New Delhi: Derek O’Brien, Trinamool Congress party’s Rajya Sabha MP, has demanded that companies should be allowed to contribute CSR money to Chief Minister Relief Fund also.
The issue figured in the Rajya Sabha during the morning session on July 25, 2018.
The Schedule VII of the Companies Act, 2013 contains the activities which may be included by companies in their CSR Policies.
As per the Schedule, companies can contribute “to the Prime Minister’s National Relief Fund or any other fund set up by the Central Government or the State Governments for socio-economic development and relief and funds for the welfare of the Scheduled Castes, the Scheduled Tribes, other backward classes, minorities and women”.
Seeking to draw the attention of the Prime Minister and the Commerce and Industry Minister, Brien said CSR fund cannot be given to any of the Chief Minister’s Relief Fund.
Pointing out a “lacuna” in the law, he said: “If companies for good reasons, either to contain malaria or for immunisation or health schemes or skills, can donate to the PM’s Relief Fund, why not to the 29 Chief
Ministers’ Relief fund? That was the Bill which we passed”.
The Rajya Sabha MP also informed that West Bengal Chief Minister Mamata Banerjee has written a letter in this regard to Prime Minister Narendra Modi.
House Chairman M Venkaiaha Naidu said the bill was passed by the Parliament.