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CSR activities log 64% dip in 2020-21; private sector improves

The number of companies engaged in CSR activities dropped by about 93% on an annualised basis at 1,619 in 2020-21, compared to 22,531 a year ago, as per data on the CSR portal of the corporate affairs ministry sourced from directors’ reports and forms filed by companies as on September 30, 2021
The disruption caused by the Covid-19 pandemic and challenges in vetting organisations and projects to fund are among the reasons for the fall in CSR spending, experts said. The earmarked funds can be utilised once these obstacles are removed. (PTI)
The disruption caused by the Covid-19 pandemic and challenges in vetting organisations and projects to fund are among the reasons for the fall in CSR spending, experts said. The earmarked funds can be utilised once these obstacles are removed. (PTI)
Updated on Feb 14, 2022 03:45 AM IST
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ByRajeev Jayaswal, New Delhi
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Thursday, July 07, 2022