Reference
India’s CSR in numbers: where the money goes
Companies spent ₹34,908.75 crore on CSR in 2023-24, the latest official figure. Here is the money by year, sector and state, each figure with its source and date, and what the data can and can’t tell you.
At a glance9 min read
- Companies spent ₹34,908.75 crore on CSR in 2023-24, according to government figures released on 10 February 2026: about 3.5 times the 2014-15 total.
- Education (34.8%) and health care (20.5%) took more than half of the money in 2023-24, according to MCA data tabled in Parliament in March 2026.
- The ten states that received the most got about 61% of the national total in 2023-24, and Maharashtra alone 17.4%, according to Fulcrum’s analysis of MCA data.
- Fulcrum puts 2024-25 spending at ₹40,794 crore by 29,546 companies, but no official figure for that year had been published by October 2026.
- CSR figures are revised as late filings arrive, so always quote a figure with its source and the date it was reported.
On this page
Indian companies spent ₹34,908.75 crore on corporate social responsibility (CSR) in 2023-24, the most recent year with an official national figure (Press Information Bureau, 10 February 2026). That is about 3.5 times the ₹10,065.93 crore spent in 2014-15, the first year of the CSR law, and education and health care took more than half of it.
This page brings together the main figures: spending by year, the number of companies, the biggest sectors, the states that get the most and least, and the split between public sector and private companies. Every figure comes with its source and the date it was reported, because CSR data changes after it is first published. It’s for CSR teams benchmarking their work, NGOs researching where money goes, journalists and students.
CSR spending by year, 2014-15 to 2024-25
| Financial year | CSR spent (₹ crore) | Source (date reported) |
|---|---|---|
| 2014-15 | 10,065.93 | MCA figures, as reported by India CSR (June 2026) |
| 2015-16 | 14,517 | Fulcrum, from MCA data (June 2025) |
| 2016-17 | 14,542 | Fulcrum, from MCA data (June 2025) |
| 2017-18 | 17,098 | Fulcrum, from MCA data (June 2025) |
| 2018-19 | 20,217 | Fulcrum, from MCA data (June 2025) |
| 2019-20 | 24,965.82 | PIB (10 February 2026) |
| 2020-21 | 26,210.95 | PIB (10 February 2026) |
| 2021-22 | 27,141.45 | PIB (10 February 2026) |
| 2022-23 | 30,932.08 | PIB (10 February 2026) |
| 2023-24 | 34,908.75 | PIB (10 February 2026) |
| 2024-25 | 40,794 (not official) | Fulcrum, reported by India CSR (18 July 2026) |
PIB is the Press Information Bureau, which publishes government press releases, including answers given in Parliament. Fulcrum is a consultancy that analyses MCA filings; its figures are useful but aren’t official.
What the totals add up to:
- Five years, 2019-20 to 2023-24: ₹1,44,159 crore (PIB, 10 February 2026).
- Ten years, 2014-15 to 2023-24: about ₹2.21 lakh crore (Fulcrum, June 2025). Including Fulcrum’s 2024-25 estimate, about ₹2.61 lakh crore.
- Growth: from ₹10,065.93 crore in 2014-15 to ₹34,908.75 crore in 2023-24 is an increase of about 3.5 times, or about 247%. Spending rose 12.9% in 2023-24 over 2022-23, and Fulcrum’s 2024-25 figure would be a rise of about 17%.
How many companies spend
In 2023-24, 27,188 companies spent money on CSR (Fulcrum, June 2025, from MCA data), up from 16,548 in 2014-15 (MCA figures, as reported by India CSR, June 2026). Fulcrum counts 29,546 for 2024-25. The ₹5 crore net profit test brings in many mid-sized companies, which is why the number is so large; see which companies must spend on CSR. Those companies ran 59,634 projects in 2023-24 and 72,233 in 2024-25, according to Fulcrum.
