Question : CORPORATE SOCIAL RESPONSIBILITY



(a) whether the Government has made it mandatory for every company to have a policy for corporate social responsibility;

(b) if so, the details thereof;

(c) the funds spent by the corporate sector for social responsibility during the last three years and the current year; and

(d) the steps taken by the Government to ensure the role of Corporate Sector in the field of social and economic development of the country?

Answer given by the minister


THE MINISTER OF STATE IN THE MINISTRY OF CORPORATE AFFAIRS (SHRI R.P.N. SINGH)

(a) & (b) No Madam.

(c) No such information is maintained by the Ministry of Corporate Affairs.

(d) Government has issued “Corporate Social Responsibility Voluntary Guidelines 2009” for adoption by Companies voluntarily.