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Are CSR funds in education being used smartly?

Jan 21 2017,New Delhi: The latest Annual Status of Education Report (ASER) published on Wednesday highlights the “pretty disappointing” overall learning levels in schools across India. Yet, the funds coming to education, especially from corporate social responsibility (CSR) budgets, are on the rise.

In FY16, education received the highest amount of CSR funding among all social development activities allowed under CSR Rules. According to Prime Database, a capital market data provider, 920 National Stock Exchange-listed companies together spent Rs2,042 crore on education, up from …..

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Source:www.livemint.com