The Hindu·1 min read·medium
India clarifies new FCRA rules on foreign funding
T
The Hindu Bureau
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India's Ambassador to the U.S., Vinay Mohan Kwatra, defended recent amendments to the Foreign Contribution Regulation Act (FCRA). The changes are intended to increase transparency and regulate how foreign funds are managed by organizations.
India’s Ambassador to the U.S. Vinay Mohan Kwatra has defended the latest FCRA amendments, saying they aim to improve transparency and regulate foreign funding. He clarified what happens to assets when an organisation loses its FCRA registration, including properties linked to places of worship.
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