Charity brings billion-dollar smile- The Times of India: " decade ago, when the country's economy and markets were on a high, India's religious and charitable institutions had the enviable experience of being recipients of generous private donations from foreigners.
This fiscal could well mirror the trend of 1995-96. At a time when the economy is on a relatively high growth trajectory, munificence reminiscent of the inflows of a decade ago appears to be well underway. Inflows in the form of private donations from foreigners to religious and charitable institutions in India, which had topped the $1-billion mark in 1995-96, could well reach those levels again. "
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