Government Tightens Foreign Funding Rules with New FCRA Amendment Bill
The Union government has approved key amendments to the Foreign Contribution (Regulation) Act (FCRA), 2010, aiming to strengthen oversight of foreign funds flowing into India. The proposed bill, cleared by the Union Cabinet, introduces stricter timelines for utilisation of funds and a new mechanism to regulate assets created through foreign contributions.
India currently has around 16,000 FCRA-registered associations, receiving nearly ₹22,000 crore annually from foreign sources. These funds support a wide range of activities, including social work, education, and development projects. However, concerns over misuse and lack of transparency have prompted the government to tighten regulations.
A major provision in the amendment mandates that organisations must utilise foreign contributi...









