Ambit of corporate social responsibility spending widened in scope2 min read 20 Sep 2019, 11:33 PM IST
CSR funds can now be spent on incubators funded by the Centre or state or any state-owned entity
This is expected to attract more funds on research and development in India
Union finance and corporate affairs minister Nirmala Sitharaman on Friday said the Centre has decided to expand the scope of corporate spending under the corporate social responsibility (CSR) norms.
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