Bhubaneswar: At the same time as Odisha claims of drawing precise personal funding to the tune Rs 47,434 crore in 2019, the blooper for the State is the quantity spent beneath CSR in the identical interval had been the bottom ever since inception.
As per the info out there with the Ministry of Company Affairs, the quantity spent beneath CSR (Company Social Duty) in Odisha within the yr 2019-20 stood at Rs 215 crore, which is the bottom ever since 2014-15 (the yr of inception).
The State had obtained the best CSR fund price Rs 682 crore in 2018-19. Apparently, the precise personal funding to the State in that yr stood at mere Rs 3,808 crore.
The nagging reality for the State is the CSR fund promised in 2019-20 is decrease than Rs 252 crore spent within the inception yr of 2014-15.
THE SILVER LINING
Nevertheless, the silver lining for the State is many aspirational districts have seen good pumping of CSR funds.
As per the info out there, whereas Angul, a developed and industrial district, topped the State by netting in CSR fund totalling Rs 35.44 crore, Koraput, a backward district obtained the second-highest quantity totalling Rs 30 crore.
Aside from Nuapada, all of the aspirational districts within the KBK area had obtained CSR fund price over Rs 2 crore.
THE ZERO DISTRICTS
As many as three districts – Keonjhar, Deogarh and Boudh – have drawn a clean in CSR fund influx.
What comes as very stunning is when Keonjhar has been the cradle of mines within the State, the district couldn’t get a single rupee from the CSR fund. As per the newest knowledge, Keonjhar has a excessive of 31 giant and medium industries in 2019-20.
RAYAGADA VS KEONJHAR
The backward district of Rayagada is wealthy in bauxite and limestone mines; whereas Keonjhar is wealthy in mines starting from iron, manganese to chromite and many others.
The district of Rayagada has in 2019-20 solely 4 medium and enormous models as in opposition to Keonjhar’s huge 31.
However with regards to CSR quantity spent in 2019-20, Rayagada district obtained an quantity of Rs 4.6 crore.
THE CSR ACT 2014
As per the Company Social Duty (CSR) Act 2014, an organization recording web revenue for 3 consecutive years have to contribute 2 per cent of their web revenue for CSR actions within the district or space the place they function.
The CSR tasks shall be determined by a committee headed by the Chief Secretary of Odisha. The CS led committee will biennially overview the progress made in CSR fund influx and their utilisation.
As per sources, Chief Secretary Suresh Mahapatra will quickly take a overview assembly on the progress of CSR tasks and fund utilisation. And civil societies working in Keonjhar hope that the assembly will deal with the explanations behind zero fund circulate to the district in 2019-20.