NOW , COMPANIES IN INDIA CAN SPEND THEIR 2% CSR FUNDS TOWARDS KERALA FLOOD REHABILIATION – SAYS PMO OFFICE
REPLY SENT TO ME FROM PRIME MINISTER’S OFFICE AS REGARDS TO SPENDING CSR AMOUNT BY COMPANIES IN INDIA TOWARDS KERALA RECENT FLOOD HAVOC .
REPLY GIVEN BY SHRI VEDANT OJHA, ASSISTANT DIRECTO , PMOs Office to ME.
The annexure to General Circular no. 21/2014 dated 18.06.2014 gives clarification for undertaking disaster relief as eligible CSR activities. Companies can undertake CSR activities on its own or through trust/society/Section 8 Companies as has been mentioned in Companies (CSR Policy) Rules, 2014.