north-eastern-development-finance-corporaion

NEDFi’s Budget Allocation

Average Net Profit of Last three Financial Years: (Rs. In Cr.)

Financial YearNet Profit
2016-1770.67
2017-1883.91
2018-1981.43
Total236.01
Average Net Profit78.67

CSR Budget allocation for the FY 2019-20                   : Rs. 186.00 Lakhs

CSR Expenditure made during FY 2019-20                 : Rs. 186.09  Lakhs.

Details of CSR spent during the FY 2015-16:

  1. Total minimum amount to be spent in the financial year: Rs. 157.34 lakh i.e 2% of average Net Profit of last three financial years
  2. Manner in which the amount spent during the financial year is detailed below;
     
    Sl. No. Head of expenditure Expenditure (In Lakh) 1 Capacity Building Training Programs on crafts and other vocational skills 19.21 2 Marketing Assistance Facilitating participation in various local, national and international exhibitions 62.18 3 NEDFi Haat Renovation of the building and creation of infrastructure  for market linkage 104.70 Total 186.09   Responsibility Statement: It is ensured that, implementation and monitoring of CSR activity is in compliance with CSR objectives, policy of the company.