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Social sector spending by rich drops despite increase in wealth: Report

The ultra high networth individuals' (UHNIs) social sector spending declined by 5 per cent in FY22, despite a 9.2 per cent increase in their wealth and the persisting inequities in India, a report said on Thursday. Giving by the UHNI segment declined to Rs 4,230 crore in FY22, if one were to exclude the contributions of Wipro's Azim Premji, the report said. Amid the clampdown on foreign funding of non-profits, the report by consulting firm BCG and Dasra said international funding also declined in FY22. Private foreign giving dipped by about 3 per cent to Rs 15,000 crore in FY22 as compared to the contributions in the year-ago period, the report said, adding that their contribution to overall giving reduced further to 14 per cent as compared to 15 per cent in FY21 and 21 per cent in FY17. Overall, the private giving remained flat in FY22 at Rs 1.05 lakh crore compared to FY21, the report said, adding that the corporate social responsibility spends grew during the fiscal year on the

Social sector spending by rich drops despite increase in wealth: Report
Updated On : 02 Mar 2023 | 11:22 PM IST

Income taxpayers can't join Atal Pension Yojana from Oct 1: Govt

Social security scheme should reach the poor and underprivileged, says official

Income taxpayers can't join Atal Pension Yojana from Oct 1: Govt
Updated On : 11 Aug 2022 | 11:25 PM IST

Social sector spending dipped 'as a proportion' after 2014-15: Chidambaram

P Chidambaram on Tuesday hit back at Finance Minister Nirmala Sitharaman for stating that the NDA government's developmental expenditure was higher than that under the UPA regime

Social sector spending dipped 'as a proportion' after 2014-15: Chidambaram
Updated On : 12 Apr 2022 | 10:29 AM IST

Social Justice and Empowerment Ministry allocated Rs 11,689 crore

The Social Justice and Empowerment Ministry, which caters to the welfare of the backward classes and those with disabilities, was allocated Rs 11,689.39 crore

Social Justice and Empowerment Ministry allocated Rs 11,689 crore
Updated On : 01 Feb 2021 | 6:15 PM IST

PM Modi to inaugurate virtual AI summit 'RAISE 2020' on October 5

At the RAISE 2020 summit, delegates and experts in research, policy and innovation on AI will join from across the globe

PM Modi to inaugurate virtual AI summit 'RAISE 2020' on October 5
Updated On : 24 Sep 2020 | 9:34 PM IST

Govt decides not to amend disability law for decriminalising minor offences

In a joint statement, around 125 disability rights organisations, civil society organisations and activists last week said they unequivocally register their strong protest against the proposal

Govt decides not to amend disability law for decriminalising minor offences
Updated On : 09 Jul 2020 | 2:50 PM IST

The teacher from Dombautiya

Tudu's efforts have had quite an impact on her village. She's been able to convince three dropouts to return to school

The teacher from Dombautiya
Updated On : 01 Nov 2019 | 8:27 PM IST

Those in Need: A matchmaking platform for NGOs and volunteers in India

The platform allows NGOs to create events for their ongoing projects. Volunteers choose the NGO they wish to support and participate in their events

Those in Need: A matchmaking platform for NGOs and volunteers in India
Updated On : 26 Oct 2019 | 9:25 PM IST

A unique kind of swag

In a country that surpasses the world in its paradox of innately elegant women & effortlessly dowdy men who dress in monotonous western clothes, Jivi Sethi stood out for being spectacularly inventive

A unique kind of swag
Updated On : 04 May 2019 | 7:41 AM IST