Where the money goes: the biggest sectors
The MCA’s figures for 2023-24, from data filed up to 31 March 2025 and tabled in the Rajya Sabha (PIB, 25 March 2026), rank the “development sectors” like this. Shares are of the ₹34,908.75 crore total.
| Development sector | ₹ crore, 2023-24 | Share |
|---|---|---|
| Education | 12,134.57 | 34.8% |
| Health care | 7,150.87 | 20.5% |
| Environmental sustainability | 2,429.97 | 7.0% |
| Rural development projects | 2,408.09 | 6.9% |
| Livelihood enhancement projects | 2,360.09 | 6.8% |
| Vocational skills | 1,396.55 | 4.0% |
| Poverty, eradicating hunger, malnutrition | 1,233.93 | 3.5% |
| Art and culture | 704.04 | 2.0% |
| Training to promote sports | 692.09 | 2.0% |
| Prime Minister’s National Relief Fund | 589.61 | 1.7% |
Three things stand out:
- Education and health care together took 55.2%.
- The mix has shifted since the COVID-19 years. In 2021-22, health care was the largest sector at 29.7% (₹8,049.49 crore) and education took 24.8% (₹6,719.89 crore). By 2023-24 education was well ahead.
- Little goes to funds. Contributions to the PM’s National Relief Fund, the Swachh Bharat Kosh (₹140.12 crore), the Clean Ganga Fund (₹62.96 crore) and “Other Central Government Funds” (₹208.14 crore) came to about ₹1,000.83 crore in 2023-24, or 2.9% of the total.
Fulcrum’s analysis of 2024-25 (reported by India CSR, 18 July 2026) shows the same pattern: education, excluding special education, ₹13,877 crore (34%); health care ₹8,531 crore (21%); environmental sustainability ₹3,397 crore (8%); livelihoods ₹2,548 crore (6%); rural development ₹2,477 crore (6%); and about ₹943 crore (2%) to government funds.
The sectors are the portal’s reporting categories, not the 13 items of Schedule VII, the legal list of what CSR can fund. See Schedule VII at a glance.
Which states get the most, and the least
These figures are Fulcrum’s, from MCA data, for 2023-24 (June 2025). Shares are of the national ₹34,909 crore.
| State | ₹ crore, 2023-24 | Share |
|---|---|---|
| Maharashtra | 6,066 | 17.4% |
| Gujarat | 2,708 | 7.8% |
| Karnataka | 2,255 | 6.5% |
| Tamil Nadu | 1,969 | 5.6% |
| Delhi | 1,950 | 5.6% |
| Uttar Pradesh | 1,545 | 4.4% |
| Odisha | 1,389 | 4.0% |
| Rajasthan | 1,146 | 3.3% |
| Andhra Pradesh | 1,130 | 3.2% |
| Telangana | 1,055 | 3.0% |
- The money is concentrated. The top three states received 31.6% of the total, the top five 42.8%, and the top ten ₹21,213 crore, or about 61%.
- Maharashtra leads. It has usually ranked first over the past ten years, with Gujarat and Karnataka alternating in second place. In 2023-24, 6,499 companies spent CSR money there, 37% of it on education and 30% on health (Fulcrum).
- The smallest states get least. Lakshadweep, the Andaman and Nicobar Islands, Mizoram, Tripura, Nagaland and other smaller states and union territories consistently receive the least (Fulcrum).
- 2024-25 so far: Fulcrum’s figures show Maharashtra receiving ₹8,631 crore, about 21% of the total, and Gujarat’s receipts growing 68%, the fastest of any state (India CSR, 18 July 2026).
Some spending is recorded as “PAN India” rather than in any one state, so state figures add up to less than the national total.
Public sector and private companies
Public sector companies are a small share of CSR spenders. In 2023-24, 374 public sector companies spent ₹4,773 crore, and 26,814 other companies spent ₹30,136 crore (Fulcrum, June 2025). That puts the public sector at about 14% of the money, from about 1.4% of the companies.
How the money is spent
- Through implementing agencies. About 60% of CSR spending went through implementing agencies, such as NGOs and company foundations, according to the MCA’s analysis of filings (PIB, 29 November 2021). We found no later official figure.
