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The CSR rules make it mandatory to conduct the impact assessment of CSR projects

The CSR rules make it mandatory to conduct the impact assessment of CSR projects

The CSR rules make it mandatory to conduct the impact assessment of CSR projects with a budget of more than 1 Cr and a total CSR expenditure of more than 10 Cr.  Linking it with the SDG indicators identified by the Niti Aayog will pave the way to improving the performance of CSR projects by the companies and also significantly contribute to improving the SDG rating of the nation.

Social

135 million people escaped multidimensional poverty between 2015–2016 and 2019–20212 and 248 million between 2013–2014 and 2022–2023

800 million people benefit from food security provision, expanding access through the Public Distribution System3 and “One Nation One Ration Card”, with 35 million portability transactions monthly.

40 million urban and rural houses constructed.

119.2 million toilets built for improved sanitation.

100 million connections provided for clean cooking fuel.

1.4 million Anganwadi centres are operational with 77 million children under six and 18 million pregnant and lactating mothers.

Over 63.1 million mothers and children vaccinated under Mission Indradhanush.

300 million beneficiaries under health insurance coverage [Ayushman Cards created under Ayushman Bharat Pradhan Mantri Jan Arogya Yojana].

Over 149 million households have tap water connections.

Over 30 million women received maternity benefits and around 40 million received free antenatal check-ups

150,000 Health and Wellness Centres offer primary medical care and provide affordable generic medicines

1.16 million schools, over 156 million students and 5.7 million teachers of government and government-aided schools covered under the Samagra Shiksha Scheme on School Education

3,000 new ITIs, 7 IITs, 16 IIITs, 7 IIMs, 15 AIIMS and 390 universities were set up to promote higher learning11 in the last decade

The schemes for empowerment of PwD, transgender persons and particularly vulnerable tribal groups are operational to ensure that “no one is left behind”

Economic

Over 140 million workers provided livelihood security under the Rural Employment Guarantee Scheme.

430 million loans aggregating to INR 22.5 trillion disbursed to micro-entrepreneurs; 300 million Mudra Yojana loans have been given to women .

Investments in road transport have soared by 500% since 201413 and nearly 33,554 miles of national highways built in the last 10 years.

Urban mobility has seen a boost with a rapidly expanding metro network, reaching over 20 cities and quadrupling in length.

India has also witnessed an improved digital infrastructure with reduced internet data costs by 97% and a nearly 230% increase in internet users,15 with over 820 million internet users in 2024.

PM Jan Dhan Accounts prevented leakages worth INR 2.7 trillion while direct benefit transfers worth INR 34 trillion were distributed.

118 million farmers, including marginal and small farmers benefited from direct financial assistance and 40 million farmers availed of crop insurance.

7.8 million street vendors provided credit assistance.

End-to-end support to artisans and craftspeople engaged in 18 trades.

Electronic National Agriculture Market has integrated 1,361 Mandis and is providing services to 18 million farmers with a trading volume of INR 3 trillion.

The Skill India Mission led to 14 million youth being trained and upskilled and reskilled 5.4 million youth.

22.5 trillion worth of loans sanctioned so far for fulfilling the entrepreneurial aspirations of youth; Fund of Funds, Start-Up India, and Start-Up Credit Guarantee schemes are assisting youth.

Environmental

Reduction in emission intensity vis-à-vis the country’s gross domestic product (GDP) by 33% between 2005 and 2019, thus achieving the initial nationally determined contribution (NDC) target for 2030, 11 years ahead of the scheduled time.

Achieved 40% of electric installed capacity through non-fossil fuel sources, 9 years ahead of the target for 2030; Between 2017 and 2023, India has added around 100 GW of installed electric capacity, of which around 80% is attributed to non-fossil fuel-based resources.

Solar Power Capacity increased from 2.82 GW to 73.32 GW in the past decade.

Committed to green finance – the government raised about INR 160 billion through sovereign green bonds during the financial year (FY) 2023.

Dinesh Agrawal

CSR, Sustainability, ESG (Views expressed are personal only)

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