-TheWire.in The State Bank of India has refused to reveal which political party received how much money through this. New Delhi: The sale of electoral bonds during the assembly elections in April this year was over 16 times more than what it was during the previous tranche of sales, in early January. This information was obtained from the State Bank of India through a Right to Information query. Though the RTI applicant had...
More »SEARCH RESULT
Total Matching Records found : 143
India tightens oversight on funds received by NGOs -Vijaita Singh
-The Hindu New guidelines to banks on Foreign Contribution (Regulation) Act rules. The Ministry of Home Affairs (MHA) has laid down a charter for banks which says that “donations received in Indian rupees” by non-governmental organisations (NGOs) and associations from “any foreign source even if that source is located in India at the time of such donation” should be treated as “foreign contribution”. As per the existing rules, all banks have to report...
More »Civil society gears up for big funds squeeze -Sayantan Bera
-Livemint.com * New norms on foreign donations and covid-19 could end up shrinking the money pool for philanthropy and CSR * Domestic philanthropic spending has grown at a fast clip, but a closer look reveals a bias on priorities set by Indian donors as well as the geographical spread of funds NEW DELHI: Arpan is a small non-profit working out of remote Pithoragarh district of Uttarakhand, bordering Nepal. It helps primitive tribal groups...
More »Here is why PM CARES should be scrutinised by the CAG -- not by independent auditors -Rohan Deshpande
-Scroll.in On Friday, the PMO refused to provide details about the fund under the Right to Information Act, stating that it was not a ‘public authority’. In the face of the coronavirus pandemic, Prime Minister Narendra Modi on March 28 constituted a brand-new trust fund for public contributions – the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund, bearing the catchy acronym of the PM CARES Fund. On Friday, the Prime...
More »PM CARES Fund Won't Be Checked By Government's Auditor, Say Sources -Sunil Prabhu
-NDTV The Prime Minister's National Relief Fund (PMNRF), which was set up in 1948, is not audited by the Comptroller and Auditor General of India (CAG) either. New Delhi: The Prime Minister's Citizen Assistance and Relief in Emergency Situations or PM CARES Fund, formed amid the coronavirus crisis to be a war chest for national crises, will not be audited by the Comptroller and Auditor General of India (CAG), sources told NDTV...
More »
