Govt directs over 1200 NGOs to validate their bank accounts

Govt directs over 1200 NGOs to validate their bank accounts

Home Ministry has directed over 1200 NGOs across the country to validate their bank accounts in which they receive foreign contribution.

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.

the Ministry , all NGOs registered under the FCRA should receive foreign donations in a single designated bank account.

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