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    FUND UTILIZATION BY NGOS

    NGOs lose foreign donation nod for failing to use funds

    The Indian government is taking action against non-profits holding unused foreign funds. Registrations are being cancelled for organizations that have not utilized foreign donations received years ago. A new bill aims to further tighten controls, potentially freezing funds and restricting asset management for these entities. This signals a shift towards greater accountability in the non-profit sector.

    Home Ministry extends FCRA validity for pending NGO renewals until March 2025

    The union home ministry has extended the FCRA registration validity for NGOs with pending renewal applications until March 31, 2025. This marks the twelfth extension since the FCRA Amendment Act, 2020. Several NGOs' licenses were canceled for violations, while 375 new licences, including those of prominent foundations, were issued this year.

    West Bengal's social welfare schemes key to social upliftment: UNICEF Official

    West Bengal's social welfare schemes, Kanyashree and Rupashree, have significantly contributed to the state's social upliftment, according to UNICEF-West Bengal's Monjur Hossain. Speaking at the 'Impact East 2024' conclave, he emphasized collaboration between government and private stakeholders for effective CSR fund utilization and skill development in the region.

    Govt recommends CBI probe against Oxfam India for alleged FCRA violations

    As per a home ministry statement, Oxfam India "continued to transfer foreign contributions to various entities even after registering under the FCRA", which prohibits such transfers.

    Centre makes FCRA stricter, amends seven points in 2011 rules

    The new rules, now renamed as Foreign Contribution (Regulation) Amendment Rules, 2022, came into effect on Friday (July 1) with the Ministry of Home Affairs (MHA) issuing a notification and its publication in the Official Gazette. The new rules are an amendment to the Foreign Contribution (Regulation) Rules, 2011.

    Twitter donates $15 mn to three non-profits tackling Covid-19 in India

    Twitter has donated $15 million to three non-profits working in India, CEO Jack Dorsey says in a tweet, even as the country continues to battle a crippling second wave of Covid-19 cases.

    The Economic Times
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