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Indian-American diaspora can give more aid to India than US government

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Washington: The Indian-American diaspora among the top ten percent earners in the US has the capacity to give to India at levels that could be more than official US development aid there, according to a new report.

Indian-Americans are expanding their philanthropy from giving to family and community to giving to broader-based social causes aimed at addressing India’s most challenging problems, noted the report released Monday by the Bridgespan Group.

Approximately 3.5 million Indian-Americans and their children are living in the US States. The India-born population is a rapidly evolving and fast-growing diaspora group, noted the Group, an advisor for not-for-profit organizations and philanthropists.

“The Indian diaspora in the United States is positioned to help now more than ever before,” said Rohit Menezes, a Bridgespan partner who leads the organization’s India office.

“Indian immigrants have fared well and amassed significant wealth. It is our aim to encourage donors to give more to India and to do so more effectively,” he said.

The report notes that Indian-headed households have a median annual income of $89,000 (compared to a US median of $50,000), and 27 percent of Indian households earn more than $140,000, putting them in the top 10 percent of earners nationally.

The combined annual discretionary income of Americans of Indian origin is approximately $67.4 billion.

“If their philanthropic contributions were consistent with those of other US households in similar income brackets, and they directed 40 percent of their philanthropy to India, $1.2 billion per year would flow from Indian diaspora donors to Indian causes, as compared to current US foreign aid to India ($116.4 million in FY 2014),” the report noted.

And it represents over half the entire amount of annual official development aid received by India from all countries-$2.2 billion, on average, from 2005 through 2013.

The report also points to significant nonfinancial assets the diaspora community has to offer.

“Indian-Americans are highly educated and well represented in science, technology, engineering and math (STEM) professions, in technology and entrepreneurship, and increasingly occupy roles of political and social influence in the US,” said Menezes.

“This achievement, combined with familiarity with Indian culture and communities, positions Indian-Americans well to increase involvement in building the capacity and professionalism of India’s civil society organizations and the philanthropic entities that support them.”

The Bridgespan Group along with Stanford Social Innovation Review and Dasra have also launched “Impact India “- a joint publication on strategic philanthropy in India.

It represents trends in giving by Indian-Americans back to India, and the impact of these funding flows. The giving could also be in non-monetary terms.

(Arun Kumar, IANS)

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India Says Pakistan’s Links with Pulwama Attack Clear For All to See

He said while there are claims to offer dialogue from Pakistan, it continues to shelter terror outfits

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Arun Jaitley
"The most favoured nation status which has been granted to Pakistan stands withdrawn.", says Jaitley. Pixabay

India has rejected Pakistan Foreign Secretary Tehmina Janjua’s claims denying her country’s links to the Pulwama terror attack, saying that JeM, which claimed responsibility for the attack on Thursday, is based in Pakistan, and the “links are clear and evident and for all to see”.

The External Affairs Ministry spokesperson on Friday termed as “preposterous” the demand for an investigation, saying there is a video of the suicide bomber declaring himself a member of the terror group Jaish-e-Mohammed (JeM).

The spokesperson said India has not seen any constructive approach from Pakistan on bilateral relations and it has been sheltering terrorists and terror organisations such as JeM. He said Islamabad has not taken any action against such groups despite international demands.

India also demanded that Pakistan take immediate and verifiable action against terrorists and terror groups operating from territories under its control to create a conducive atmosphere in the region free of terror.

The spokesperson’s response came over Pakistan Foreign Secretary’s briefing rejecting Pakistan’s involvement in the terror attack on a paramilitary convoy in Jammu and Kashmir that killed at least 45 troopers. Janjua met envoys of P-5 countries late on Friday.

The spokesperson said JeM has claimed responsibility for the attack.

The Ministry of Foreign Affairs said in a statement that the attack was a matter of “grave concern” and it had been condemning “heightened acts of violence in the (Kashmir) Valley”. Pixabay

“The organisation and its leadership are located in Pakistan. LeT and other terror groups have welcomed the news of the attack. These groups are also based in Pakistan. Pakistan cannot claim that it is unaware of their presence and their activities.

“They have not taken any action against these groups despite international demands, especially against groups and individuals proscribed by the UN and other countries. The links to Pakistan are clear and evident for all to see. Its own Ministers have shared the same podium with UN proscribed terrorists,” the spokesperson said.

He said there was audio-visual material linking JeM to the terror attack.

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“The demand for an investigation is preposterous when there is a video of the suicide bomber declaring himself a member of the JeM. There are also other audio-visual and print material linking JeM to the terrorist attack. We have therefore no doubt that the claim is firmly established,” the spokesperson said.

He said while there are claims to offer dialogue from Pakistan, it continues to shelter terror outfits.

“We have not seen any constructive approach from Pakistan on relations with India. What we have noticed however, are claims to offer dialogue on the one hand, while sponsoring and sheltering terrorists and terrorist organisations such as JeM on the other,” the spokesperson added. (IANS)