Bain & Company and Dasra reports mark a 10% surge in philanthropy & 7% rise in CSR Spending
According to the India Philanthropy Report by Bain & Company and Dasra, private philanthropy has grown 10% to Rs 1.2 lakh crore in FY23, including corporate social responsibility funding and donations from the wealthy and retail donors.
India Inc. steps up CSR activities in pandemic times
Companies in India have made significant progress in fulfilling their corporate social responsibility (CSR) obligations in FY21, with fewer defaults and more exceeding their legal obligations. Legislative changes incentivized companies to comply with their CSR obligations, including penalties for fa