India’s philanthropy_ taking singles instead of hitting sixers – the american bazaar

India has some of the largest problems in the world. New innovations in world It has developing country problems, with millions suffering annually from malaria, malnutrition and anemia. New innovations in technology 2011 Nearly 400 million Indians do not receive the education they deserve.

New technological innovations 2015 But India also suffers from the problems of the affluent – a result of its fast-growing economy and large middle class. New innovations in technology 2015 This group drives cars that pollute the environment, suffers from cholesterol and heart disease from a high-fat diet, and lacks the professional skills for the global economy. Ttuhsc new innovations To solve these problems, India cannot rely on government alone. New innovations gme login It must identify new, scalable ideas with grants from the private sector.

Worldwide, philanthropy is the private engine that launches new ideas, build civil society organizations and provides proof of concept for transformative solutions. New innovations in battery technology The Indian government, a much larger parallel engine of change in India, hopes the philanthropic sector eventually brings a steady stream of such ideas and organizations to its doorstep for scale up and impact across India.

Based on the first three years of this legal requirement, many in India’s NGO sector don’t see this happening. New innovations in communication technology They see a sector that is still in the early stages of getting organized. New technical innovations They are confused by the lack of strategic planning, innovation, experimentation or engaged participation by CSR departments for India’s development. New and innovative business ideas Many NGO leaders chalk this up to the “newness” of philanthropy. Ir new technology innovations ltd Corporate social responsibility is a relatively new concept in India, and many Indian companies have often practiced philanthropy without calling it so. New innovation technology in india Corporates have often provided housing and subsidized living to their employees and communities, and they often keep thousands of unproductive or unnecessary employees on corporate rolls to prop up the communities in which they are based.

A new report, “India’s CSR: Taking Singles Instead of Hitting Sixers, ” provides an analysis of CSR and philanthropy in India today. New science innovations While many in the media and philanthropic sector have commented about India’s CSR spending requirement, there has been very little constructive reaction and feedback from NGO’s working in India – the very organizations receiving CSR funds. New innovation in electronics technology In interviews with 39 leaders of the world’s largest NGO’s working in India, the following three recommendations were repeatedly espoused as necessary for CSR spending to have any impact on Indian society.

• Emphasize the Corporate in CSR: Engage all parts of the corporation to assist NGO partners and make them better at operations, finance, marketing and governance

• Focus on impact: Instead of funding short-term, internal projects, CSR departments and philanthropy should have long-term strategies to scale external partners, NGO’s and impact public policy.

Over the next decade, there are two major global treaties that India’s CSR community will be partially judged by. New innovations in information technology 2013 The first is the United National Climate Change Agreement, or COP 21, which ties India to global climate change reduction goals. Lsu new innovations And without any guarantees of support from the West, the CSR sector will provide critical grants to experiment with new solutions in the areas of cleantech, conservation and behavior change. New innovations in it technology If the governments of the West don’t promote tech transfer, it will be corporates that must push for it. New ideas and innovations llc In addition, India has committed to the United Nations Sustainable Development Goals (SDG’s), which ambitiously target the elimination of global poverty and the advent of sustainability by 2030. New ideas and technology Indian CSR and philanthropic organizations must aggressively benchmark its activities to the SDG as a means of informing policy makers.

The next decade will be very exciting for Indian philanthropy. New innovations duty hours The combination of mature grant-makers, a robust economy, new technology platforms means give India’s civil society and philanthropic sector new hope to address major challenges that had previously been viewed as too big to impact.

(Nish Acharya is the author of the The India-U.S. New it innovations Partnership: $1 Trillion by 2030 . New innovations in technology 2012 Acharya, who served the Obama and Clinton administrations, is also a principal at Equal Innovation, LLC, a strategy consulting and investment group working with universities, governments, foundations, and companies to assist them with innovation, entrepreneurship, and globalization strategies. New ideas and innovations He serves as a member of the Council on Foreign Relations, the Bretton Woods Committee, The Indus Entrepreneurs, and the Clinton Global Initiative.)

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