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Foreign cash for parties

-The Telegraph New Delhi: The Centre today told the Supreme Court that political parties that received donation from Indian subsidiaries of foreign companies could not be said to have flouted the Foreign Contribution Regulation Act as Parliament had amended the relevant provision in 2010. Neither the BJP nor the Congress had, therefore, violated the FCRA in receiving donations from the Vedanta Group's Indian subsidiaries between 2007 and 2009, the Centre contended. Hence,...

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Govt cancels FCRA licences of over 11,000 NGOs as they fail to seek renewal -Bharti Jain

-The Times of India NEW DELHI: The Union home ministry cancelled the licence of 11,319 NGOs on Thursday under the Foreign Contribution Regulation Act (FCRA), 2010, after they failed to apply for its renewal within the deadline of June 30, 2016. The validity of FCRA registration of these NGOs had been extended until October 31, 2016 (the earlier deadline being September 30) vide a home ministry order dated March 29, 2016. However,...

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How corporates and not-for-profits can defeat hunger -Madhu Pandit Dasa

-DNA India is effectively the first country to mandate a minimum CSR spend. How to make use of it. Malnutrition is one of the many problems arising from uneven distribution of resources that plague the country today. The UN Food and Agriculture Organization (FAO) states that 194.6 million people in the country are undernourished. It is ironic that one of the largest economies in the world is also a home to...

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Likely soon: NGOs? FCRA data for govt?s ready perusal -Bharti Jain

-The Times of India NEW DELHI: The government may soon require all NGOs registered or granted prior permission to receive foreign funds under the Foreign Contribution (Regulation) Act, 2010, to allow the Centre to access details of their FCRA accounts in real time. According to amendments proposed by the Union home ministry to the Foreign Contribution (Regulation) Rules (FCRR), 2011, the NGOs may give the consent in writing at the time of...

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Foreign funds pour in; 3,000 NGOs get over Rs. 22,000 cr. -Samarth Bansal

-The Hindu As of July 2016, 33,091 NGOs were registered under the Foreign Contribution Regulation Act, which regulates foreign funding to these bodies. A total of 3,068 non-governmental organisations (NGOs) received foreign funding above Rs. 22,000 crore in 2014-15, according to government data presented in response to a question in Parliament. These are NGOs who reported receiving more than Rs. 1 crore from foreign donors. This amount was 83.3 per cent (nearly double)...

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