At least 119 Indians have been named in the EdelGive Hurun India Philanthropy List 2023 for being the largest donors of financial aid in charity.
HCL Technologies’ Shiv Nadar retained the title of ‘India’s most generous’ for the third straight year as he donated ₹2,042 crore during the fiscal year 2022-23, as per the report, which translates into an average of ₹5.6 crore per day.
Wipro’s Azim Premji and Zerodha co-founder Nikhil Kamath’s names are also there in the list for donating ₹5 crore or more during the last fiscal year.
Premji is second after Nadar, as he donated ₹1,774 crore during the year while Nikhil Kamath became the youngest philanthropist on the list by donating ₹110 crore during FY22-23.
As per the release, author Rohini Nilekani is the most generous woman philanthropist as she donated ₹170 crore during the year.
Reliance Industries chairman Mukesh Ambani and his family are ranked third by donating ₹376 crore while Adani Group chairman Gautam Adani and his family are ranked fifth with donations of ₹285 crore during the year.
Infosys co-founder Nandan Nilekani, who is known for his philanthropic activities, is ranked 8th on the list with donations worth ₹189 crore.
According to the EdelGive Hurun India Philanthropy List 2023, 119 Indians donated more than ₹5 crore during the year, which is 59% higher than the previous year and 200% higher than the 3-year-ago period.
Moreover, 14 individuals from India donated more than ₹100 crore. 24 individuals donated more than ₹50 crore, up by 100%, and 47 individuals donated more than ₹20 crore, up by 100%.
In the past year, a total of 62 philanthropists collectively contributed a staggering sum of ₹1,547 crore, in the field of Education, emerging as the most preferred recipient of their generosity. This was closely followed by donations of ₹1,345 crore allocated to Arts, Culture, and Heritage, and ₹633 crore dedicated to Healthcare.
The pharma industry has the largest number of philanthropists in the list of 2023, accounting for 17% while Chemicals and Petrochemicals is ranked second with 11%.