The government has introduced a significant amendment to the Foreign Contribution (Regulation) Act, 2010, to tighten oversight of foreign-funded NGOs. The bill proposes a powerful new 'Designated Authority' to seize and manage assets of organizations that lose their FCRA licence, addressing perceived legal gaps in managing foreign contributions.
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- ›FCRA Registered Associations: Approximately 16,000
- ›Annual Foreign Contribution: Around ₹22,000 crore
- ›Target this Data: Approximately 16,000 associations receive around ₹22,000 crore annually under FCRA.
- ›Target this Nodal Body: Ministry of Home Affairs (MHA) administers the FCRA.
- ›Target this Legal Point: New Chapter IIIA introduced for a 'Designated Authority'; Section 15 of FCRA deals with vesting of assets.
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