New Delhi, Feb 11: Indian companies have poured over ₹1,44,159 crore into Corporate Social Responsibility (CSR) initiatives across five financial years from 2019-20 to 2023-24, according to government figures released in Parliament.
Minister of State for Corporate Affairs Harsh Malhotra shared this milestone in a written reply to the Rajya Sabha, highlighting the growing commitment of the corporate sector to social causes. All details on CSR spending—broken down by state, year, company, and project—are publicly accessible on the MCA21 registry portal.
“Planning, implementation, and monitoring of CSR activities remain the board’s responsibility,” Malhotra emphasized. Under the Companies (CSR Policy) Rules, 2014, firms with an average CSR obligation exceeding ₹10 crore over three consecutive years must conduct impact assessments for projects costing ₹1 crore or more, completed at least a year prior. These evaluations are handled by independent agencies.
The minister also unveiled impressive stats from the MCA21 portal: 3.84 crore filings processed between 2021 and 2025. Of these, 3.33 crore were auto-approved, 40.8 lakh cleared by Registrars of Companies and Regional Directors, while 8.3 lakh were rejected.
To streamline business operations, enhance compliance, and boost transparency, MCA launched MCA21 V3. This upgraded platform features web filing, LLP and company modules, e-enforcement, e-adjudication, e-consultation, and an e-book learning management system.
A dedicated help desk addresses user grievances, resolving 98% of 3,16,877 tickets logged by January 31, 2026, in FY 2025-26. Complaints ranged from technical glitches to procedural queries and suggestions.
“MCA21 handles millions of online forms annually, so continuous improvements are key,” Malhotra noted. This digital push underscores India’s evolving corporate governance landscape, balancing profit with purpose for sustainable national development.