PSUs spent over Rs 2,400 cr in CSR

New Delhi .March 11, 2016

 The Centre on Thursday said 116 central public sector enterprises have  spent Rs 2,447 crore on Corporate Social Responsibility (CSR) activities in 2014-15  and no complaint has been received on misuse of these funds.

 

Heavy Industries and Public Enterprises Minister Anant Geete said this in Rajya  Sabha during the Question Hour after several members expressed concern over media reports suggesting that there have been misuse of CSR funds, especially by private companies.

 

Geete told the members that he understood their concerns and added that he was not ruling out the possibility of misuse. He, however, added that his Ministry had  received no “written” complaint regarding which could be acted upon. Business Line