• UGI USER
  • Mar 05, 2023
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FCRA License Of The Centre For Policy Research Suspended

News: After first indications of a financing standard breach, the Center suspended the Centre for Policy Research’s (CPR) Foreign Contribution Regulation Act (FCRA) licence.

 

The Foreign Contribution Control Act was passed in 1976 during the Emergency as a result of concerns that foreign governments were funding independent organisations to meddle in India’s internal affairs.

To open a bank account at the State Bank of India, Delhi, for the receiving of foreign funds, a person or Organisation must be registered under the FCRA, according to the law.

to only use such money for the purposes for which they were intended when they were received and as specified by the Act.

CPR:

 

According to the CPR website, the Government of India recognises CPR as a not-for-profit organisation, and donations to the Center are tax-exempt.

CPR is an organisation that receives funding from the Department of Science and Technology and is recognised by the Indian Council for Social Science Research (ICSSR).

The CPR draws funding from a range of national and international organisations, including foundations, businesses that practise corporate philanthropy, governments, and multilateral organisations.