Private philanthropy grew 10% in FY23, CSR spending by 7%: Bain & Company and Dasra reportWhile there has been an increase in the number of companies complying with the CSR mandate in this period, spending by this segment grew mo...
Short on system backup, companies can't play CSR long gameThe 2013 law states that CSR spending should be a minimum of 2% of average net profit of the three preceding years. When the budget is base...
India’s richest gave less to social sector in FY22 despite rise in wealth: ReportOverall, India’s social sector spending as a share of GDP grew a percentage point to 9.6% in FY 2022, driven by a jump in public spending. ...
Big-ticket donations, philanthropic initiatives to tackle climate crisis begin to take shape in IndiaSo far, philanthropic giving for climate change is a sliver of the entire giving pie in India. Detailed data is hard to come by but accordi...
Total private philanthropic giving in India estimated to grow at about 12% annuallyThe Covid-19 pandemic has pushed more than 200 million Indians into poverty. With state finances negatively affected because of the pandemi...
Family philanthropists will play a pivotal role in building modern India: Amitabh KantThe 'Jedi talks' (Justice, Equity, Diversity & Inclusion) introduced this year as part of the Dasra Philanthropy Week highlighted the need ...
Pandemic didn't alter altruistic behaviour in Indians: Family philanthropy continued to flourish in 2020Despite this growth in funding, the social sector remains underserved.
Get, Set, Ngo: How non-profit sector is going through remarkable change in IndiaThe non-profit sector is undergoing a remarkable change powered by tech, young entrepreneurs, committed funders. Attention from corporates ...
- Deal corner: Rockefeller Foundation backs Impact Fund
Impact investing in India is seeing a surge driven by an increase in entrepreneurship and a corresponding rise in participation by risk cap...