Allocation of CSR Funds by PSUs under Ministry of Steel
The Ministry of Steel mandates that Central Public Sector Enterprises (CPSEs) allocate at least 2% of their average net profits from the last three financial years for Corporate Social Responsibility (CSR) activities. The report details the CSR spending of various CPSEs over the last three years, highlighting the financial challenges faced by some companies. Key focus areas for CSR include education, health, women empowerment, and support for marginalized communities. The CSR projects primarily benefit local populations around steel plants and mines.
Source: Original Link