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India Inc’s CSR Spending Rises 22%, Bulk Of It On Education, Health

In absolute terms, the total money spent rose by Rs 2,500 crore to Rs 8,300 crore in fiscal 2016. Another Rs 1,835 crore needed to be spent for the average to achieve the mandated 2%. Of this, as much as Rs 5,300 crore – or Rs 1,175 crore more than fiscal 2015 — were spent on CSR activities linked to education, skills development, healthcare and sanitation, which are also the government’s priority areas