Role of Corporate Social Responsibility in Tribal Welfare
The Union Minister of State for Tribal Affairs, Shri Durgadas Uikey, addressed the Rajya Sabha about the framework and impact of Corporate Social Responsibility (CSR) initiatives as established under Section 135 of the Companies Act, 2013, and CSR Policy Rules, 2014. Companies surpassing specified financial benchmarks are mandated to allocate at least 2% of their profits to CSR activities like education, health care, and environmental sustainability, among others. The emphasis is on balancing local preferences with national priorities. Detailed expenditure data for FY 2021-22 to FY 2023-24 highlights sectors such as education and health care receiving significant attention.
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