Murthyspeak: Do distribute wealth

There are about 2 million NGOs and other development group in India. However, Murthy said, these groups are not organised. Further, people who donate are also of sceptical that their donations might not be put to good use. This is the main reason why in India only 1.7 per cent of the household income goes towards philanthropy, while in Indonesia, 6 per cent of the household income is spent for the same.

Stating that in the last few years Indians have become more concious about philanthropy, Murthy quoted from a survey which stated that almost 83 per cent of the companies surveyed felt that corporate social responsibility is an integral part of their business.

Making a strong case for affluent people donating money to worthy causes, Murthy said that in the US almost 83 per cent of the population are involved in philanthrophy and this has helped the country tackle its social problems. Another problem with philanthrophy in India is that most of the donations are made to religious bodies, Murthy said, adding that in Infosys, 8216;8216;We have taken a concious decision to stay away from giving donations for religious purposes8217;8217;.