Wanted: Strategic do-gooders : HindustanTimes.com: "One of the most touted outcomes of India’s growth rate, at least in the economic press, is the rise of a new ‘super-rich’ class of individuals, mostly in the corporate sector. A recent NCAER survey put the figure of households with income between Rs 50 lakh and Rs 1 crore at 1,03,000, and growing at a rate of 26 per cent annually. A similar growth rate was expected for the next rung of 4,54,000 households with incomes between Rs 20 lakh and Rs 50 lakh. And we all know about the rise of Indians in Fortune’s Billionaire lists.
One of the most desired outcomes of this outcome would be a corresponding rise in the rate of ‘giving back’ by the new rich."
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