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FCRA Registration UPSC NOTE

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  Why in news The Union Home Ministry on Thursday extended the validity of the Foreign Contribution (Regulation) Act (FCRA) registration of...

 Why in news

  • The Union Home Ministry on Thursday extended the validity of the Foreign Contribution (Regulation) Act (FCRA) registration of non-government organisations (NGOs) and associations till June 30.

  • Registrations of many NGOs are up for renewal since September 29, 2020

  • The registration, mandatory to receive foreign funds, is renewed every five years.

  • The Ministry has extended the validity of NGOs at least nine times since 2020 as the applications could not be processed within the stipulated time frame.

FCRA

  • The FCRA Act stands for the Foreign Contribution (Regulation) Act, 2010

  • It's a law in India that regulates how organizations and individuals can accept and use foreign donations.

Purpose:

  • Ensures foreign contributions come from legitimate sources and are used for legitimate purposes.

  • Prevents foreign funding from being used against India's national interest.

Applicability:

  • Applies to any person or organization that wants to receive foreign donations.

  • Extends to Indian citizens abroad and foreign branches of Indian companies.

Key Regulations:

  • Requires registration or prior permission from the government for most organizations to accept foreign funds.

  • Restricts how donations can be used, with limitations on administrative expenses.

  • Mandates reporting on how foreign contributions are received and utilized.


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Learnerz IAS | Concept oriented UPSC Classes in Malayalam: FCRA Registration UPSC NOTE
FCRA Registration UPSC NOTE
Learnerz IAS | Concept oriented UPSC Classes in Malayalam
https://www.learnerz.in/2024/03/fcra-registration-upsc-note.html
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