"Slum Area Development" notified as a Corporate Social Responsibility Activity
MCA hereby declares vide notification Dated 06.08.2014, "slum area development " to be inserted in Schedule VII for the purpose of Corporate Social Responsibility.
The related notification can be read as:
In Schedule VII, after item (x), the following item and entry shall be inserted, namely:
"(xi) slum area development.
Explanation.- For the purposes of this item, the term " slum area " shall mean any area declared as such by the Central Govemment or any competent authority under any law for the time being in force".