Akash Am­bani, Di­rec­tor of Re­liance Jio

Business Sphere - - CONTENTS -

In­dia, has a per capita in­come of Rs 2.3 lakh as on March 31, 2017. The only ex­cep­tion in the top ten list is Korba district in Ch­hat­tis­garh, which has re­ceived Rs 273 crore of CSR fund­ing dur­ing the same pe­riod. Korba district has been re­cently iden­ti­fied as a back­ward district by Niti Aayog un­der their ‘As­pi­ra­tional Dis­tricts Pro­gramme’. The gov­ern­ment think-tank has re­cently re­leased a list of 101 back­wards dis­tricts un­der the same pro­gramme. Bar­ring few, th­ese dis­tricts got the least at­ten­tion from In­dian cor­po­rates while al­lo­cat­ing funds un­der CSR. In all, th­ese 101 dis­tricts re­ceived only Rs 763 crore of CSR fund­ing between 2014-15 and 2016-17, which is less than the CSR fund­ing re­vived by the top two dis­tricts – Pune and Mum­bai City district have to­gether re­ceived. See the list of top ten dis­tricts be­low: District : Cr. Ru­pees Pune : 444 Mum­bai City : 414 Ban­ga­lore Ru­ral : 347 Ahmed­abad : 357 Korba : 273 Chen­nai : 272 Kolkata : 252 Vel­lore : 219 Ban­ga­lore Ur­ban : 191 CSR funds al­lo­cated (FY15 – FY17), Rs. crore Source: Na­tional CSR Min­istry of Cor­po­rate Af­fairs More­over, this amount is also spiked by three dis­tricts – Korba (Ch­hat­tis­garh), Sin­grauli (Mad­hya Pradesh) and Au­rangabad (Bi­har). Th­ese dis­tricts, de­spite fall­ing un­der the back­ward-class, have re­ceived a sub­stan­tial amount from the CSR Por­tal, spend­ing by In­dian cor­po­rates. Apart from th­ese, the other back­ward dis­tricts in the list have ei­ther re­ceived neg­li­gi­ble or no CSR spend­ing. Around 44 dis­tricts on the list have never caught the at­ten­tion of the cor­po­rates, when it comes to CSR spend­ing. Jhark­hand has 19 dis­tricts in the list of back­ward dis­tricts, but none of th­ese dis­tricts have ever re­ceived any fund from In­dian cor­po­rates un­der CSR. Sim­i­larly, Ut­tar Pradesh which has eight dis­tricts iden­ti­fied as back­ward, out of which six dis­tricts never got any share of the CSR fund­ing al­lo­cated by the cor­po­rates. Bi­har has 13 back­ward dis­tricts and ex­cept Au­rangabad, which has re­ceived Rs 101 crore from CSR fund­ing so far, rest oth­ers have re­ceived only Rs 20 crore so far from the CSR pool.

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