authority of subsection (1) of section 467 of the Companies Act, 2013 (18 of 2013). Contact information: K. V. R. Murty, Jt. Secy., F. No. 13/18/2019-CSR.
Key Entities Referenced
Companies Act, 2013: An act of the Parliament of India that regulates incorporation of a company, responsibilities of a company, directors, dissolution of a company, and other regulations.
Schedule VII: Schedule VII of the Companies Act, 2013, which lists the activities that qualify as Corporate Social Responsibility (CSR).
Central Government: The executive branch of the government of India.
State Government: The government of each of the states and territories of India.
Public Sector Undertaking: A company in which the majority (51% or more) of the shares are owned by the central government or any state government or partly by the central governments and partly by one or more state governments.
Indian Institute of Technology: A group of autonomous public engineering and research institutions of higher education.
Indian Council of Agricultural Research: An autonomous organisation under the Department of Agricultural Research and Education (DARE), Ministry of Agriculture and Farmers Welfare, Government of India.
Ministry of Corporate Affairs: The Indian government ministry which primarily deals with regulation of Indian enterprises in Industrial and Services sectors.
jftLVªh laö Mhö ,yö&33004@99 REGD. NO. D. L.-33004/99
vlk/kj.k
EXTRAORDINARY
Hkkx II—[k.M 3—mi&[k.M (i)
PART II—Section 3—Sub-section (i)
izkf/dkj ls izdkf'kr
PUBLISHED BY AUTHORITY
la- 602] ubZ fnYyh] 'kqØokj] vDrwcj 11] 2019@vkf'ou 19] 1941
No. 602] NEW DELHI, FRIDAY, OCTOBER 11, 2019/ASVINA 19, 1941
ककककााााररररपपपपोोोोररररेेेेटटटट ककककाााायययय (cid:10)(cid:10) (cid:10)(cid:10)मममम(cid:13)(cid:13)ंं(cid:13)(cid:13)ंं ााााललललयययय
अअअअििििधधधधससससचचूूचचूू ननननाााा
नई (cid:4)द(cid:6)ली, 11 अ(cid:12) तबू र, 2019
ससससाााा....ककककाााा....ििििनननन.... 777777776666((((अअअअ))))....————क(cid:16)(cid:17)ीय सरकार, कंपनी अिधिनयम, 2013 (2013 का 18) क! धारा 467 क! उप-धारा (1)
&ारा ’द( शि*य+ का ’योग करते /ए, उ* अिधिनयम क! अनसु ूची-7 म (cid:16)िन3िलिखत और सशं ोधन करती ह,ै अथा9त:्—
उ* अनुसूची 7 म,(cid:16) मद (ix) और इससे संबंिधत ’िवि>य+ के ?थान पर िन3िलिखत मद और ’िवि>यां रखी जाएगं ी,
अथा9त:्—
“(ix) क(cid:16)(cid:17)ीय सरकार या राAय सरकार या क(cid:16)(cid:17)ीय सरकार या राAय सरकार का कोई अिभकरण या पिDलक से(cid:12)टर
उपFम &ारा िव(-पोिषत इH(cid:12)युबेटर को अिभदाय और सधं ारणीय िवकास लIय+ (एसडीजी) को बढ़ावा दने े के
उLेMय स े िवNान, ’ौPोिगक!, इंजीिनयरी और औषध म(cid:16) अनुसंधान काय 9 के संचालन म(cid:16) काय9रत साव9जिनक िव(-
पोिषत िवQिवPालय, भारतीय ’ौPोिगक! सं?थान (आईआईटी), राSीय ’योगशालाएं और ?वाय(-शासी िनकाय+
(भारतीय कृिष अनुसधं ान पUरषद (आईसीएआर), भारतीय आयVु वNान अनुसधं ान पUरषद (आईसीएमआर),
वैNािनक और औPोिगक अनसु ंधान पUरषद (सीएसआईआर), परमाण ु ऊजा 9 िवभाग (डीएई), रXा अनसु ंधान और
िवकास संगठन (डीआरडीओ), िवNान और ’ौPोिगक! िवभाग (डीएसटी), इल(cid:12)े [ॉिनक! और सूचना ’ौPोिगक!
मं]ालय के त^वावधान के अधीन ?थािपत) को अिभदाय;”
2. यह अिधसूचना राजप] म(cid:16) इसके ’काशन क! तारीख को ’व(ृ होगी।
[फा. सं. 13/18/2019-सीएसआर]
के. वी. आर. मूVत, संयु* सिचव
(cid:15)(cid:15)(cid:15)(cid:15)टटटट(cid:16)(cid:16)(cid:16)(cid:16)पपपपणणणण :::: अनुसूची-7 तारीख 01 अ’लै , 2014 स े ’वृ( /ई थी और उसे तारीख 27 फरवरी, 2014 क! अिधसूचना सbं या
सा.का.िन. 130(अ), तारीख 31 माच,9 2014 के शुिc-प] सbं या सा.का.िन. 261(अ), तारीख 06 अग?त, 2014
क! अिधसूचना सbं या सा.का.िन. 568(अ), और तारीख 24 अ*ूबर, 2014 क! अिधसूचना सbं या
सा.का.िन. 741(अ) और तारीख 30 मई, 2019 क! अिधसूचना संbया सा.का.िन. 390(अ) के &ारा संशोिधत (01
अ’ैल, 2014 से ’भावी) (cid:4)कया गया था।
5309 GI/2019 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
MINISTRY OF CORPORATE AFFAIRS
NOTIFICATION
New Delhi, the 11th October, 2019
G.S.R. 776(E).—In exercise of the powers conferred by sub-section (1) of section 467 of the
Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following further amendments
to Schedule VII of the said Act, namely:-
In the said Schedule VII, for item (ix) and the entries relating thereto, the following item and entries
shall be substituted, namely:-
“(ix) Contribution to incubators funded by Central Government or State Government or any agency or
Public Sector Undertaking of Central Government or State Government, and contributions to public
funded Universities, Indian Institute of Technology (IITs), National Laboratories and Autonomous
Bodies (established under the auspices of Indian Council of Agricultural Research (ICAR), Indian
Council of Medical Research (ICMR), Council of Scientific and Industrial Research (CSIR),
Department of Atomic Energy (DAE), Defence Research and Development Organisation (DRDO),
Department of Science and Technology (DST), Ministry of Electronics and Information Technology)
engaged in conducting research in science, technology, engineering and medicine aimed at promoting
Sustainable Development Goals (SDGs);”
2. This notification shall come into force on the date of its publication in the Official Gazette.
[F. No. 13/18/2019-CSR]
K. V. R. MURTY, Jt. Secy.
Note : The Schedule VII was brought into force with effect from the 1st April, 2014 and was amended
(effective from the 1st April, 2014) vide notification number G.S.R. 130(E), dated the 27th February,
2014, Corrigenda number G.S.R. 261(E), dated the 31st March, 2014, notification number
G.S.R. 568(E), dated the 6th August, 2014, notification number G.S.R. 741(E), dated the
24th October, 2014 and notification number G.S.R. 390(E), dated the 30th May, 2019.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.