Active Stocks
Tue Apr 16 2024 09:54:35
  1. Tata Steel share price
  2. 161.55 0.40%
  1. NTPC share price
  2. 359.25 -0.58%
  1. HDFC Bank share price
  2. 1,494.10 -0.06%
  1. Infosys share price
  2. 1,445.50 -1.55%
  1. Power Grid Corporation Of India share price
  2. 274.80 0.24%
Business News/ News / India58,000 cr foreign funds to NGOs in 3 years: MHA
BackBack

₹58,000 cr foreign funds to NGOs in 3 years: MHA

₹18337.66 crore foreign funds were received by NGOs across the country in 2016-17, ₹19764.64 crore in 2017-18 and ₹20011.21 crore in 2018-19, MoS for Home Nityanand Rai said

There are around 22,400 FCRA registered NGOs in the country ( Photo: Priyanka Parashar/Mint)Premium
There are around 22,400 FCRA registered NGOs in the country ( Photo: Priyanka Parashar/Mint)

NEW DELHI : Over 58,000 crore foreign funds were received by NGOs registered under the Foreign Contribution Regulation Act between 2016-17 and 2018-19, the Lok Sabha was informed on Tuesday.

Union Minister of State for Home Nityanand Rai said 18337.66 crore foreign funds were received by NGOs across the country in 2016-17, 19764.64 crore in 2017-18 and 20011.21 crore in 2018-19.

There are around 22,400 FCRA registered NGOs in the country.

Reddy said the Foreign Contribution Regulation Act, 2010, is granted to associations or NGOs for five types of programmes i.e. religious, social, economic, educational or cultural, as mandated under section 11 of the Act.

The associations granted registration or prior permission have to mandatorily submit online the receipt and utilisation of foreign contribution received by them, he said in a written reply.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 15 Sep 2020, 06:44 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App