Budget 2022: CII seeks 1% CSR levy in Budget to provide Covid-19 vaccine booster shots

Confederation of Indian Industry has also urged state governments to lift the pandemic-induced restrictions on economic activity.

New Delhi: Industry body CII has suggested the government include an additional 1 per cent corporate social responsibility levy apart from the mandatory 2 per cent for one year in the upcoming Budget to encourage corporates to spend on providing Covid vaccine booster shots.

The Confederation of Indian Industry (CII) has also urged state governments to lift the pandemic-induced restrictions on economic activity, arguing that the occupancy rate of hospital beds due to the Omicron variant of Covid is well within the manageable level.

"CII suggests that 1 per cent of mandated CSR funds be earmarked for vaccination. We also recommend that an additional 1 per cent be added to CSR requirements in the Budget, for a specified period of 12 months, so that boosters can be made available to all age-groups," CII President T V Narendran said.