Monday, December 06, 2010

VOA | Philanthropy Grows Slowly Among India's Wealthy | South Asia | English

VOA | Philanthropy Grows Slowly Among India's Wealthy | South Asia | English: "The donation has raised hopes that other wealthy Indians will follow in his footsteps.

Experts say Indians have a long culture of giving, but much of it goes to household staff, the immediate community or the local temple.

They say a culture of organized, charitable giving by rich Indians and corporations has been slow to develop, even though the number of super-rich is growing rapidly as the economy races ahead."

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