Slums find few takers for CSR programmes3 min read 17 Oct 2017, 12:11 AM IST
Slum development drew just Rs9.78 crore in CSR spend in FY17 due to uncertainty over the legal status
New Delhi: Although fiscal year 2017 (FY17) saw the top 10 companies by corporate social responsibility (CSR) spending contribute almost half the money that went towards CSR programmes, none devoted any funds to slum development initiatives. That’s because question marks linger over the legal status of slums. The top 10 accounted for Rs3,360.48 crore of the Rs6,809.91 crore earmarked for CSR initiatives in the year ended March.
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