Quote

There has long been a debate in the aid community and in Africa about how to most effectively help situations of poverty in developing nations and underprivileged communities.

The notion that aid can alleviate systemic poverty, and has done so, is a myth. Millions in Africa are poorer today because of aid; misery and poverty have not ended but increased. Aid has been, and continues to be, an unmitigated political, economic, and humanitarian disaster for most parts of the developing world.

The insidious aid culture has left African countries more debt-laden, more inflation-prone, more vulnerable to the vagaries of the currency markets and more unattractive to higher-quality investment.

You have to build a culture of philanthropy. In a country like India, we need to be sensitive and caring about the poorer, more disadvantaged section of our country.

'Dead Aid' is about the inefficacy and the limitations of large-scale aid programs in creating economic growth and reducing poverty in Africa.

I think the tradition of philanthropy is far better developed in the U.S. than in India, as is the whole notion of giving away 50% of your wealth while you are still living and not waiting till you're gone.

I am one of the affluent rich living the good life. But I like to think that I am doing my bit to resolve the problems of Africa and am certainly committed to Africa in the long run.

There is a place and a time for philanthropy, and there is only so much money you can give away.

I've got to where am in life not because of something I brought to the world but through something I found - the wealth of African culture.

Africa has become the big game of the nation hunters. Today, Africa looms as the greatest commercial, industrial and political prize in the world.