Pre-Budget Expectation Quote – Dasra

By Neera Nundy, Co-Founder and Partner, Dasra.

“The COVID-19 pandemic has substantially affected millions of Indians, especially many underprivileged communities. We must urgently rebuild India with collaborative action. The government should consider increasing private philanthropy through estate and inheritance tax incentives. In fact, philanthropy has steadily grown to INR 64,000 crore in fiscal year 2020, up nearly 23% from the previous year so there is even greater potential to channel more funds. In fact, to meet the sustainable development goals, we need to enhance our collective support to NGOs and accelerate civil society engagement- they are and continue to be the front line tackling COVID- philanthropy and the government must back them with flexible budgets and more resources.”