TCS, Infosys, ICICI Bank, HDFC Bank fail to carry out this big responsibility
About Rs 13,828 crore was spent by over 19,000 companies during FY16. In the subsequent year, only Rs 4,719 crore was spent by 6,286 companies. Over 9,200 eligible companies did not spend a single penny on CSR during FY16 as compared to 346 firms in FY17.
The firms spend CSR funds in about 10 areas that include poverty eradication, preventive healthcare, sanitation, safe drinking water, education, gender equality, environmental sustainability and protection of national heritage. Image source: PTI