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FCRA UPSC NOTE

 Why in news

  • The Union Home Ministry cancelled the Foreign Contribution Regulation Act (FCRA) registration of the parent entity of the non-profit Centre for Financial Accountability (CFA), which monitors and critically analyses the role of financial institutions and their impact on development, human rights, and the environment.

  • 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 UPSC NOTE
FCRA UPSC NOTE
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Learnerz IAS | Concept oriented UPSC Classes in Malayalam
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