With the recent amendments to CSR rules, a gruesome second coronavirus wave and reduced corporate performance due to the pandemic, social responsibility spend for companies is not going to be the same this fiscal
CSR expenditure on education reduced from Rs5,718 crore in FY19 to Rs5,244 in FY20. The pandemic has affected company profitability, which in turn has impacted overall CSR giving. Representative image of the RG Halli government school in Bengaluru
; Image: Selvaprakash Lakshmanan