Vrindavan’s Banke Bihari temple will get FCRA licence to obtain overseas funding

The temple was held as a personal property by a household of monks till the court docket intervention. The temple is presently managed by a administration committee constituted by a court docket. The committee had utilized for a licence below the Overseas Contribution (Regulation) Act, 2010.

The applying stated that the temple obtained a number of foreign exchange in its chest and likewise meant to just accept donations from overseas.

Sources instructed PTI that the house ministry had authorised the grant of FCRA license after following due software course of and processed its software after the court docket’s approval.

New FCRA guidelines for overseas funding

Overseas Contribution Regulation (Modification) Guidelines 2022 made key adjustments to guidelines governing the acceptance of abroad donation by NGOs and specified new limits on administrative bills, 20 p.c in comparison with earlier restrict of fifty p.c.

In response to the act, organisations eager to obtain overseas funding will need to have an FCRA registration. The registration is legitimate for five years and might be renewed. Non-compliance or violations can lead to the cancellation of registration.

The workplace bearers should present their Aadhar or passport/OCI card for registration and overseas donations have to be obtained in a checking account held at a delegated SBI department in New Delhi.

Probe below FCRA

On Thursday, the Central Bureau of Investigation (CBI) has filed a cost sheet in its probe towards Oxfam India and its workplace bearers for an alleged violation of the FCRA.

The CBI has alleged in its first info report (FIR) that Oxfam India, whose work is concentrated on rights of weak social teams, was planning to create a construction to proceed its operations with overseas funds even after its software for FCRA renewal was rejected.