A decade on, CSR spend zooms but priority districts get little: Crisil [Yahoo! Finance]
S&P Global Inc. (SPGI)
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Source: Yahoo! Finance
MUMBAI, India March 27, 2026 /PRNewswire/ -- Spending on corporate social responsibility (CSR) in India has grown significantly since it became a legal mandate with the introduction of Section 135 of the Companies Act, 2013. Crisil Limited New Logo Our analysis shows that, over the decade through fiscal 2024, qualifying listed companies collectively spent more than Rs 1.22 lakh crore on various CSR activities. Close to 63% (Rs 77,000 crore) of that was spent over fiscals 2020-2024, reflecting a clear surge in CSR intent and planning by India Inc in recent years. Geographic distribution of the spend, however, remains uneven, with targeted investment in aspirational districts – which face the most developmental challenges – limited relative to overall spend. In fiscal 2024, for instance, of the total 2,020 qualifying companies, only 397 implemented projects in aspirational districts[1] — hardly 20% of the universe. The cumulative CSR spend of these 397 companies towards project
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