No takers for Rs 1,717 cr of CSR funds in FY18: Report

There has been a 9% rise in the quantum of unspent money set aside by the NSE-listed companies towards the mandatory social spends in fiscal 2018 at Rs 1,717 crore, even as there has been an 11 % rise total spends at Rs 10,030 crore in the year. Prime Database did not offer any particular reasons for a large quantum of money going unspent, though.

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