-The Hindu Making it compulsory to open a bank account in Delhi among others acts an impediment, they say The amendments to the Foreign Contribution Regulation Act (FCRA) enacted last year that among others made it compulsory for NGOs to open a bank account in Delhi has crippled the work of many organisations who are unable to receive foreign funds. Registered NGOs can receive foreign contribution for five purposes — social, educational, religious,...
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Rent issues as an ignored COVID stress point -Mewa Bharati and Juhi Jotwani
-The Hindu The second wave has amplified the issue of rent which does not draw much attention as food and income support do As State governments have begun implementing weekend curfews and lockdown-like conditions amid the second wave of COVID, there is another issue that is emerging — rent crises within informal rental housing markets. For example, domestic workers in Jaipur, Rajasthan, have begun reporting to the Rajasthan Mahila Kamgar Union (RMKU)...
More »FCRA rules hit overseas COVID aid to hospitals, NGOs -Vikas Dhoot
-The Hindu FCRA approvals take a lot of time, the government needs to urgently grant an exemption for all such donations, tax and legal experts said. Indian entities, including hospitals and charitable trusts, hoping to receive COVID-19 relief material from overseas individual donors or donor agencies, could be in trouble, unless they are registered under the Foreign Contribution Regulation Act (FCRA) with a stated objective involving provision of medical care. On May 3,...
More »Taxes On Covid-Related Drugs, Equipment Are Unacceptable
-NDTV The government is taxing people who buy Covid-related medical drugs like Remdesivir and others, as well as taxing the supplements and medical grade oxygen for oxygen cylinders, with a tax as high as 12 per cent. New Delhi: Indian and global medical experts are shocked at the Indian government making money off the sick and dying. Every expert consulted for this report said this has to stop. A family that buys an...
More »Over 7.5 Million Jobs Lost in April: Experts Call for Fresh Relief Package for Marginalised -Ronak Chhabra
-Newsclick.in According to CMIE data, the national unemployment rate in April registered a four-month high of 7.97% – with urban and rural joblessness at 9.78% and 7.13% respectively – as against the previous month’s figure of 6.50%. The recent surge in COVID-19 cases has sent the pandemic spiralling anew in the country, with its impact visible not just on the already strained healthcare infrastructure but also on the economic front – particularly...
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