Ideas of India cover image

Rohini Nilekani on Society, State and Markets

Ideas of India

CHAPTER

The Importance of Philanthropy in India

In India we have you know not a great track record of professionally run philanthropies and there are many reasons for it so in India most people really think about giving as charitable giving to the end goal. After liberalization India sort of created a new class of people who entered the business sector they had professionally run firms. Infosys is famous for being one of the very few large conglomerates where the founders insisted that none of their children will take over the running of Infosys after they stepped down.

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