The article argues that India's philanthropic future rests on domestic giving, not foreign funding. With domestic private philanthropy at ₹1.18 lakh crore—over five times foreign inflows—the debate around FCRA should shift from restriction to building an 'Atmanirbhar' ecosystem via better regulation, tax incentives (like raising 80G deductions), and wider donor participation through digital platforms like the Social Stock Exchange.
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- ›Domestic Philanthropy (2026): ₹1.18 lakh crore (Bain-Dasra Report)
- ›Annual CSR Spend: Over ₹40,000 crore
- ›Target this Data: ₹1.18 lakh crore (domestic philanthropy), ₹22,000 crore (foreign contributions), 14,500 (active FCRA NGOs out of 6 lakh), 50% (current 80G deduction), 220 million (demat accounts).
- ›Target this Nodal Body: NITI Aayog (manages NGO Darpan portal); SEBI (regulates Social Stock Exchange).
- ›Target this Legal Point: Foreign Contribution (Regulation) Act (FCRA); Section 80G of Income Tax Act; Section 135 of Companies Act (CSR).
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