Title : THE FOREIGN CONTRIBUTION REGULATION ACT
Date : Dec 21, 2021
Topic à Government Policies & Interventions:
- The Foreign Contribution (Regulation) Act (FCRA) of 2010 is a federal law that regulates foreign contributions.
- Foreign funding of volunteer groups in India is governed by the Foreign Contribution Regulation Act (FCRA), which is enforced by the Ministry of Home Affairs.
- Organizations are required to register every five years under the Act.
- All NGOs registered or granted prior approval under the FCRA must now upload details of foreign contributions received and used every three months on their website or the FCRA website, according to the updated FCRA guidelines.
- NGOs must now file their annual reports online, and the hard copy version is no longer required. The annual returns must be posted quarterly on the NGO's website or the home ministry's FCRA website.
- Who is eligible to accept foreign contributions:
- After obtaining registration or previous approval from the Central Government, a person with a specific cultural, economic, educational, religious, or social programme can receive foreign contributions.
- Who is not eligible to accept foreign contributions:
- Candidate contesting election
- Any legislator's member (MP and MLAs)
- A political party or one of its office bearers
- A political organisation is a group of people who work together to achieve a common goal.
- Editor, owner, printer, or publishers of a registered newspaper. Correspondent, columnist, cartoonist, editor, owner, printer, or publishers of a registered newspaper.
- A judge, a government employee, or an employee of a corporation or other entity controlled or owned by the government.
- Association or business that produces or broadcasts audio news, audio visual news, or current affairs programmes over any electronic medium.
- Any other individuals or organisations that the Central Government has expressly outlawed
- Source à The Hindu à 18/12/21 à Page Number 8
Tags : fcra, black money