GOVT. EXTENDS VALIDITY OF FCRA REGISTRATION OF NGOS TILL JUNE 30
Why in the news?
The Union Home Ministry extends FCRA registration validity for NGOs till June 30 due to delays in processing applications.
source:medium
About the FCRA Registration Extension:
- The Union Home Ministry extends the validity of FCRA registration for NGOs and associations until June 30.
- Many registrations were due for renewal from September 29, 2020, with a mandatory renewal every five years.
- The Ministry has extended validity nine times since 2020 due to processing delays, with recent orders extending certificates till June 30, 2024.
What is FCRA Foreign Contribution Regulation Act ?
● Enacted in 1976 during the Emergency period to regulate foreign donations and prevent interference in India’s affairs. ● Amendments: ● 2010: Consolidation to regulate foreign contributions, preventing activities against national interest. ● 2020: Prohibits transfer of foreign funds, limits administrative expenses to 20%. ● Registration and Regulation: ● Essential for receiving foreign donations. ● Applicants must open a designated bank account in New Delhi’s State Bank of India branch. |