1. Brief outline on CSR Policy of the Company.

The Corporate Social Responsibility and Sustainable Development (CSR) Policy of ONGC
approved by the Board of ONGC at the 269th meeting held on 28.05.2015 is in consonance with
the CSR Policy framework enshrined in the Section 135 of Companies Act, 2013, Companies
(CSR Policy) Rules, 2014 notified by Ministry of Corporate Affairs, Government of India and
Guidelines on Corporate Social Responsibility and Sustainability for Central Public Sector
Enterprises issued by Department of Public Enterprises, Government of India (DPE Guidelines,
2014).

It shall apply to all CSR Projects/ Programmes undertaken by ONGC as per liberal interpretation
of activities listed in Schedule-VII of the Act, within the geographical limits of India alone,
preferably towards the benefit of marginalized, disadvantaged, poor and deprived sections of the
community and the environment.

As per the policy, projects/ programs are identified and budgets allocated for them through a
process incorporating identification of suitable implementation agencies, need assessment and
clear outlining of desired outcomes. The CSR projects / programs, which will, as far as possible,
entail the following components:

i. Need Based Assessment / Baseline survey / Study where considered necessary /

feasible;
ii. Identification of specific and measurable objectives / goals in identified sectors and
geographies;
iii. Formation of the project and preparation of Detailed Project Report (DPR);
iv. Identification of time lines – clear specification of start date and end date;
v. Specification of annual financial allocation;
vi. Clear identification of beneficiaries (by name where possible);
vii. Clear identification of milestones for the complete duration of the Project / programme;
viii. Preparation and signing of agreement with Implementing Agencies;
ix. Preparation and implementation of a comprehensive and concurrent documentation
procedure;
x. Robust, periodic review & monitoring;
xi. Evaluation & Assessment, preferably both concurrent and final (wherever possible, by
a competent third part);
xii. Mandatory Reporting.

As informed by DPE common theme for year 2020-21 are Health care and Nutrition. CSR
expenditure for thematic programme should be around 60% of annual CSR expenditure.
Accordingly, focused intervention in these areas and budget allocation for CSR Projects /
Programmes / activities was recommended by the CSR Committee. The website of ONGC -
www.ongcindia.com, has the link to the CSR activities and to a host of policies directed
towards the betterment of disadvantaged, vulnerable and marginalized section of
stakeholders.
 Further, in line with the Companies (CSR Policy) Amendment Rules, 2021, published vide
Gazette Notification dated 22.01.2021, the Board of ONGC has approved the Corporate
Social Responsibility & Sustainability Policy, 2021 incorporating the major amendments in line
with the Companies (CSR Policy) Rules, 2021.

The website of ONGC, www.ongcindia.com, has the link to the CSR and SD activities
and to a host of policies directed towards the betterment of disadvantaged, vulnerable
and marginalised section of stakeholders.

2. Composition of CSR Committee:

Sl. No. Name of the Director Designation / Number of Number of

Nature of meetings of meetings of
Directorship CSR Committee CSR Committee
held during the attended during
year the year

1 Shri Amitava Independent 2 2

Bhattacharyya- Director
Chairman CSRC

2 Shri Subhash Kumar Director 2 2

(Finance)

3 Dr. Alka Mittal Director (HR) 2 2

4 Shri R.K. Srivastava Director 2 2

(Exploration)

3. Provide the web-link where Composition of CSR committee, CSR Policy and CSR
projects approved by the board are disclosed on the website of the company.:
www.ongcindia.com
4. Provide the details of Impact assessment of CSR projects carried out in pursuance of
sub-rule (3) of rule 8 of the Companies (Corporate Social responsibility Policy) Rules,
2014, if applicable (attach the report).
The highlights of the impact assessments of CSR projects is attached at Annexure-
III.
5. Details of the amount available for set off in pursuance of sub-rule (3) of rule 7 of the
Companies (Corporate Social responsibility Policy) Rules, 2014 and amount required for
set off for the financial year, if any

Sl. No. Financial Year Amount available Amount required to

for set-off from be set-off for the
preceding financial financial year, if any
years (in Rs) (in Rs)

1. 2017-18 NIL NIL

 2. 2018-19 NIL NIL

3. 2019-20 NIL NIL

6. Average net profit of the company as per section 135(5): Rs. 269,386.10 million
7. (a) Two percent of average net profit of the company as per section 135(5):
Rs.5387.72 million
(b) Surplus arising out of the CSR projects or programmes or activities of the previous
financial years: NIL
(c) Amount required to be set off for the financial year, if any: NIL
(d) Total CSR obligation for the financial year (7a+7b-7c): Rs.5387.72 million
8. (a) CSR amount spent or unspent for the financial year:

Total Amount Unspent (in Rs.)million

Amount
Spent for the Total Amount transferred to Amount transferred to any fund specified
Financial Unspent CSR Account as per under Schedule VII as per second
Year. (in Rs.) section 135(6). proviso to section 135(5).

