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CSR spend in Northeast anything but generous in FY22, shows data

The concluding part of a three-part series on corporate social responsibility spending looks at regional disparities in allocation

Illustration: Ajay Mohanty
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Illustration: Ajay Mohanty

Sachin P Mampatta Mumbai

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Companies spent a smaller share of their mandatory charitable spending in the Northeast than before.

The Northeast got a 7.7 per cent share in corporate social responsibility (CSR) funding in 2021-22 (FY22), reveals an analysis of data collated by primeinfobase.com. This is the second-lowest since CSR spending became mandatory in 2014-15 (FY15). It had been as high as 10.1 per cent at its peak in 2016-17.

Companies are required to spend 2 per cent of their profits on CSR projects. The analysis considered spending in Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, and Tripura.

Assam was the biggest recipient

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First Published: Apr 25 2023 | 11:25 PM IST

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