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The Times of India
The Times of India
National
U Sudhakar Reddy | TNN

Zero CSR funds spent in five backward districts of Telangana

HYDERABAD: Zero corporate social responsibility funds (CSR) were spent in five backward districts of Telangana in 2020-21. As per the CSR data portal of the ministry of corporate affairs (MCA), a total of Rs 343 crore was spent in the last fiscal year in entire Telangana.

Dr Reddy’s, GMR International and ICICI Prudential are some of the biggest CSR spenders in Telangana. An analysis has revealed that education, healthcare, poverty, eradicating hunger and malnutrition are the key areas where CSR funds were spent. Since 2017, the lowest spent was in the last fiscal year, hit by the pandemic.

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