Home Ministry has directed over 1200 NGOs across the country to validate their bank accounts in which they receive foreign contribution. <br/><br/>In a circular, the Ministry said, a number of such non-governmental organisations have not validated their foreign contribution designated accounts which are causing problems for the banks to comply with the Foreign Contribution Regulation Act (FCRA) provisions. <br/><br/>AIR correspondent reports, the Ministry , all NGOs registered under the FCRA should receive foreign donations in a single designated bank account. <br/><br/>The Ministry said, these associations are required to validate their foreign designated accounts and also the utilisation accounts immediately and send the details. It said, non-compliance may lead to penal actions as per FCRA 2010. <br/><br/>The Centre has already cancelled registration of more than ten thousand NGOs in the last three years for alleged non-filing of annual returns as mandated in the FCRA.<br/>
News On AIR | September 14, 2017 12:00 PM
Govt directs over 1200 NGOs to validate their bank accounts