NEDFi’s Budget Allocation
Average Net Profit of Last three Financial Years: (Rs. In Cr.)
Financial Year | Net Profit |
---|---|
2016-17 | 70.67 |
2017-18 | 83.91 |
2018-19 | 81.43 |
Total | 236.01 |
Average Net Profit | 78.67 |
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:
- 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
- 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.