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Июль
2019

'Prosecution Sanction' accorded in 366 cases for non-compliance of CSR, MoS Finance informs Lok Sabha

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The government has accorded "prosecution sanction" in 366 cases for non-compliance of Corporate Social Responsibility norms in the 2014-15 period and given notice in 5382 cases, Minister of State for Corporate Affairs Anurag Thakur told the Lok Sabha on Monday.Replying to supplementaries during the question hour, he said that money spent under CSR was increasing and Rs 10,065 crore was spent by as many as 16,785 companies in 2014-15 and Rs 14,242 crore by 21,470 companies in 2016-17.He said India was the first country to implement Corporate Social Responsibility (CSR) norms under a bill passed in 2013.The minister said that a centralised scrutiny and prosecution mechanism was established to streamline the work under the initiative and 5382 companies were given notice."No action was taken against those who gave satisfactory replies but those who did not, action was taken against them," he said.The minister said that the norms provide for strict action against violations and officials



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