IFB Agro’s recent declaration of paying Rs 40 crore to political parties through electoral bonds in the first nine months of the financial year 2023-2024 has sparked significant scrutiny and shed light on the intricate interplay between corporate interests, political dynamics, and societal challenges. The revelation, amounting to three times the company’s after-tax profits for the same period, underscores the scale and implications of corporate contributions to political entities. IFB Agro, with...

India stands at a critical juncture in its journey towards inclusive growth and equitable development, yet the specter of persistent inequalities looms large despite the nation’s economic strides. The latest findings from the India Philanthropy Report 2024, jointly authored by Dasra and Bain & Co., underscore the urgent need to bridge the widening chasm in social sector spending. In fiscal year 2023, India’s social sector spending amounted to approximately ₹23 trillion ($280...