91Â鶹¹ú²ú¾«Æ·×ÔÅÄ

Indias mandatory CSR initiative, established by the Companies Act of 2013, requires companies of a certain size to spend at least 2% of their average net profits from the previous three years on CSR activities. This pioneering legislation aims to leverage corporate resources and skills to address Indias development challenges. Companies can implement CSR activities directly or through third-party agencies, focusing on 12 approved categories including education, health, and rural development. The initiative has generated substantial funds for human development, with education receiving the largest share of CSR spending. From 2014-2019, the top 100 companies in India generated over US $350 billion in CSR spending. The program has shown promising results, including increased company compliance, improved transparency, and significant investments in education projects such as digital classrooms, career counseling, and teacher training. However, challenges persist, including varying company capacities to implement CSR effectively, lack of government guidance, focus on spending targets over social impact, and unequal distribution of funds across regions.