Suyog S Kabra
According to estimates given by E&Y ,the new regulation of CSR will cover 3,000 companies and result in about more than $2 billion expenditure on social initiative in India. While Government estimated expenditure under social service head for 2014-15,which include health, education etc amount to $4.10 billion alone while estimated CSR spending of $2 billion itself indicate that CSR becoming strong catalyst in India’s social upliftment process.
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