• HDFC Bank Limited invested ₹2,465.02 Cr in Rural Development Projects, making up 61% of its total CSR spending in this area. Spending has been consistent and steadily increasing from 2014-15 to 2020-21, but dipped slightly in 2021-22 and 2022-23, indicating a sustained long-term commitment with some recent tapering off.

• ICICI Bank Limited contributed ₹723.92 Cr to Rural Development, representing 39% of its CSR budget. The highest spending occurred between 2014-17, but funding dropped sharply from 2018-19 onward, suggesting an initial priority on rural projects, later shifting toward other CSR areas.

• NMDC Limited spent ₹314.72 Cr on Rural Development, making up 19% of its CSR outlay. Spending has been inconsistent, with gaps in 2014-15 and 2021-22, indicating a non-continuous and possibly reactive approach to rural development funding.

• NTPC Limited allocated ₹290.71 Cr to Rural Development, which is 10% of its total CSR expenditure. Contributions have been small and fluctuating over the years, implying that rural development is a lower priority compared to other focus areas.

• Oil and Natural Gas Corporation Limited (ONGC) invested ₹268.7 Cr into Rural Development Projects, accounting for just 6% of its CSR budget. Spending has been sporadic, with a notable contribution in 2015-16 and 2018-19, but minimal investments in other years, reflecting an ad-hoc focus on rural development.

Key Takeaways:

1. HDFC Bank leads in absolute spending on Rural Development, demonstrating sustained commitment over the years.
2. ICICI Bank had strong initial contributions, but later deprioritized rural projects.
3. NMDC, NTPC, and ONGC show low and inconsistent spending, indicating that rural development is not a primary CSR focus for these large corporations.

• Britannia Industries Ltd spent ₹209 Cr, with 94% of its total CSR directed toward Health Care. Contributions were consistent, peaking in 2021-22 (₹39 Cr) but slightly declining afterward.

• Sun Pharmaceutical Industries Limited dedicated ₹92 Cr (86% of its CSR) to Health Care, maintaining steady contributions across the years.

• Gujarat State Petronet Limited invested ₹85 Cr (88% of CSR) in Health Care, with sporadic contributions but steady increases in recent years.

• Reckitt Benckiser Healthcare India Pvt Ltd spent ₹45 Cr (97% of CSR) on Health Care, with small but continuous investments.

• Zydus Healthcare Limited allocated ₹37 Cr, dedicating 100% of its CSR exclusively to Health Care, though its overall spending remains small.

Key Takeaways:

1. Britannia, Sun Pharma, and Gujarat State Petronet have consistently prioritized Health Care, directing over 85% of their CSR funding to the sector.
2. Zydus Healthcare stands out with 100% allocation, though absolute spending is relatively low.
3. Reckitt Benckiser follows a highly focused CSR approach, maintaining near-total allocation to Health Care projects.