Santhosh Jayaram, partner and head, sustainability and CSR
advisory at KPMG in India, says while the overall CSR
spending is increasing, it is also heartening to observe the increase in number of companies
going beyond the 2 per cent mandate and even companies who are not required to spending allocating budgets for CSR are spending.
"The overall governance indicators around CSR have shown a steady improvement in the last five years. The indicators representing the functioning of the CSR committee, the diversity in CSR committee and the improvement in monitoring and evaluation are showcasing this," he says.