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Philanthropy Pie Boosted Mainly by Individual, Family Contributions in FY'20: Report


Philanthropy Pie Boosted Mainly by Individual, Family Contributions in FY 20: Report
While increasing marginally, the share of philanthropic contribution by domestic companies and foreign sources decreased in the overall pie in FY 20 in comparison to FY 19.
Representative image. Photo: Perry Grone/Unsplash, (CC BY-SA)
Business16/Mar/2021
New Delhi: The share of philanthropic contribution by domestic companies declined from 29% in FY’19 to 28% in FY’20 in the overall pie, according to the 11th edition of the India Philanthropy Report 2021.
The share of foreign funding, which has seen an increased scrutiny by the central government, has also declined from 31% in FY’19 to 25% in FY’20. ....

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Wholesale Price Index (WPI) Inflation: Wholesale Inflation Rose To 4.17% In February Due to Higher Food, Fuel Prices


WPI Inflation: The retail inflation for the month of February 2021 surged to 5.03 per cent
The wholesale price index (WPI) inflation rose sharply to 4.17 per cent in February compared with 2.03 per cent in the month of January  The rate of inflation, based on monthly WPI, stood at (4.17 per cent) (provisional) for the month of February, 2021 (over February, 2020) as compared to 2.26 per cent during the corresponding month of the previous year, the Ministry of Commerce & Industry said in a statement.
The index of primary articles increased by 1.04 per cent to 145.4 in February, 2021 from 143.9 for the month of January, 2021, while the prices of crude petroleum and natural gas increased by 6.50 per cent and food articles rose 0.51 per cent, the Ministry of Commerce said. ....

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India's retail inflation rises to 5.03% in Feb; January IIP contracts 1.6%


India s retail inflation rose to 5.03 per cent in February, mainly on account of higher food prices, according to the government data released on Friday. The consumer price index (CPI)-based inflation was 4.06 per cent in January 2021 and was 6.58 per cent in February 2020.
Food inflation rose steeply to 3.87 per cent in February, compared to 1.89 per cent in the previous month.
The core inflation, which measures growth in the consumer price index after removing the food and fuel components stood at 5.8 per cent as against 5.7 per cent in the previous month.
Meanwhile, the Index of Industrial Production (IIP) contracted 1.6 per cent for January 2021, according to the data released by the Ministry of Statistics and Programme Implementation (MoSPI). ....

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