 "Medics inoculate doses of COVID-19 vaccine to people during the third phase of the vaccination drive, at BKC Jumbo Covid Centre in Mumbai on Saturday. COVID-19 vaccination drive for people above 18 years has begun.")
The Ministry of Corporate Affairs (MCA) on Wednesday elaborated on eligible Covid-related expenditure which would qualify as eligible corporate social responsibility (CSR). These include creating health infrastructure for Covid care, establishment of medical oxygen generation and storage plants, manufacturing and supply of oxygen concentrators, ventilators, cylinders and other medical equipment for countering Covid-19.
Companies allowed to invest CSR funds into Schedule VII of the Companies Act would be able to contribute to specified research and development projects as well as public funded universities and certain organisations engaged in conducting research in science, technology, engineering, and medicine. Schedule VII includes
Companies allowed to invest CSR funds into Schedule VII of the Companies Act would be able to contribute to specified research and development projects as well as public funded universities and certain organisations engaged in conducting research in science, technology, engineering, and medicine. Schedule VII includes
