A recent study released by the Centre for Asian Philanthropy and Society (CAPS) indicates that Asia receives 29 per cent of the lion's share of private donations made globally for education with most of it centering around advanced degrees.
On a global scale, Asia received donations of $608 million compared to $592 million for Africa and $386 million for Latin America.
India ranks at the top of a list of 10 beneficiaries of educational support from both domestic and foreign sources according to surveys conducted by the Organisation for Economic Co-operation (OECD) with $290 million in aid, almost three times