Skip to content

“Are India’s rich charitable? Not very, study shows”

March 29, 2010

According to an article on indiatimes.com, the number of wealthy of Indians has increasing by a steady pace (approximately 11%) – however, these same people do not engage in charitable giving to the same extent. Two examples are Reliance Industries’ Mukesh Ambani and Lakshmi Mittal. According to this article, those with the most money contribute the least to charitable giving. The fact that industrialists and wealthy people in India are reluctant to donate more surprises me, due to the extensive poverty in the country. Any thoughts?

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: