Parliament Passes Bill For Greater Transparency On Foreign Funding Of NGOs
FCRA Bill: Replying to a discussion on the bill, Minister of State for Home Nityanand Rai said the legislation was not against any NGO and is an effort to maintain transparency.
Parliament today approved a bill to make it mandatory for office bearers of NGOs to provide their Aadhaar numbers at the time of registration and also bring various other changes.
In the midst of the Opposition blacklist of procedures over the suspension of eight MPs, Rajya Sabha consistently passed The Foreign Contribution (Regulation) Amendment Bill, 2020.
Answering to a conversation on the bill, Minister of State for Home Nityanand Rai said the enactment was not against any NGO and is a push to look after straightforwardness.
This alteration is in light of a legitimate concern for NGOs which need to accomplish great work in the nation.
The bill was passed in Lok Sabha on Monday and will currently be sent to the President for his consent.
The pastor said the bill accommodates a decrease in managerial costs of any NGO getting unfamiliar subsidizing, from 50 percent to 20 percent of yearly assets to guarantee to spend on their primary destinations.
Among different arrangements, the bill proposes to empower the Center to permit an NGO or relationship to give up its FCRA declaration.
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