Steep dip in CSR allocation for B'luru

KARNATAKA received a total of Rs 8,900 crore in Corporate Social Responsibility (CSR) funds over the past five years, of which Rs 2,542 crore, nearly 29%, was concentrated in just five districts: Bengaluru Urban, Bengaluru Rural, Ballari, Mysuru, and Dakshina Kannada.

- VINCENT D'SOUZA @ Mangaluru

However, Bengaluru Urban has seen a steep drop in CSR spending. After peaking at an astonishing Rs 1,074.13 crore in FY 2021-22, contributions to the city plummeted to a mere Rs 2.98 crore in FY 2023-24. The state's CSR contributions have grown steadily since FY 2019-20, when the total spending stood at Rs 1,448.16 crore and reached a new high of Rs 2,254.88 crore in FY 2023-24, according to data shared by the Ministry of Corporate Affairs in Lok Sabha in response to a question by Dakshina Kannada MP Capt Brijesh Chowta.