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Family Philanthropy funding in India tripled since 2019, approximately 12,000 Cr in 2020

Funding from family philanthropy in India triples to Rs 12,000 cr in FY20: Report

Family philanthropy resilient amid pandemic in India, says report

Family philanthropy resilient amid pandemic in India, says report
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Family philanthropy funding triples but social sector will still see a deficit

Family philanthropy funding triples but social sector will still see a deficit But a decline in revenue and profitability will impact Indian corporations’ ability to contribute to the social sector through CSR activities. Image: Alamy Funding from family philanthropy tripled its corpus to ₹12,000 crore in the last financial year but the social sector will continue to see an annual funding deficit because of a pandemic-induced setback, says a new report. India’s rich continue to contribute a lot less compared to their American counterparts. A decline in revenue and profitability from the pandemic will impact Indian corporations’ ability to contribute to the social sector through their corporate social responsibility (CSR) initiatives, according to the

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