Companies CSR expenditure rises 47 per cent in 4 years to FY18: Survey

Companies in India spent Rs 7,536.3 crore on corporate social responsibility (CSR) activities in 2017-18, a 47 per cent rise compared to 2014-15, says a survey.

“This is a significant rise, clearly demonstrating higher expenditure towards CSR activities from the mandated year, 2014,” said the KPMG India CSR Reporting Survey 2018.

The cumulative expenditure by top 100 companies from 2014-15 to 2017-18 is about Rs 26,385 crore, the survey said.

The average amount s ..

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