Philanthropy In India Is Growing: Fact Or Fiction? 

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[1] The Hurun Indian Philanthropy list 2018 ranked all Indians who donated Rs 10 crore or more between October 2017-September 2018.

[2] Wealth calculations are a snapshot as on July 31, 2018, the same date as previous years.

[3] To make this list, the Hurun Report surveys 800 of India’s most successful entrepreneurs, including those from the Hurun India Rich List, meticulously cross referencing the results with media reports and charitable foundations. The report includes cash and cash equivalents pledged with legally binding commitments for the twelve month period under review. The report also includes donations made by companies in which an individual had a significant share by applying the percentage the individual has of the company on the donations.

[4] The Bain India Philanthropy Report does not provide the breakup of the Rs 36,000 cr for FY 2016 (April 2015-March 2016); It states: “A large portion of this amount has come from a few established givers who have pledged large sums of their net worth to philanthropy.”

[5] Mr Premji announced his decision to give away an additional 18 percent of his stake in Wipro in July 2015; the Hurun List 2015 that estimated the 27,514 crore tracked giving between November 2014 and October 2015.

[6] The Bain India Philanthropy report 2017 surveyed 33 individual philanthropists and Dasra conducted in-depth interviews with 23 philanthropists; the 2018 report was drawn from interviews with 33 philanthropists.

[7] World Giving Index of global generosity tracks how people across the world give money, volunteer, or help a stranger in need.

[8] CAF ranking for India  was 81 during 2016, 91 during 2015,  and 106 during 2014.

[9] While India is usually on top of the list in terms of sheer numbers (because of the size of the country), it fares poorly in terms of rankings because that is a measure of people giving as a percentage of the country’s population.


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