What is the Foreign Contribution (Regulation) Act, 2010? | Shaalaa.com
What is the Foreign Contribution (Regulation) Act, 2010? | Shaalaa.…
Sep 17, 2024
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#IDRExplains | Foreign Contribution (Regulation) Act, or FCRA, is an act in the Indian Constitution, the purpose of which is to regulate the acceptance and utilisation of foreign contribution or foreign hospitality by certain individuals or associations or companies and to prohibit acceptance and utilisation of foreign contribution or foreign hospitality for any activities detrimental to the national interest and for matters connected therewith or incidental thereto. The intention behind this ac
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The Foreign Contribution (Regulation) Amendment (FCRA) Bill, 2020 is the law which provides the framework for organisations in India to receive and utilise grants from foreign sources. This primarily affects non-governmental organisations (NGO) in the country. Governments have argued that the receipt and use of foreign grant funds need to be regulated to ensure that they are not used to hurt the national interest. The latest amendment Bill seeks to ban the inter-NGO transfer of foreign funds. |
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