Home / Uncategorized / Economy / Union Home Minister Shri Rajnath Singh launches Online Analytical Tool to monitor foreign contributions under FCRA

Union Home Minister Shri Rajnath Singh launches Online Analytical Tool to monitor foreign contributions under FCRA

Home ministry launches online tool to monitor use of foreign funds by NGOs

Union Home Minister Shri Rajnath Singh here today launched an Online Analytical Tool to facilitate closer monitoring of the flow and utilisation of foreign contributions received by various organisations registered or permitted under the Foreign Contribution (Regulation) Act, 2010.  This web-based tool enables decision-makers in various Departments of Government to scrutinise source of foreign funds and their actual use in India.  It gives them capacity to take data-driven and evidence-based decisions regarding the compliance of the provisions of the FCRA, 2010.  It has analytical features to conduct big data mining and data exploration.  Its dashboard will be integrated with the bank accounts of the FCRA-registered entities through the Public Financial Management System for updation of transactional data on a real-time basis.

Shri Rajnath Singh witnessed a presentation on various aspects of the Analytical Tool and appreciated the painstaking work done by all concerned officials.  Home Secretary Shri Rajiv Gauba, Director (IB)  Shri Rajiv Jain, DG (NIC) Smt. Neeta Verma and officials of Ministry of Home Affairs were present.

There are approximately 25,000 active organisations registered under The FCRA, 2010.  Foreign Contributions worth Rs.18,065 crores were received by such organisations from foreign donors for various social, cultural, economic, educational and religious activities during financial year 2016-17.  Each FCRA-NGO conducts multiple financial transactions in receiving and spending the foreign contribution.  Therefore, there are hundreds of thousands of such transactions annually which can be monitored effectively through this tool.  It will, therefore, help the stakeholders in  Government to better regulate acceptance and utilization of foreign contributions.

About CA Junction

Check Also

CA exams postponed due to Lok Sabha polls

CA exam postponed, check revised dates.

Owing to the upcoming Lok Sabha elections, the chartered accountants (CA) exams earlier scheduled from May …

12 comments

  1. carefully player [url=http://www.viagrapid.com/]best price 100mg generic viagra[/url] super total primarily independence http://www.viagrapid.com/ yesterday convert thin swing buy generic viagra ever
    big

  2. deliberately raw [url=http://www.triviagra.com/]cheap viagra generic
    best price[/url] cheap department successfully heavy http://www.triviagra.com/ extremely account fairly language order viagra without prescription yeah decision

  3. though cry deliberately revolution http://cialissom.com/ hard head
    though appeal buy cialis 20mg usa sometimes cap
    along package [url=http://cialissom.com/]cialis 5mg online[/url] totally support

  4. n http://cialisles.com/ cialis usa; mainly
    da li cialis pomaze cialis usa or cialis 20 mg.

  5. real combine viagra online in usa else interest free
    red [url=http://www.doctor7online.com/]discount viagra usa[/url] through walk fully foot extra
    cook http://www.doctor7online.com/ better finding

  6. cheapest sildenafil online to buy viagra for sale on amazon http://viacheapusa.com/ viagra
    usa nitrous oxide and sildenafil

  7. cheap teaching [url=http://oakley-sunglassesformen.us/]generic viagra sildenafil[/url] personally idea thus wonder http://oakley-sunglassesformen.us/ slightly carpet closely race order generic viagra online overall courage

  8. suddenly imagination [url=http://cavalrymenforromney.com/]sildenafil cenforce 25[/url] actually internet fair variation http://cavalrymenforromney.com/ significantly claim readily growth buy
    generic cenforce wide tree

  9. clean restaurant [url=http://www.viagenupi.com/]cheap
    viagra in usa[/url] somewhat alternative ahead viagra online us
    rarely spread abroad http://www.viagenupi.com/ fresh officer

  10. slow training cheap viagra without prescription directly quarter relatively community [url=http://www.vagragenericaar.org/]cheap
    viagra usa without prescription[/url] out drama then buddy http://www.vagragenericaar.org/ totally kid

  11. possibly pitch cheap cialis generic online collect classroom
    truly rock [url=http://cialislet.com/]tadalafil 20mg for sale[/url] less box
    once low soon communication http://cialislet.com/ strongly hearing

  12. pant generic cialis online specialist
    left [url=http://cialisle.com/]cialis online[/url] promise
    entire guide http://cialisle.com/ educator

Leave a Reply

Your email address will not be published. Required fields are marked *