Home / Latest News / 9,000 NGOs lose license

9,000 NGOs lose license

April,28,2015: The Union government has cancelled licences of nearly 9,000 NGOs for violation of Foreign Contribution Regulation Act (FCRA).

NGOs
NGOs

In an order, the Home Ministry said that notices were issued to 10,343 NGOs for not filing annual returns for the year 2009-10, 2010-11 and 2011-12.

The notices were served on October 16, 2014 saying that the NGOs should file their annual returns within a month specifying amount of foreign funds received, sources of such funds, for which purpose they were received and the manner in which they were utilised. Out of the 10,344 NGOs, only 229 replied.

There was no reply from the remaining NGOs leading to cancellation of their registration.

Read the Full Text of

Foreign Contribution Regulation Act,2010

Facebook Comments

Check Also

Bitcoins

Bitcoin in Trouble: Top Indian Banks suspend accounts of major Bitcoin Exchanges

January 20,2018: It has come to light that action has been initiated against at least top 10 Bitcoin exchanges including Zebpay, Unocoin, CoinSecure, and BtcxIndia. In a bid to crackdown on the dubious cryptocurrency transactions, top Indian banks have suspended ...

Leave a Reply

Your email address will not be published. Required fields are marked *