Business Standard

CSR spends have a geography problem as charity begins and ends at home

Funding is largely limited to states where industry is concentrated; those with low industrialisation are likely to have been starved of critical funds


Sachin P MampattaKrishna Kant
Charity begins (and ends) at home for corporate India.

Developed states which house India’s largest companies, tend to get more money from their corporate social responsibility (CSR) budgets shows an analysis of listed companies’ CSR spends from Prime Database compared to government figures on Gross State Domestic Product at Factor Cost (current prices).

A state like Bihar ranks 17th on a list of 32 states and union territories for which CSR data is available. Topping the list are industrial powerhouses like Maharashtra, Gujarat and Karnataka. The correlation between these three states' economic output and the amount of CSR spends is

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First Published: Dec 18 2018 | 12:32 PM IST

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