India ranks 106th on CAF World Giving Index, 2014

Image
Press Trust of India Mumbai
Last Updated : Dec 01 2015 | 9:42 PM IST
Despite India having the largest number of people who donate or volunteer time for good causes, it is still lagging behind when compared to the size of population ranking 106th on global index, according to a report by Charities Aid Foundation (CAF).
CAF is an international non-profit organisation which promotes effective giving and philanthropy worldwide.
Interestingly, the neighbouring Myanmar ranks first in the list, followed by the US and New Zealand.
As per the CAF World Giving Index, in 2014, more than 334 million Indians helped a stranger, more than 183 million gave money and more than 156 million volunteered time.
Representatives from the corporate sector, civil society organisations and students of Post Graduate Program in Development Management (PGDM) at SP Jain Institute of Management and Research (SPJIMR) exchanged ideas during the World Giving Index Roundtable here, organised by CAF India in association with SPJIMR.
The annual CAF World Giving Index is a study of global charitable behaviour based on surveys in 145 countries carried out by the American research firm Gallup.
"Wealth is not always the best measure of generosity. It's not always about how much money you are giving, but also about how we are engaging with beneficiaries. The WGI report has revealed that India still has the largest number of givers but as a proportion of our population, it's not huge," CAF India Chief Executive Officer Meenakshi Batra said in a statement.
The report found that the proportion of people in India donating to charity in 2014 had fallen to 20 per cent, down eight percentage points from 2013.
"It is important that the corporate sector integrate their social responsibilities with the objective of making money. The bridge needs to be crossed and this is where white papers like the World Giving Index are important," Yes Bank Assistant Vice President Responsible Banking Abhejit Aggarwal said.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 01 2015 | 9:42 PM IST

Next Story