CSR TIMES

India’s No.1 Corporate Social Responsibility Magazine

+91-11-4183-4478

Funds subjected to establishing hospitals and COVID facilities , will be considered as CSR activity – Govt

News Update

Funds subjected to establishing hospitals and COVID facilities , will be considered as CSR activity – Govt

23 April, India- The Ministry of Corporate Affairs (MCA) announced on April 22 that any fund that is contributed to cater COVID relief undertakings , will be counted as CSR activity.

“The companies may undertake the aforesaid activities in consultation with state governments subject to fulfillment of Companies (CSR) Rules, 2014 and the circulars related to CSR issues by this Ministry from time to time,” the MCA clarified.

With this, any expenditure for public outreach programmes to promote vaccination against coronavirus, will be considered as CSR activity.

Disclaimer: The opinions expressed in this section and articles contributed are those of the respective authors, who have submitted it as their original work. They do not reflect the opinions or views of CSR Times, or its employees, management and group publications. The accuracy and reliability of information presented has not been verified by CSR Times. CSR Times will not be held responsible in any way for the content of this article.

Share:

Other Press Releases

Scroll to Top