9 1 Conservation of energy, technology absorption and foreign exchange earnings and outgo 1.1 Conservation of energy 1.1.1 Measures taken: Careful planning of production to avoid intermittent wash, which reduces effluent generation. 1.2 Technology absorption No major steps were taken during 2017-18 in view of very low usage of utilities in manufacturing activities. 1.3 Foreign exchange earnings and outgo 2 Corporate Social Responsibility 2.1 Policy, programs and scope The Company has framed a Corporate Social Responsibility (CSR) Policy in compliance with the provisions of the Companies Act, 2013 and the same is placed on its website at http://www.racl.net.in/pdf/RACL-CSR_Policy.pdf 2.2 Committee » Gopi Kannan Thirukonda (Chairman) » Wolfgang Schumann » Sudhir Merchant 2.3 Expenditure: determination and actual spent 2.4 Manner in which spent Particulars 2017-18 2016-17 Outgo Import of raw materials 23.33 14.42 Earnings Commission income 0.53 0.49 (` cr) Particulars Amount Average net profit of the Company for the last 3 financial years 12.22 Prescribed CSR expenditure, at 2% of above 0.24 Total amount spent for the financial year 0.24 Amount unspent by the Company Nil (` cr) No. Program Project | Activity Location Outlay for Cumulative Implementing Village, District the year expenditure up to agency (State) Budget Spent reporting period 1 Health Improvement of Atul, Valsad hygiene through (Gujarat) 0.24 0.24 0.63 AFT* construction of toilets Total direct expenditure 0.24 0.24 0.63 * AFT: Atul Foundation Trust (` cr)
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