8 years of CSR – Impact Over Compliance.
In 2014, India became the first country in the world to mandate CSR spend through legislative action. The legal mandate on CSR applies to companies that have:
- Net worth of INR 500 Crore or more, OR
- Annual turnover of INR 1000 Crore or more, OR
- Net profit of INR 5 Crore or more.
Companies, thus coming under the CSR mandate, have to spend at least 2% of their average net profits of the preceding three years on social impact programmes in every financial year.
While the CSR spending has increased by more than 1.5 times since its inception in 2014, the yearly spend for the last three years has remained relatively constant – in the range of INR 25-26 Thousand Crore.
This is a detailed CSR landscape study designed to provide actionable insights on:
- Under-funded regions
- Industry and CSR spending trends
- Under-funded sectors
- Peer trends by industry and company size
This data guide is an essential tool if you are a:
- CSR practitioner working on creating effective programmes
- Non-profit organisations looking to understand the funding landscape
- Policy makers/researchers studying CSR trends
Read our blog, here.
For the complete report, click on the ‘Download PDF’ link on the right side of this page.
For more data-based reports on CSR, do visit India Data Insights.
