The Companies Act was amended in 2014 to make Corporate Social Responsibility (CSR) mandatory in India.

The Companies Act was amended in 2014 to make Corporate Social Responsibility (CSR) mandatory in India for companies who go beyond a certain financial threshold.  The fine elements and broad contours of CSR has been detailed in Companies Act, 2013. The Ministry of Corporate Affairs notified Section 135 and Schedule VII of the Companies Act as well as the provisions of the Companies (Corporate Social Responsibility Policy) Rules, 2014 (CSR Rules) which came into effect from 1 April 2014. The very purpose of the CSR provisions is to make corporates use their corporate innovations and managerial skills in the delivery of “public goods.” Click the link to access the copy the Act: