Foreign Contribution Regulation Act (FCRA)

• enacted during the Emergency in 1976
• An amended FCRA was enacted in 2010 to “consolidate the law” on the utilization of foreign funds, and “to prohibit” their use for “any activities detrimental to the national interest”.
• The law was amended again in 2020, giving the government tighter control and scrutiny over the receipt and utilization of foreign funds by NGOs.

Law

1. registered under the Act
2. to open a bank account for the receipt of the foreign funds in State Bank of India, Delhi
3. to utilize those funds only for the purpose for which they have been received and as stipulated in the Act.

Source: IE

Visit

1. https://indianexpress.com/