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Update on CSR Policy

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The amount under Corporate Social Responsibility (CSR) is allocated and utilised by various Companies in accordance with the broad framework provided by the Government under section 135 of the Companies Act, 2013 (‘Act’) and Companies (CSR Policy) Rules, 2014, as amended from time to time. The Act, inter-alia, stipulates that companies exceeding the threshold limits, as specified in the Companies Act, 2013, have to allocate at least 2% of their average net profits of the company made during the three immediately preceding financial years for CSR activities. The Board of a company is empowered to plan, decide, execute and monitor CSR activities of the company. Schedule VII of the Companies Act indicates the activities that can be undertaken by the companies, which, inter-alia, include Health care, Education and Rural Development Projects, etc. Further, the first proviso to section 135 (5) of the Act provides that the company shall give preference to local areas and the areas around it where it operates.

Year-wise details of CSR amount and expenditure incurred on major CSR activities in various States/UTs by CPSEs under the Ministry of Steel during the last three years, i.e. 2017-18, 2018-19 and 2019-20, are given blow:

Statement showing Year-wise details of CSR Amount and Actual expenditure incurred on major CSR activities in various States/UTs by CPSEs under the Ministry of Steel during the last 3 years

 

Name of the CPSEName of the State/UTs and CSR Activities Undertaken(Rs. in lakh)
2017-182018-192019-20
CSR AmountExp.CSR AmountExp.CSR AmountExp.
Steel Authority of India Limited (SAIL)SAIL has carried out CSR activities   in areas such as Education, Providing Health-care facilities, Women Empowerment, Sustainable Income Generation through Self-Help Groups, Assistance to Divyangs, Promotion of Sports coaching, Traditional Art and Culture, Access to Water facilities and Sanitation, Environment Sustainability, etc.

 

CSR activities have been carried out mainly in the States/UTs of Chhattisgarh, Jharkhand, Odisha, West Bengal, Madhya Pradesh, Tamil Nadu, Maharashtra, Karnataka, Kerala, Delhi, Uttar Pradesh and Haryana.

 

260025703000311833002756
Rashtriya Ispat Nigam Limited (RINL)RINL has carried out CSR activities in areas such as Health, Drinking water, Swachh Bharat and Help during natural calamities, Education and Skill Development, Women Empowerment and Senior Citizen Care, Environment and Clean Ganga, Sports, Rural Development, Slum Area Development, Survey/ Assessments etc.

 

CSR activities have been carried out mainly in the States/UTs of Andhra Pradesh, Telangana, Uttar Pradesh, Delhi, Madhya Pradesh, Haryana, Odisha and Kerala.

 

1300960119010301010796
NMDC LimitedNMDC has carried out CSR activities in areas such as Drinking Water, Education, Health and Hygiene, Environment, Infrastructure, Culture and Heritage, Flood Relief/Natural Calamities, Nutrition, Skill Development, Promotion of Sports, etc.

 

CSR activities have been carried out mainly in the States/UTs of Chhattisgarh, Karnataka, Telangana, Madhya Pradesh, Andhra Pradesh, Uttar Pradesh, Delhi, Haryana, Kerala, Himachal Pradesh and Maharashtra.

 

195161693720000167242000019999
MOIL LimitedMOIL has carried out CSR activities in areas such as Education, Rural Development, Health, Culture and Sports, Environment Sustainability, etc.

 

CSR activities have been carried out mainly in the States of Maharashtra, Madhya Pradesh and Telangana.

92296292592912501274
MSTC LimitedMSTC has carried out CSR activities in areas such as Education, Healthcare, Livelihood Generation, Women Empowerment, Drinking Water, Sanitation, Sports, Art and Culture, Flood Relief, Social Security, Environment Sustainability, Skill Development, etc.

 

CSR activities have been carried out mainly in the States of West Bengal, Jharkhand, Andhra Pradesh, Karnataka, Odisha, Kerala and Uttar Pradesh.

215215200200Nil54
KIOCL LimitedKIOCL has carried out CSR activities in areas such as Sanitation and Drinking Water, Healthcare, Education, Promotion of Sports, Flood relief, Mid-day meal to School children, etc.

 

CSR activities have been carried out mainly in the States of Karnataka, Odisha, Kerala, Madhya Pradesh and Tamil Nadu.

 

16164033208331
MECON LimitedMECON has carried out CSR activities in areas such as Nutrition, Sanitation, Healthcare, Education, Skill Development and Livelihood, Social Welfare, Rural Development etc.

 

CSR activities have been carried out mainly in the States of Jharkhand, Uttar Pradesh and Andhra Pradesh.

2034954417547330

 

This Information was given by the Union Minister for Steel Shri Dharmendra Pradhan in a written reply in the Rajya Sabha

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