 to Shah Rukh Khan’s NGO, Meer Foundation, enabling it to receive funds from international donors, as per the sources it was revealed on Thursday. Meer Foundation, established in 2013, is dedicated to support women who are victims of acid attacks. It is registered as a Non Profit Organisation under the Companies Act and recognised as a charitable institution under the Income Tax Act, the foundation aims to provide medical, legal, rehabilitative aid to survivors, empowering them to reintergrate into society. According to insiders, the FCRA license was issued to SRK’s organisation several months ago, though the exact date remains unspecified. This year, the government has granted FCRA licenses to 175 organisations, including the Mary Kom’s Regional Boxing Foundation. The FCRA license is crucial for the Meer Foundation. With this license, the organisation will receive foreign donations, which can significantly boost its resources. As a result, Meer Foundation can better support acid attack survivors. Shah Rukh Khan’s celebrity status and international recognition are expected to attract considerable foreign contributions to the foundation’s noble cause. However, the Home Ministry has been stern in its regulation and oversight of NGOs receiving foreign funds. Over the past few years, numerous NGOs have come under scrutiny, with the licenses of several high-profile organizations such as the Rajiv Gandhi Foundation (RGF), Rajiv Gandhi Charitable Trust (RGCT), and the Centre for Policy Research (CPR) being revoked for alleged legal violations. Between 2019 and 2022, the FCRA unit of the Indian Home Ministry carried out inspections on at least 335 NGOs to verify their adherence to funding regulations. These measures are part of the government’s broader effort to tighten control over foreign funding and ensure transparency and accountability in the sector. In a significant amendment to the FCRA Act in September 2020, the government barred public servants from receiving foreign contributions, mandated Aadhaar for every office-bearer of NGOs, and reduced the permissible limit for administrative expenses from foreign funds from 50% to 20%. [ad_2]){kind=link}
The Union House Ministry has granted a license underneath the International Contribution Regulation Act (FCRA) to Shah Rukh Khan’s NGO, Meer Basis, enabling it to obtain funds from worldwide donors, as per the sources it was revealed on Thursday.
Meer Basis, established in 2013, is devoted to assist girls who’re victims of acid assaults. It’s registered as a Non Revenue Organisation underneath the Firms Act and recognised as a charitable establishment underneath the Earnings Tax Act, the muse goals to offer medical, authorized, rehabilitative help to survivors, empowering them to reintergrate into society.
In line with insiders, the FCRA license was issued to SRK’s organisation a number of months in the past, although the precise date stays unspecified. This yr, the federal government has granted FCRA licenses to 175 organisations, together with the Mary Kom’s Regional Boxing Basis.
The FCRA license is essential for the Meer Basis. With this license, the organisation will obtain overseas donations, which might considerably increase its assets. Consequently, Meer Basis can higher assist acid assault survivors. Shah Rukh Khan’s celeb standing and worldwide recognition are anticipated to draw appreciable overseas contributions to the muse’s noble trigger.
Nevertheless, the House Ministry has been stern in its regulation and oversight of NGOs receiving overseas funds. Over the previous few years, quite a few NGOs have come underneath scrutiny, with the licenses of a number of high-profile organizations such because the Rajiv Gandhi Basis (RGF), Rajiv Gandhi Charitable Belief (RGCT), and the Centre for Coverage Analysis (CPR) being revoked for alleged authorized violations.
Between 2019 and 2022, the FCRA unit of the Indian House Ministry carried out inspections on at the least 335 NGOs to confirm their adherence to funding laws. These measures are a part of the federal government’s broader effort to tighten management over overseas funding and guarantee transparency and accountability within the sector.
In a big modification to the FCRA Act in September 2020, the federal government barred public servants from receiving overseas contributions, mandated Aadhaar for each office-bearer of NGOs, and diminished the permissible restrict for administrative bills from overseas funds from 50% to twenty%.