In Conversation: India’s New Philanthropy
January 31, 2018 By Editor
India has around 2 percent of the world’s millionaires and 5 percent of its billionaires, and since 2000, wealth in the country has grown 9.2 percent a year, faster than the global average of 6 percent. At the same time, India ranks among the highest in terms of income inequality and dominates the world’s poorest 10 percent. India’s leaders are grappling with how to narrow this gap, particularly as foreign funding to the country dwindles. Since 2009, India has added over 100 million donors, large and small, but there’s very little data on the extent of philanthropy.
A new report examines the state of Indian philanthropy, and shines a light on new ideas and innovations, and the implications of these for the future role of philanthropy as an agent of social change. In Asia editor Alma Freeman speaks with Chandrika Sahai, coordinator of Philanthropy for Social Justice and Peace, which co-published the report, on some of the key takeaways. Tiếp tục đọc “India’s New Philanthropy” →