Indians lead in charity among emerging markets
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Indians lead in charity among emerging markets

By SiliconIndia   |   Thursday, 30 June 2011, 12:28 Hrs   |    11 Comments
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Indians lead in charity among emerging markets
Bangalore: Indians lead in charity among emerging markets such as China and Brazil, reveals a report by the global consultancy firm Bain& Company.

The report says that there is a 50 percent hike in the donation since 2006 by the wealthy Indians. The donation has approximately been increased to $5-6 billion in 2010 from $2 billion in 2006.

The report reveals that the rich Indians plan to increase the donations for the charity in the next five years. As it is believed that the population of rich Indians is increasing, advanced techniques have come up to help the wealthy lot to donate more.

Although India's charity donations have gone up since 2006, it is still far behind the developed countries of the world like UK and USA.

The cause of 40 percent Indian population donating was for the sake of education. The other causes of the charity are housing, shelter and food. The survey also depicts that rich Indian population is giving away 1.5-3 percent of their annual household income to charity.But the wealthiest of Indians are donating much lesser than the Americans who contribute 9 percent of their total income.

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Reader's comments(11)
1: Hi Bharath
1. UK ,,USA are rich much before India ,,yes Bill Gates does do charity

2.Your assertion that Indian corporates do not address environmental concerns is not at all true as far as new age companies like Wipro - Check out its website how it addresses Environment and Sustainability by direct action on all its campuses
Mahindra and Mahindra addresses sustainability at its Chakan plant by zero discharge using Water recycling

3.Likewise GMR New sirports at New Delhi and Hyderabad cities

As far as the Indian corporates go ,,sri Azim Premji,,sri GMR ,,SRI Shiv Nadars contributions to Education sector will make a huge impact on India and its society

Also Iam very doubtful about overseas aid that has been traditional with some NGOs ,,Africa has aid pledged in billions but with not much notable difference except Bill Gates vaccination drive in recent times

Indian corporates recent donations ,,both amount and quality this time is direct without any leakages and goes for indias long term development so definetly it will make a difference

Also check out Indias aid programm to Africa type PAN AFRICAN E NETWORK in google and the recent 5.5 billion us dollars pledged by sri Manmohan singh

I have studied in a Christian school called St Johns ,,this has made a difference ,,but I have doubts on other aid programm ,,I feel Brokers in the supply chain of the aid programm grab their share ,,so that is why Indian corporates like sri Premiji ,,sri Mahindra and sri Shiv Nadar is in education and school kids mid day meals programm which will make a huge impact on sustainable development
Can you explain huge corruption that went on in AP under the guise of religion in almost all the deals

Media reports will say billions of dollars ,,we do not to whom and how it is given ,,I know UK govt GIVES India aid to iNDIAN GOVT ,,this is recorded ,,but on others I have doubt
If aid is really distributed as pledged in the media ,,then by this time we should have seen sea changes in africa but it has not happened
So even if the amount by Indian corporates when compared with Bill Gates is less ,,still Sri Azim Premji has given 2 billion US dollars ,,sri GM Rao gave 360 million us dollars etc ,,both these donations will show result and have direct impact for sure so I beleive the quality of the charity work ,,quantity in Media is hard to verify if the amount that reached in reality is what it was pledged in the media
Also what is your take in the recent bailouts of Greece ,,ireland ,,Portugal and Spain by Germany ,,Imf and others can we call the countries that took the aid as bankrupt or is it an aid package ,,we are talking about 1 trillion all combined ,,that is enough to lift a huge chunk in developing world both business wise and poverty wise
can you tell me your opinion ,,at the best your commnet is far from reality except to blindly praise ,,not based on fcats and figures of developmental index
Posted by:rama anne - 01 Jul, 2011
2: This report is another eye wash. In india most of the charitis are done by US ans UK based NGO's. As far as wealthy Indian corporations are concerned their corporate social responsibility is way far behind. Contrary to donations they are involved in illicit land acquisitions from poor people, their is deep crony illicit corrupt nexus between polity, corporates and media. In this race to acquire all resources Indian MNC corporates are grabbing 98 % resources meant for common people and just donating 2% of their wealth for social cause, still they are plundering 96% more from poor people. The charities so far done at mass scale is in health sector (AIDS, Malaria and TB) by Bill Gates foundation. CSR of Indian conglomerates in addressing environmental, social and ethical issues is negligible. Still India is optimistic that one day CSR will become a norm rather than a liability for Indian Corps.
Posted by:Bharat@U.K/London - 01 Jul, 2011
3: Support Indian charities online at www.charityfactors.in
See 2 min video about this global project: http://youtu.be/Dd2z0Et-C_A

