Maharashtra Plans Dedicated Maha CSR Authority To Improve Coordination And Use Of CSR Funds

Maharashtra Chief Minister Devendra Fadnavis has mandated the creation of a specialized 'Maha CSR Authority' to enhance coordination and optimal use of Corporate Social Responsibility (CSR) funds throughout the state. During a meeting at Sahyadri Guest House, Fadnavis expressed concerns that current CSR initiatives were being pursued independently, resulting in inefficiencies and suboptimal impact.

The proposed authority will consolidate these efforts, monitor fund utilization, and ensure transparency. Fadnavis instructed officials to establish a project bank containing government-priority projects, accessible to companies and NGOs seeking CSR opportunities. Additionally, he emphasized the importance of guiding SMEs in selecting appropriate CSR projects and supporting outstanding initiatives across Maharashtra.

The authority will prioritize project maintenance and restoration, studying a potential 'Diaspora Connect' initiative to engage Maharashtrians living abroad in CSR and social development efforts. The Chief Minister himself will lead the authority, with a Governing Council comprising senior government officials and industry representatives.