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Private firms lag in social sector funding
Mint Chennai
|February 28, 2025
Fund flow into India's social sector fell short of government think tank NITI Aayog's recommendation for 2023-24 by about ₹14 trillion ($170 billion), according to a report by consulting firm Bain and Co. and philanthropy fund Dasra.
While this was chiefly because of lower contributions from the private sector, public sector contributions helped boost funding into the social sector by 13% over five years—to ₹25 trillion ($300 billion) in 2023-24, according to the report. NITI Aayog recommends social sector funding to be 13% o
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