Charity Factors Foundation
www.charityfactors.com
Posted by:Mareks - 01 Jul, 2011
4: Everyone one of you might have heard in the news or even read about Greek Financial crisis

1.What they are saying is the root cause ,,simply the tax payers in high bracket income like doctors ,,businessmen etc simply choose to get around the system and dodged paying taxes ,,so did the Govt to let it happen end result Financial Crisis
Mind you greeks have a rich hisrtory ,,legacy and have worlds greatest philosphers and mathematcicians like Prthogrous ,,also they are Orthdox christians too

2.Else where in Afghanistan ,,the taliban territory ,,Human lifes value is equivalent to a Chicken or Goat here is how
Say if Taliban comes to know ,,you spied against them and helped the coalition forces ,,they will drag you out of your house ,,bound your legs and hands right in mid afternoon ,,they will take a knife ,,infront of all onlookers silently watching the spectacle ,,they will slit open the throat ,,as if they were cutting a Goat or Chicken neck ,,that person bleeds death under hot sun on road side ,,and left to die ,,Taliban do it to show others what is the fate for others if they spy against them ,,so Human life here is just equivalent to a Goat or Chicken

3.Shahid Balwa the co accused in 2G SPEctrum case who is now in jail ,,his family cuts a few goats ,,and distributes the meat to the poor poeple in India ,,probably Shahid Balwas family thinks ,,the evil may be ward off ,,or gods will help him get released earlier from jail (probably)


4.Else where in India ,,depending on the time period you might be a labourer from hinterlands of UP or Bihar who might have just succumbed to everyday hustle and bustle and died due to accident on local mumbai train tracks ,,in that case ,,you might be another statistic and ofcourse some one will do the cremation or burial part like a railway employee

In another time period at the peak of terrorism in Punjab ,,you might also have been picked up from the bus and shot at while returning back to Bihar ,,it depends

5.Our own Dawood Ibrahim ,,when he is in a good mood according to media reports ,,gets emotional and has tears in eyes ,,and he tells his associates how he misses the Mumbai days ,,its sights and sounds

6.On another day in the news like 2 days ago ,,an Nri doctor has had 3 bank accounts one in USA ,,and two in HSBC india ,,with more than 8,,900,000 us dollars in one account ,,yet in his IRS returns ,,he did not disclose to a question whether he has other income like interest ,,dividends ,,etc besides his professional income ,,it is also possible ,,on a given day ,,the doctor might be sri satya sai baba disciple or even a devotee of the everyday gods it is possible

I can go on and on with many many examples ,,questions to ask

1.Why does life become cheap ,,whether in Taliban Afghanistan or Dharavi mumbai

2.is it just the way the world is ,,people are just born like that

I do not think so ,,I think ,,detoriation of Living standards ,,conditions ,,stimulate the human misery where life is no longer worth for some ,,it is also due to Humans
indulging in corruption ,,selfishness ,,jealosusy and allow the socities to become such traps

That is when frustration sprouts ,,while some are into forests ,,others are into softened to other avenues probably swamis or babas

So what are the solutions

1.Already Nature has balance ,,all eco systems are balanced ,,forests ,,lakes ,,burial grounds on Himalayas with bacteria

2.When Humans disturb the balance like not paying taxes ,,find ways to cheat ,,amass huge wealth at the expense of others the eco balance at societal level is disturbed

That is why

If our IAS officers discharge the duties
If our citizens pay the taxes
If our institutions function without prejuidice and politics
If we allow equal opportunities
If we control population and allow the existing population become educated so that they use heads when voting
Just by doing the above ,,Human lives value will increase and Human dignity will be restored ,,and already in such a place we will see all kinds of jobs and opportunities for the populace
Posted by:rama anne - 30 Jun, 2011
5: Most of the problems in India are due to

1.Outdated IAS officers structure that suited British India and now needs to be updated

2.Even If 10 percent of IAS officers think like Nandan Nilkenni and do a project Unique Identification Number ,,it will make a huge difference

3.If the rich pray Taxes properly and no black money ,,then India will develop

4.Gurusharanji ,,Satyam Rama Linga Raju visited all temples of AP and donated lots of Gold to all GOds at the same time there was a 1 billion dollar US Fraud

so conclusion ,,is if the rich do not bend the rules of law in India ,,the IAS officers are not corrupt nor just enjoy priviliges ,, but their duties

5.Licenses and tenders are not bent with rules and grabbed by a few and amass crores ,,then out og guilt they will give some to charity sometimes too

Shahid Balwa who is accused in 2G Scam cuts goats and gives meat to poor people as he thinks evil will ward off from him



IT ,,ED departments collect taxes properly ,,and that money is spent on Indias infra or needs then we do not need charity