Amount. Date of Name of Amount. Date of

transfer. the Fund transfer.

5530.96 Nil Nil Nil Nil nil

(b) Details of CSR amount spent against ongoing projects for the financial year:
The details of ongoing CSR projects of FY2020-21 is placed at Annexure IV.

(1) (2) (3) (4) (5) (6) (7)

Sl. Name of Item from Local Location of the Project Amount

No. the the list of area project. duration. allocated for
Project activities in (Yes/ the project
Schedule No). State. District. (in Rs.).
VII to the
Act.

1.

2.

3.
 Total

(1) (8) (9) (10) (11)

Sl. Amount Amount Mode of Mode of Implementation –

No. spent in the transferred to Implementation – Direct Through Implementing
current Unspent CSR (Yes/No). Agency
financial Account for the
Year (in project as per Name CSR Registration
Rs.). Section 135(6) number.
(in Rs.).

1.

2.

3.

(c) Details of CSR amount spent against other than ongoing projects for the financial
year:
The details of other than ongoing CSR projects is placed at Annexure V

(1) (2) (3) (4) (5) (6) (7) (8)

Sl. Name Item Local Location of the Amount Mode of Mode of

No. of the from the area project. spent implem- implementation –
Project list of (Yes/ for the entation Through
activities No). project – Direct implementing
in (in (Yes/No). agency.
schedule Rs.).
VII to the State. District. Name. CSR
Act. registration
number.

1.

2.

3.

Total
(d) Amount spent in Administrative Overheads: Rs 211.67 million
(e) Amount spent on Impact Assessment, if applicable: Rs 4.71 million
(f) Total amount spent for the Financial Year (8b+8c+8d+8e):Rs 5530.96million
(g) Excess amount for set off, if any

Sl. Particulars Amount (in Rs.)million

No.

(i) Two percent of average net profit of the company as Rs. 5387.72
per section 135(5)

(ii) Total amount spent for the Financial Year Rs. 5530.96

(iii) Excess amount spent for the financial year [(ii)-(i)] Rs.143.24

(iv) Surplus arising out of the CSR projects or programmes Nil

or activities of the previous financial years, if any

(v) Amount available for set off in succeeding financial Rs.143.24

years [(iii)-(iv)]
9. (a) Details of Unspent CSR amount for the preceding three financial years:NIL

Sl. Preceding Amount Amount Amount transferred to any Amount

No. Financial transferred spent in the fund specified under remaining
Year. to Unspent reporting Schedule VII as per section to be spent
CSR Financial 135(6), if any. in
Account Year (in succeeding
under Rs.). Name Amount Date of financial
section 135 of the (in Rs). transfer. years. (in
(6) (in Rs.) Fund Rs.)

1.

2.

3.

Total
(b) Details of CSR amount spent in the financial year for ongoing projects of the preceding
financial year(s):
The details of ongoing CSR projects of the preceding financial year(s) is placed at
Annexure VI.

(1) (2) (3) (4) (5) (6) (7) (8) (9)

 Sl. Project Name Financial Project Total Amount Cumulative Status of
No. ID. of the Year in duration amount spent on amount the
Project. which allocated the spent at project –
the for the project the end of Comp-
project project in the reporting leted
was (in Rs.). reporting Financial /Ongoing
comm- Financial Year. (in
enced Year (in Rs.)
Rs).

Total
10. In case of creation or acquisition of capital asset, furnish the details relating to the
asset so created or acquired through CSR spent in the financial year
(asset-wise details). :NIL
(a) Date of creation or acquisition of the capital asset(s).
(b) Amount of CSR spent for creation or acquisition of capital asset.
(c) Details of the entity or public authority or beneficiary under whose name such capital
asset is registered, their address etc.
(d) Provide details of the capital asset(s) created or acquired (including complete address
and location of the capital asset).
11. Specify the reason(s), if the company has failed to spend two per cent of the average
net profit as per section 135(5).

Sd/- Sd/- Sd/-

(Chief Executive Officer or (Chairman CSR Committee). [Person specified under
Managing Director or clause (d) of sub-section (1) of
Director). section 380 of the Act]
(Wherever applicable).