Corporate Social Responsibility

  • Uttar Pradesh realizes the power of partnerships and the importance of Corporates / Individuals in achieving our vision for sustainable prosperity for the people of the State for which Corporate Social Responsibility (CSR) plays a vital role.

    • “As per the section 135 of Companies Act- 2013, the companies having Net worth of INR 500 crore or more; or Turnover of INR 1,000 crore or more; or Net Profit of INR 5 crore or more during any financial year, shall be required to spend 2% of its average net profit in activities stated in Schedule- VII.”
  • The State has the impact created through CSR initiatives could be humongous if they are customized to meet the specific needs of the state. To begin with, we have identified 3-thrust areas that are of utmost importance for the holistic development of the State, namely, Swachh Bharat Mission, Development of Infrastructural Facilities at Tourism spots & upliftment of Sanskrit Vidyalaya.

Swachh Bharat Mission (Panchyati Raj Department)

Swachh Bharat Mission (Rural) aims to achieve a clean and Open Defecation Free (ODF) India.

Government is ensuring presence of sufficient number of toilets in the households of rural area

Toilets at a unit cost of INR 12,000/- are being constructed in all the villages of Uttar Pradesh.

Upliftment of Sanskrit Vidyalaya (Department of Secondary Education)

  • Hon’ble Chief Minister of Uttar Pradesh has a strong vision to promote Sanskrit language, Government is working towards developing the educational infrastructure across the State.
  • The projects under this category include construction of classrooms, purchase of computers, construction of hostel rooms, furniture, solar lights, construction of toilets, etc. in the Sanskrit Vidyalayas situated across the state.

Development of Infrastructural Facilities at Tourism Spots (Department of Tourism)

To tap the infinite possibilities in Tourism sector, strategic & organized initiatives are needed to make UP a major tourist attraction.

A vision to keep tourist sites/monuments in their original state along with providing ease of access facilities to the visitors, contribution in the projects like setting up of drinking water units, solar light, putting up signage, renovation of Ghats, renovation of surrounding parks, tourist sheds, bio toilets, renovation of heritage buildings etc.

Companies Eligibility for CSR

CSR Criteria as per the Section 135 of the Companies Act 2013:

  • Every company having net worth of INR 500 crore or more, or turnover of INR 1000 crore or more or a net profit of INR 5 crore or more during any financial year shall constitute a Corporate Social Responsibility Committee of the Board.

CSR Committee provision:

  • With more than 3 directors out of which at least 1 director shall be independent director.

CSR expenditure limit:

  • Company to spend, in every financial year, at least 2% of the average net profits of the company made during the three immediately preceding financial years, in pursuance of its Corporate Social Responsibility Policy

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