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India's CSR Spending Grows, but Poorer States Remain Underserved

India's CSR Spending Grows, but Poorer States Remain Underserved
The charity that skips the poor · financialexpress.com

Companies in India must spend some money on projects that help society.

This money can support schools, healthcare, sanitation, jobs, and villages.

India’s companies spent a record amount overall.

However, much of the money goes to places where many companies already operate.

Poorer states such as Bihar receive much less than wealthier corporate centers such as Maharashtra.

Companies may choose nearby projects because they are easier to manage and monitor.

The article says this can accidentally make regional inequality worse.

It suggests showing exactly where the money goes and what results it produces.

Bihar is presented as a test of whether CSR helps the people who need it most.

Key facts

Record CSR spending
Rs 40,794 crore, according to the latest government data cited.
Bihar allocation
Rs 260.53 crore in 2023-24.
Maharashtra allocation
Rs 6,065.95 crore in 2023-24.
Per-person comparison
About Rs 20 per person in Bihar versus roughly Rs 470 in Maharashtra.
Relative gap
The article describes Maharashtra’s per-person CSR spending as nearly 24 times Bihar’s.
Bihar multidimensional poverty
33.76% in 2019-21, compared with about 14% nationally.
Eligible CSR areas
Education, healthcare, sanitation, livelihood promotion, and rural development.

Sources

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