India’s golden age of philanthropy is within reach
SummaryOur emergent golden age of giving can serve a strategic purpose in helping us transform the economy over the next 25 years
I returned to India after business school in the late 1990s. While it is no small feat that our gross domestic product (GDP) has grown from about $420 billion to $3 trillion, and the poverty rate has dropped to around 10%, we are still far from becoming a developed country. Considering our rapid growth since 1991, India will reach a per-capita income of some $15,000 by India@100 in 2047. What role can philanthropy play in accelerating economic growth that is both inclusive and sustainable?