- In aspirational districts, the districts the government has picked for faster progress on development: ₹651.43 crore in 2020-21, ₹1,046.43 crore in 2021-22 and ₹1,402.89 crore in 2022-23, on data up to 31 March 2024 (PIB, 16 December 2024). Companies that want to align with government priorities can read CSR and government schemes.
What the data can and can’t tell you
- Totals rise after publication. For 2019-20, the government reported ₹21,231 crore spent by 21,349 companies in July 2021, on data up to 31 March 2021; ₹24,688.66 crore in November 2021; and ₹24,965.82 crore in February 2026, about 18% more than the first figure. Fulcrum warns that its own reports can differ by 2 to 4% for the same reason.
- There is a lag. A year’s figures appear only after companies file their accounts and Form CSR-2, roughly a year after it ends. In October 2026, 2024-25 is the newest year with any national figures, and only from analysts.
- Rows don’t always add up. The 2021-22 sector figures add to ₹27,159.45 crore against a stated total of ₹27,141.45 crore. Quote the stated totals.
- Definitions differ. Analysts such as Fulcrum include transfers to government funds in their totals. Check what a figure includes before comparing it with another.
- It measures money, not results. The data shows what was spent, where and on which sector. It says nothing about what changed for the people the money was meant to help. For that, see impact assessment under the CSR rules.
Where to find the data yourself
- The National CSR Portal (csr.gov.in), run by the MCA, holds the data companies file on CSR: state-wise, year-wise, company-wise and project-wise, as the government described it to Parliament in February 2026.
- The MCA’s Corporate Data Management pages also publish CSR data. In October 2026 they said they held data for 2024-25, behind a security check.
- PIB releases carry the government’s answers to questions in Parliament, the source of most of the official figures on this page.
- Company reports. Each covered company’s annual report on CSR, its website (policy, committee and approved projects) and, for the largest listed companies, its Business Responsibility and Sustainability Report (BRSR) show what it funds and where.
For NGOs, these sources are the starting point for finding companies that fund your kind of work in your area; our guide to finding the right CSR partner shows how to use them.
Questions people ask
- How much do Indian companies spend on CSR?
₹34,908.75 crore in 2023-24, the latest year with an official national figure, according to the Press Information Bureau (10 February 2026). The consultancy Fulcrum’s analysis of MCA filings puts 2024-25 at ₹40,794 crore, but that figure isn’t official.
- Which sector gets the most CSR money in India?
Education. In 2023-24 it received ₹12,134.57 crore, 34.8% of all CSR spending, followed by health care at ₹7,150.87 crore (20.5%), according to MCA data tabled in Parliament in March 2026. In 2021-22, during the COVID-19 period, health care was the largest sector.
- Which state receives the most CSR funds?
Maharashtra. It received ₹6,066 crore in 2023-24, about 17.4% of the national total, according to Fulcrum’s analysis of MCA data (June 2025), and it has usually ranked first over the past ten years. Gujarat and Karnataka came next.
- How many companies spend on CSR in India?
27,188 companies spent on CSR in 2023-24, according to Fulcrum’s analysis of MCA data (June 2025), up from 16,548 in 2014-15. Fulcrum counts 29,546 for 2024-25.
- Why do CSR spending figures for the same year differ?
Because companies file late or correct their filings, so totals for past years keep rising after they are first published. The government’s figure for 2019-20, for example, rose from ₹21,231 crore in July 2021 to ₹24,965.82 crore in February 2026. Always give a figure’s source and the date it was reported.
Sources
- CSR spending, 2019-20 to 2023-24 (press release, 10 February 2026) · Press Information Bureau
- Sector-wise CSR spending, 2021-22 to 2023-24 (press release, 25 March 2026) · Press Information Bureau
- CSR spending and implementing agencies (press release, 29 November 2021) · Press Information Bureau
- National CSR Portal: CSR data · Ministry of Corporate Affairs
- Bharat CSR Performance Report 2025 (2023-24 data) · Fulcrum
- India's CSR hits a record in 2024-25 (18 July 2026) · India CSR
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