CSR & ESG
CSR Spend Jumps from ₹10,065 Cr to ₹34,908 Cr in 2024
Jun 14—Bhoomi News Desk
Ministry of Corporate Affairs (MCA) data reveals a significant increase in CSR expenditure in India, growing from ₹10,065.93 crore in FY 2014-15 to ₹34,908.75 crore in FY 2023-24. The number of companies participating in CSR also rose from 16,548 to 27,188 during this period. This expansion highlights CSR's evolution into a broader development tool, covering 28 sectors aligned with Schedule VII of the Companies Act, 2013.
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