Seven years after the 2018 police firing that killed 13 protesters against Sterlite’s polluting plant, Thoothukudi is again debating reopening. A feasibility study recommends switching to recycled copper, shutting some polluting sections, and creating an INR 100 crore CSR corpus. Yet local opposition and the city’s unresolved trauma continue to block any easy green light.
Budget proposals for FY 2023-24 suggest restricting input tax credit (ITC) on goods or services used to meet CSR obligations. Experts warn this could reduce the practical value of CSR benefits by raising effective costs for companies. Businesses are concerned the move may make it harder to sustain or expand CSR programs, especially where tax credit currently improves affordability.
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