New Delhi:

Mark Suzman, CEO of the Bill & Melinda Gates Foundation, has said that India has become an incredible exception in economic growth and a dynamic philanthropic market.

In an exclusive interview with news agency ANI, CEO Suzman said, “We also have many other partners in India, and India has become an incredibly dynamic philanthropy market. This is another area that has seen growth. I The annual growth in charitable giving seems to outpace overall economic growth, which is great to see. We hope this can happen on an even larger scale, because we think it’s an incredible model for the world, And it’s been very encouraging.”

He said that this time the investment will be double.

He said, “The focus is two-fold. One is essentially to announce our new budget of $8.6 billion, but to announce it in the context of larger, growing global needs. India is an exception in terms of economic growth and dynamism these days. Is.” Work is underway and we are seeing significant improvements in health care and poverty reduction. “In fact, many other parts of the world are becoming poorer, and their per capita incomes have yet to reach their pre-COVID levels.”

“A big part of my letter is a call to action to increase spending and resources on interventions, health interventions, AI interventions and agricultural interventions. It is especially a call to action on not only governments, but also philanthropies because a group of people “The world’s billionaires have done relatively well over the past decade,” said Mark Suzman.

According to the Bill and Melinda Gates Foundation’s website, it works to help all people live healthy, productive lives, with the belief that every life has equal value.

In developing countries, it focuses on improving people’s health and giving them a chance to escape hunger and extreme poverty.

Based in Seattle, Washington, the Foundation is led by CEO Mark Suzman under the direction of Co-Chairs Bill Gates and Melinda French Gates and a Board of Trustees.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)