We also do not need charity ,,if we make our farmers empowered to produce more not make them sucide victims ,,it is in our hands and policies and we should not blame on GOD for this
Posted by:rama anne - 30 Jun, 2011
6: I have studied in a school called ST Johns Gannavarm school fees is just 30 rupee per month ,,it is best in AP and affilluated to CBSE new delhi run by st Montfort Bros ,,they are supposed to set up in Vijayawada town ,,but all farmers who are hindus pleaded with bros in 1967 to setup in Gannavaram ,,which was then a big village ,,so that All neighbouring villages farmers kids can access this school ,,so the Bros obiliged and set it up ,,I was with my grandparents in a village called Uppaluru and if they did not setup the school ,,only option is ill equipped Govt zph school at that time so consider charity as enriching society to have a better standard of life for all
Posted by:rama anne - 30 Jun, 2011
7: DUSVANTH (donating one tenth of income) is common to all religions in one form or other. People generally follow it also in India but majority of it goes to religious institutions. How much of it actually goes out for public welfare is a million dollar question.
Posted by:R P Singh - 30 Jun, 2011
8: Gurusharanji

Should we link religion with charity I do not so
Charity in India can be divided into pre modern era and modern era

Pre Modern Era
Mostly kings and after independence traditional rich of India like Birlas and agrwals donated to temples or build temples or even donated Gold ornaments

Modern Era
This is the real difference that will make a mark and all of the Philanthropists are new age entreprenuers

sri GMR - iNFRA - Airports etc - Varalaxmi Foundation
Sri Azim Premiji - IT - Primary Education sector
sri Shiv Nadar - IT - University and engg colleges
Sri Nandan Nikenni - IT - UIDAI unique id and human settlemnsts univ to be set up
sri Bharathi Mittals - Telecoms - Bharthi Foundations - schools in Punjab and Haryana etc

Gurusharanji ,,the above are making a huge difference ,,yes they may not be 10 or 12 percent ,,but important differences are

1.They are channeling the precious funds throught their own structures ,,like Premiji Foundation is run by Wipro staff or people chosen by premiji and they are setting up a Univ that will train Primary teachers who in turn train primary school rural school kids ,,this is revolutionary and path breaking

2.Sri Shiv Nadar University in Tamilnadu and now in UP is giving quality engg education with emphasis on labs

3.Likewise Bharathi schools in Rural Punjab or Haryana

4.Mahindra life saver Train ,,will operate poeple as it moves inside a train through all places in Maharastra

5.Nandans Unique Identification project is done without corruption on budget ,,on time and with good able people

The above are different from traditional donors like Munjals or Birlas or agarwals who always donated to temples

so societal transformation that is truly from bottoms up and the quality are important factors

I do not see religion being linked to philanthropy ,,already they say Service to Human kind is service to GOD ,,this is there in all religions so why should we qupte religion cann we not just help people of India and India to develop in education ,,poverty reduction and raise the standard of living
I also feel sri Shilpys answer and your question are all defensive and trying to link back to religion which is not correct ,,rather we should do because ,,we have wealth more than we need ,,and by our own experience ,,we should do what we can ,,without anyone telling us to do
Posted by:rama anne - 30 Jun, 2011
9:
Most of the problems in India are due to

1.Outdated IAS officers structure that suited British India and now needs to be updated

2.Even If 10 percent of IAS officers think like Nandan Nilkenni and do a project Unique Identification Number ,,it will make a huge difference

3.If the rich pray Taxes properly and no black money ,,then India will develop

4.Gurusharanji ,,Satyam Rama Linga Raju visited all temples of AP and donated lots of Gold to all GOds at the same time there was a 1 billion dollar US Fraud

so conclusion ,,is if the rich do not bend the rules of law in India ,,the IAS officers are not corrupt nor just enjoy priviliges ,, but their duties

IT ,,ED departments collect taxes properly ,,and that money is spent on Indias infra or needs then we do not need charity

We also do not need charity ,,if we make our farmers empowered to produce more not make them sucide victims ,,it is in our hands and policies and we should not blame on GOD for this
rama anne Replied to: rama anne - 30 Jun, 2011
10: Religious teachings of Indians teach helping others. Most are also practising this teaching. Let us hope that those who are entrusted with the funds provided for help of the needy do not mismanage or waste it on personal agendas and make it difficult for the needy to use them.

Sikhism teaches its followers to share 10% of their income for charitable purposes. What does Hinduism/Jainism/Others advise?

Congratulations to those who help others. May the blessings of the Almighty be on them.

gursharan38@gmail.com
Malaysia
1.7.11
Posted by:Gursharan Singh - 30 Jun, 2011
11:
yuddhistheera says in mahabharata: daanam is the biggest punyam.
shilpy Replied to: Gursharan Singh - 30 Jun, 2011
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