Spending on Har Ghar Tiranga campaign declared CSR activity under Companies Act

Corporate Affairs Ministry has said that companies can spend their Corporate Social Responsibility CSR  funds for activities related to the Har Ghar Tiranga campaign. In a circular, the Ministry said spending of CSR funds for the activities related to this campaign such as mass scale production and supply of the national flag, outreach and amplification efforts and other related activities are eligible CSR activities under Schedule VII of the Companies Act pertaining to promotion of education relating to culture. 

The circular also said that companies can undertake these



activities subject to fulfilling the Companies (CSR Policy) Rules, 2014 and related circulars or clarifications issued by the Ministry.

Under the Companies Act, 2013, certain class of profitable companies are required to shell out at least two per cent of their three-year annual average net profit towards CSR activities. Har Ghar Tiranga campaign is being organised by the Government as part of the Azadi Ka Amrit Mahotsav to encourage people to bring home the national flag and hoist it to mark the 75th year of India's independence.