Economy Is the CSR carrot turning into a stick? Updated : May 30, 2019 08:36 AM IST The total CSR spend by the top 500 companies in the country since the applicability of mandatory CSR in 2014 is likely to cross Rs 50,000 crore by March 2019, said a report. Though companies are not only conscious of their social obligations but also are taking steps to correct them, the government does not seem to be too enthused by these trends. The trouble with the government’s hardening stance will have a negative impact on the CSR space. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.