Money Spent by Corporate Houses on CSR

The current financial year is the first year of implementation of Corporate Social Responsibility (CSR) by companies under the Companies Act, 2013. Details of money spent by corporate houses on CSR are expected to be available after the mandatory disclosures on CSR are made by companies towards the end of the year 2015.

This was stated by Shri Arun Jaitley, Minister of Corporate Affairs in written reply to a question in the Rajya Sabha today.