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Spending funds for setting up makeshift hospitals, temporary COVID care facilities eligible CSR activity: Govt

By Moneycontrol

April 23, 2021

Spending funds for setting up makeshift hospitals, temporary COVID care facilities eligible CSR activity: Govt

The Ministry of Corporate Affairs (MCA) clarified on April 22 that spending of Corporate Social Responsibility (CSR) funds for “setting up makeshift hospitals and temporary COVID care facilities” is an eligible CSR activity.

"The companies may undertake the aforesaid activities in consultation with state governments subject to fulfillment of Companies (CSR) Rules, 2014 and the circulars related to CSR issues by this Ministry from time to time," the MCA order stated.

On January 22 this year, the MCA had issued an order clarifying that spending CSR funds on awareness campaigns and public outreach programmes to promote vaccination against COVID-19 would also be considered as an eligible CSR activity.

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