Mizoram is a border state in the north-eastern part of India, which is known for its evergreen hills and dense bamboo Jungles. Known as the land of Blue mountains, three-fourth of the state is under forest cover. The majority of population in the state falls under Scheduled Tribe category, making it very important to preserve their culture and support their development.
Despite being deserving to CSR investments, Mizoram is one of the least favoured destinations for corporate philanthropic activities in India. Mizoram Chief Minister Lalduhoma recently said the state receives one of the lowest shares of Corporate Social Responsibility (CSR) funds from companies in the country. He attributed the low inflow of funds to the limited number of registered CSR implementing agencies in the state.
“Even though there are numerous companies operating in India and are obligated under law to implement Corporate Social Responsibility (CSR) initiatives, Mizoram continues to receive one of the lowest shares of CSR funds in the country,” the chief minister said while addressing the valedictory function of a three-day capacity building workshop for NGOs and implementing agencies in Aizawl.
In FY 2023-24, Mizoram received Rs 4.48 Cr. in CSR funds from 15 companies. The top three CSR spenders in the state were REC Limited that spent Rs 1.52 Cr., Coal India Limited with a spending of Rs 0.7 crore, and HDFC Bank Limited with a total spending of Rs 0.6 crore. The areas of focus of CSR initiatives were Health, Environment, Education and Rural Development.