|
Enacted in the year 1976 Foreign Contribution Regulation Act (FCRA)
1976 is an act that tends to regulate the flow of foreign funding
to the voluntary sector. In the past there have been several
attempts to modify and amend the act. In June 2004 the Home
Ministry decided to amend the existing FCRA 1976 in the light of
growing threat to the internal security and quantum jump in
foreign contribution. Later in June 2005 the ministry organised a
consultation to discuss the proposed amendments. The amendments
proposed by the Ministry were referred to the cabinet which
further referred it to the Group of Ministers.
On
June 24 and 25 (2005), Ministry of Home Affairs and The Institute
of Chartered Accountants organised first ever seminar on FCRA,
1976. The Seminar appeared to be a curtain raiser on FCMC Bill,
2005. However, later the government decided to amend the existing
FCRA. The Bill at present has been referred to the Standing
Committee, Chaired by Smt Sushma Swaraj with 30 MP’s as its
members from both the houses of the Parliament after being
introduced in the Rajya Sabah on 16 December 2006.
We
also look forward to the active support of our members as well as
other stakeholders.
Please click here to sign the petition
Click here for Highlights of
Revised FCRA Bill 2006
Click here for
further information on 'Status of FCRA Bill of 2006'
 Click
here for List of Standing Committee on Home Affairs
|
