(a) whether there is any proposal to extend the scope of CSR applicability to Limited Liability Partnerships (LLPs) which are within the purview of the Ministry of Corporate Affairs;
(b) if so, the details thereof;
(c) whether there is any proposal to extend the scope of CSR applicability to Banks registered under the Banking Regulation Act, 1949 and similarly placed entities not covered under Companies Act; and
(d) if so, the details thereof?
THE MINISTER OF STATE FOR FINANCE
AND CORPORATE AFFAIRS (SHRI ANURAG SINGH THAKUR)
????? ??? ???????? ????? ???????? ??? ????? ?????? (???? ?????? ???? ?????)
(a) to (d): As of now there is no such proposal. However, a High Level Committee (HLC-2018) on Corporate Social Responsibility constituted by this Ministry has recommended the following:
“The scope of CSR applicability be extended to Limited Liability Partnerships (LLPs) which are within the purview of the MCA. The applicability of CSR may also be extended to Banks registered under the Banking Regulation Act, 1949. The applicability of CSR provisions may also be extended to similarly placed entities not covered under Companies Act through necessary amendments in Companies Act and, if necessary, in their respective statutes.”
The HLC-2018 submitted its report on 7th August, 2019 which is already in public domain and can be accessed at www.mca.gov.in.
*****