Bulk of CSR spent on developed states; Maharashtra, Karnataka top the list

A fifth of CSR spends between 2014-15 and 2017-18 was spent in Maharashtra, Gujarat, and Karnataka

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Sachin P MampattaKrishna Kant Mumbai
Companies spend most of their corporate social responsibility (CSR) budgets in states which are well-developed. 

A fifth of CSR spends between 2014-15 and 2017-18 was spent in Maharashtra, Gujarat, and Karnataka. All three states are among the most developed in India - among the highest in terms of economic output. 

The analysis looked at the sum of CSR spends since 2014-15 from corporate tracker, PRIME Database. This was compared to government figures on gross state domestic product at factor cost (current prices) for the 32 states and Union Territories for which the CSR data is available. 
 
The correlation between the state’s economic

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First Published: Dec 19 2018 | 9:37 PM IST

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