Brands
YSTV
Discover
Events
Newsletter
More

Follow Us

twitterfacebookinstagramyoutube
Yourstory
search

Brands

Resources

Stories

General

In-Depth

Announcement

Reports

News

Funding

Startup Sectors

Women in tech

Sportstech

Agritech

E-Commerce

Education

Lifestyle

Entertainment

Art & Culture

Travel & Leisure

Curtain Raiser

Wine and Food

Videos

ADVERTISEMENT

Govt proposes to tighten noose around foreign funding for NGOs

Govt proposes to tighten noose around foreign funding for NGOs

Friday June 19, 2015 , 2 min Read

Every NGO receiving foreign funds will have to put out details of it within one week on its website while banks will have to report about such donations to the government within 48 hours of such receipts.


yourstory_ngo_ban

These are part of the proposed changes in the Foreign Contribution (Regulation) Rules suggested by the Home Ministry seeking to tighten the noose around erring NGOs. The Ministry has also suggested that banks will have to inform it within 48 hours of receipt of foreign funds by any NGO.

Earlier, NGOs were mandated to put in public domain details if receipt of foreign donations by them were in excess of Rs one crore and the same was also done only at the end of the financial year. Earlier, banks were supposed to inform the government within 30 days only if a foreign contribution to any NGO exceeded Rs one crore in a single transaction or over a period of 30 days.

According to PTI, another change has been brought in the form which is supposed to be filled up online for registration or renewal of license for NGOs. The Home Ministry has introduced a new declaration that the NGO must make it clear that the foreign aid received by it will not be used for any activities “detrimental to national interest, likely to affect public interest, or likely to prejudicially affect the security, scientific, strategic or economic interest of the state.”

NGOs will have to also submit details of any social media account on Facebook or Twitter being operated by them.

Image Credit : Shutterstock


Related Stories :

Government cancels licences of nearly 9,000 NGOs. Time to clean up

NGOs protest Greenpeace shut down, claims government’s lack of natural justice

NGOs fight back license cancellation claiming voices of dissent and not irregular finance is the real issue

Licence cancellation of NGOs continue, 4,470 more sacked