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The Ministry of Corporate Affairs has issued a clarification on thespending of CSR funds for Awareness and public outreach on COVID-19 Vaccination programme. Read the official announcement below: General Circular No. 01/2021 E-file no. CSR-10/9/2020-CSR-MCA Government of India Ministry of Co
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FAQ :
The Ministry of Corporate Affairs has clarified that CSR funds can be spent on awareness and public outreach campaigns for the COVID-19 Vaccination programme.
Yes, spending CSR funds for awareness campaigns or public outreach on the COVID-19 Vaccination programme is an eligible CSR activity.
These activities are eligible under item numbers (i), (ii), and (iii) of Schedule VII of the Companies Act, 2013, which relate to the promotion of healthcare, education, and disaster management.
Companies must fulfil the requirements of the Companies (CSR Policy) Rules, 2014, and adhere to any circulars related to CSR issued by the Ministry of Corporate Affairs.
Yes, in General Circular No. 10/2020 dated 23.03.2020, the MCA had clarified that spending CSR funds for COVID-19 in general is an eligible CSR activity.
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