Thursday, July 25, 2024

Shah Rukh Khan’s Meer Basis will get FCRA license for international funding

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The Union Residence Ministry has granted a license underneath the Overseas 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 help ladies who’re victims of acid assaults. It’s registered as a Non Revenue Organisation underneath the Corporations Act and recognised as a charitable establishment underneath the Earnings Tax Act, the muse goals to supply medical, authorized, rehabilitative support 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 12 months, 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 international donations, which may considerably enhance its assets. In consequence, Meer Basis can higher help acid assault survivors. Shah Rukh Khan’s movie star standing and worldwide recognition are anticipated to draw appreciable international contributions to the muse’s noble trigger.

Nevertheless, the Residence Ministry has been stern in its regulation and oversight of NGOs receiving international 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 Residence 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 international funding and guarantee transparency and accountability within the sector.

In a major modification to the FCRA Act in September 2020, the federal government barred public servants from receiving international contributions, mandated Aadhaar for each office-bearer of NGOs, and diminished the permissible restrict for administrative bills from international funds from 50% to twenty%.

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