Case Story

CSR Rules under Section 135 of the Companies Act 2013: a strategic step by the Indian Govt. to mainstream sustainable development. Companies with a turnover of USD 143 million(INR 1000 Cr) or net profit of USD 0.7 million(INR 5 Cr) : mandated to spend 2 percent net profits on CSR in India. Rules outline priority areas which encompass SDG principles and India’s commitment to leave no one behind. Companies can undertake activities through a registered trust or society or a Section 8 company. Estimated total pool of funds Annually = USD 3 billion (INR 23000 Cr) if all profit-making companies donate 2%