Contributions made by corporate towards Swach Bharat Kosh and Clean Ganga Fund will be considered as social welfare spending under the new Companies Law. Swach Bharat Kosh and Clean Ganga Fund are among the key initiatives unveiled by the Narendra Modi-led government as part of its efforts to ensure cleanliness. While Swach Bharat Kosh is to attract funds for works to improve sanitation facilities, the Clean Ganga Fund is for pooling money to be used for cleaning up Ganga River. Certain class of profitable companies is required to shell out at least two per cent of their three-year average annual net profit towards Corporate Social Responsibility (CSR) activities. The Corporate Affairs Ministry, which is implementing the new companies law, has now brought contributions to Swach Bharat Kosh and Clean Ganga Fund under the CSR ambit. In a notification Friday, the Ministry has inserted the words 'including contribution to the Swach Bharat Kosh set up by the Central government for the promotion of sanitation" in Schedule VII of the Act. The words "including contribution to the Clean Ganga Fund set up by the central government for rejuvenation of river Ganga" have also been inserted in the Schedule. Livelihood enhancement and rural development projects, working towards protection of national heritage, setting up public libraries, promotion and development of traditional arts and handicrafts, are among the activities coming under the CSR ambit.