A STUDY ON THE CSR SPENDING BY THE LEADING COMPANIES IN INDIA AFTER THE NEW COMPANIES ACT
Corporate Social responsibility means doing social welfare voluntarily by companies. It includes charitable and philanthropic activities. India has a long tradition of CSR activities amongst poor people. This descriptive paper examines the compliance of the provisions for CSR activities in the companies Act 2013 by the Indian companies. This paper also seeks to explore the thematic pattern of CSR spending by the Indian companies. This study found that almost all big companies have spent more than 2% of the average profit of previous three years as per companies Act. It also found that big companies have given more thrust on education and healthcare. More and more projects should be taken on environment, rural and community development, promotion of sports, protection of heritage, art and culture to ensure overall growth of an economy.