India’s Philanthropy Spending Grows, Development Goals Elusive
The NonProfit Times
APRIL 15, 2024
The $146 billion deficit between need and current contributions is seen as growing to nearly $183 billion in FY 2028, when estimated funding of $511 billion will fall short of an anticipated $694 billion need. NITI Aayog sources estimated the demand for philanthropic aid in India at $426 billion during FY2023.
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