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Funding tech incubators can qualify as CSR spend

  • Posted byBSE Sammaan
  • AtApr 18, 2019
  • LocationNew Delhi, Delhi, India

The government panel on CSR is likely to suggest tweaks to the CSR framework to allow funding to all incubators to be counted towards CSR spend, a government official privy to the deliberations said.

NEW DELHI: India Inc looking to lend a helping hand to the startup ecosystem will soon be able to use its corporate social responsibility corpus for the same. The government panel on corporate social responsibility (CSR) is likely to suggest tweaks to the CSR framework to allow funding to all incubators to be counted towards CSR spend, a government official privy to the deliberations said.