It’s brought to light that, between March and May this year, over 350 publicly listed corporations spent over Rs 1,600 crore on corporate social responsibility (CSR) efforts to combat the deadly epidemic, according to CSRBOX.
In response to the second wave, Indian businesses initiated over 750 CSR projects, with 35% of them in Maharashtra, Gujarat, Karnataka, and Uttar Pradesh.
Approximately 57% of CSR activities targeted Covid-infected individuals. However, the study noted a lack of efforts to assist migrants, handicapped, homeless, and slum dwellers. It stated that over 400 business CSR efforts sought to get medical supplies, ventilators, and safety gear like PPE kits.
Corporate India supplied 10,000 Covid wards with over 3,500 ventilators and 140,000 Oxygen Concentrators. Across 17 states, 33 corporations donated over Rs 150 crore to community awareness programs.
The industries with the most efforts were computer/software/IT, power & heavy engineering, oil, drilling lubricants, petrochemicals, cement, and auto. The bulk of efforts come from Maharashtra-based companies, with one-third targeting the state.
Establishing medical oxygen production and storage plants, manufacturing and supplying oxygen concentrators, ventilators, cylinders, etc., are all acceptable CSR operations, according to the MCA in April-May 2021.