The Ministry of Corporate Affairs keeping in view of the spread of novel Corona Virus (COVID-19) in India, its declaration as pandemic by the World Health Organization (WHO), and, decision of Government of India to treat this as a notified disaster, have clarified that spending of CSR funds for COVID-19 is eligible for CSR activity.
Funds may be spent for various activities related to COVID-19 under item nos. (i) and (xii) of Schedule VII relating to promotion of health care, including preventive health care and sanitation, and, disaster management. Further, as per General Circular No. 21/2014 dated 18.06.2014, items in Schedule VII are broad based and may be interpreted liberally for this purpose.
[Source: General Circular No. 10/2020 dated 23rd March, 2020]
