Business Standard

Over 40% of India's philanthropists to raise donations by 2020

Over 40% of India's philanthropists to raise donations by 2020

  • March 21, 2015
  • min read

Business Standard

Over 40% of India's philanthropists to raise donations by 2020

Over 40% of India's philanthropists will increase their contributions by 2020, driven by strong growth in the economy, says Bain & Company's India Philanthropy Report 2015. According to Arpan Sheth, a partner with Bain & Company India and co-author of the report, "In the survey, 43% current donors are telling us that they are ready to increase their philanthropic contributions over the next five years, many of them by over 20%."