While it will undoubtedly become more dynamic, one does not see Indian philanthropy become a potent force for changing a patriarchal, casteist and class-conscious society in the midterm. Another example: Aakar Patel, , reports that in Chhattisgarh, ore mining companies have not only taken over Adivasi lands, but that their huge trucks carrying ore are tearing up the roads, which in any case are few in the Adivasi belt. If the idea was to provide seed capital for imaginative, risky but potentially big payoff ideas, then too there is a long way to go. The highest allocation for cow related activities was Rs 92. An avenue for a third book? This is reflected both in how they give and for what. .
The capitalist-politician nexus, with its pernicious influence on policy, will take more than section 135 to disappear. If the aim of the Act was to inculcate business responsibility towards all the stakeholders, then there is still a long way to go. What will be its size and shape? Will it make any difference to the condition of Indian society, in say two decades from now? One of these is a broadening of the donor class to include not only the traditional business class, but also donors from the world of sports, entertainment and other professions. In the month of Ramzan almost all those who can afford it help poor people in one way or another. A 2011 report by Bain and Co.
Delhi, and South Asian Fund Raising Group, N. Giving with a Thousand Hands fills this gap. Technology will therefore likely play an even greater role in the future, making more and better information available to donors for decision-making, and for better understanding of problems. Has the phenomenal wealth creation in recent decades seen an increase in altruistic spending in social development, and what role does the Indian state play in promoting or restraining the act of giving? Pushpa Sundar addresses this question and explores what difference, if any, it has made to the size, complexity, style of functioning, values and future direction of the voluntary sector and the impact it has had on its relationship with government and business. Written in a simple, non-jargonistic language, it is easy to understand without being simplistic. The bulk of the spending 37% is on routine education, vocational skill development, environmental sustainability and slum development projects, though infrastructure development, social welfare and sports are slowly getting more money.
Is it here to stay or is it a temporary phenomenon? A must-read for all managers, management students, faculty, and business and civil society leaders. Recently she served as a Senior Advisor to the Nand and Jeet Khemka Foundation. It is surprising therefor that the extant literature and discourse on Indian philanthropy, has not explored the potential of this practice for providing essential funds for development efforts in the Muslim community. The work participation rate; the literacy rate and female literacy in particular; enrolment of children in public schools; the percentage of the Muslim population aged 20 years and above who are graduates; the employment rate, among others , are all lower than the national average. Sadaqat, on the other hand, is voluntary charity and the smaller source of funds. But these are feeble excuses since it is now over four years since the Act came into force in April 2014.
But the bad news is that the spend was less than the Rs 9,669 crore they were mandated to spend as 2% of profits. It is time, therefore, for a deeper assessment. What these should be are defined in Schedule 7 of the Act, which has been progressively broadened in recent years to include many more categories. By equating social responsibility with money contributions, the government seemed to imply that all that was required to be held socially responsible was to make the required contribution — almost like guilt money — and all other transgressions will be forgiven. The Act came into being in 2013, but it is only since April 2014 that the Act can be said to be operational. Since then she has worked in a variety of organizations, national, and international, non profit, government and corporate. While the emphasis is clearly put on business contributions to social development, the author briefly evokes some limits of philanthropy e.
But disaggregation of spending under some of the other categories shows the emergence of spending which was not quite what was envisaged at the time the Act was amended to make firms allocate a small part of their profits to socially responsible expenditure. Many of them believe in getting concrete evidence of the impact of their giving by using metrics. Unfortunately, several instances can be given of how companies are behaving irresponsibly on this front, even though they may be compliant with clause 135. Making an important distinction between charity and philanthropy , the book argues that while charity is alive and well in India , the country is short on philanthropy defined as altruistic giving on a large enough scale to bring about transformative social change in society. In this book, Pushpa Sundar's approach is refreshingly different for several reasons, and so merits the serious attention of lay readers as well as of the corporate world and management community.
At each of its phases, this movement is related to the transformations of modern Indian capitalism chapter 3. India has been a major recipient of International aid since its independence on account of its developmental gaps and wide income disparity; and yet it also ranks among the top four nations in the world in terms of the number of billionaires in dollar value. It unravels contemporary Indian philanthropy and the changes it has undergone—in the way it is practised today and the profiles of its donors. While the general project is analytical p. But this is because large private companies are concentrated there, and companies typically like to spend around the location of their operations.
A thermal power plant in an Adivasi area discharges jet black water onto the fields adjoining it and the villagers are being pressured to withdraw their complaints or to compromise with the company by taking the paltry compensation offered. The recent upsurge of personal wealth in India has coincidentally aroused an interest in Indian philanthropy, and not unnaturally, in its future. Conversely, more subversive activities deployed by a number of activists and civil society organizations in opposition to certain business practices are treated as a problem to be resolved—not, perhaps, as the expression of a political struggle to be investigated and accounted for p. All indicate a need to devote more resources for the development of the community. Her published work, apart from numerous published and unpublished professional papers, includes the following books:Giving With A Thousand Hands: The Changing Face of Indian Philanthropy. Conceived to bring more responsibility in all spheres of corporate functioning, and especially to improve corporate governance, the Act has become almost synonymous with corporate giving for social development because of its clause 135. This being so, the two questions which come to mind are: Is the pool of charitable contributions available in the community of a sufficient size to take care of the.