Appreciating that companies have spent about Rs 13,000 crore in 2018 under Corporate Social Responsibility (CSR), she said, this is very relevant for the development of the hinterland.
“We find a significant presence of CSR in states like Maharashtra, Gujarat, Karnataka, Tamil Nadu, Andhra Pradesh and Delhi… states like Chattisgarh, Odisha, Jharkhand and Bihar also require such support from CSR. Not to forget all the eight states of North East region,” the finance minister said on the occasion of First National CSR Awards here.
The recognition has been given to wealth creators not just for wealth creation but to give back to the community in the name of CSR, she said, adding that giving back to community from the justified profit is the spirit of the CSR, which has gained a lot of traction.
