Foreign Contribution (Regulation) Act (FCRA) 2010 #GS-02 Governance For Prelims Provisions of the Act: The act makes it mandatory for all NGOs to receive foreign funds in a designated bank account at the State Bank of India’s New Delhi branch was inserted. All NGOs seeking foreign donations have to open a designated FCRA account at the SBI branch. No funds other than […]

Foreign Contribution (Regulation) Act (FCRA) #GS-02 Governance For Prelims: Foreign Contribution (Regulation) Act (FCRA) 1976: The FCRA was enacted during the Emergency in 1976 amid rising concerns about foreign powers interfering in India’s affairs by pumping money into the country through independent organisations. The law […]