Stacking up Indian giving against other BRICs | beyondbrics | FT.com

Stacking up Indian giving against other BRICs | beyondbrics | FT.com: "New Delhi is struggling to bridge that gap through its own social welfare schemes, but many Indians say increasing philanthropic giving by wealthy companies and individuals will also be crucial if the country is to overcome its profound social problems.

On the face of it, India does not far badly on the philanthropy front. Bain & Co has recently estimated that Indians together donate 0.6 per cent of GDP to charities, higher than charitable giving levels in other emerging markets like Brazil (0.3 per cent of GDP) and China (0.1 per cent of GDP), but still far short of the 2.2 per cent donated in the US."