The place India stands within the philanthropy race

Previous this month, Yvon Chouinard, founding father of US-based out of doors store Patagonia, introduced he used to be giving for free the corporate to a charitable believe operating on local weather motion. Chouinard has joined a rising listing of businesspersons pledging their wealth to local weather motion. How neatly are Indian billionaires doing on charity?

In India, philanthropic investment has failed to satisfy call for. In FY21, the social sector investment deficit used to be as top as 47%, consistent with a Bain & Co. file. Right here’s a take a look at how philanthropy is evolving in India and the arena:

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Philanthropic investment in India

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