• 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.

• B C Mohanty And Sons Pvt Ltd spent ₹60.09 Cr, with 93% of its CSR budget directed toward Rural Development. Contributions were consistent from 2015 to 2020, but dropped significantly after that, highlighting early strong focus, followed by a decline in priority.

• Rajasthan Rajya Vidyut Utpadan Nigam Limited allocated ₹29.53 Cr, making up 88% of its CSR spending for Rural Development. Spending started in 2015-16 and continued with small annual contributions, showing a steady but relatively small-scale commitment.

• Transmission Corporation Of Telangana Limited directed ₹20.58 Cr into Rural Development, representing 93% of its total CSR budget. Most spending occurred after 2020, indicating a late but focused entry into rural development support.

• Gaja Engineering Private Limited spent ₹8.71 Cr, 81% of its CSR allocation on Rural Development Projects. Spending was minimal but steady from 2020 onward, showing a recent commitment to rural causes.

• Nath Bio-Genes (India) Limited dedicated ₹5.3 Cr, 100% of its CSR funding exclusively to Rural Development. Though the absolute spending is small, it reflects a cause-specific, focused CSR approach, with small, consistent annual contributions from 2014-23.

Key Takeaways:

1. B C Mohanty, Rajasthan Rajya Vidyut, and Transmission Corporation of Telangana dedicate over 88% of their CSR exclusively to Rural Development, indicating sector-specific prioritization despite smaller overall CSR budgets.
2. Nath Bio-Genes stands out with 100% of its CSR going to rural development, though absolute spending is small.
3. These companies show a highly focused approach, with some starting early (B C Mohanty), others joining later (Transmission Corporation), but all concentrating their limited CSR resources on rural empowerment.