India’s Philanthropy Spending Grows, Development Goals Elusive
The NonProfit Times
APRIL 15, 2024
Philanthropy expenditures in India have grown by an average annual rate of 13% during the past five years, reaching the equivalent of $280 billion. of the country’s gross domestic product (GDP) during fiscal year 2023. Family philanthropy and retail giving contributed to overall private philanthropy growth of 10%.
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