Tag: pandemic

Many companies were hit hard during the Covid years, registering a decline in profit and many recording losses. This resulted in reducing the number of companies which spent on CSR (corporate social responsibility) initiatives between 2019-20 to 2021-22. However, the amount spend on these activities was over 20 per cent higher in this period. Large companies such as RIL, HDFC Bank and TCS which remained resilient during the pandemic years have helped boost the spends.A businessline analysis of the data from the National CSR Data Portal shows that...