Context: Recently, after a record 1,111 NGOs got Foreign Contribution Regulation Act (FCRA) nod in 2023, 30 get clearance in January. Situated in Delhi, a Buddhist monastic order originating from Taiwan has secured approval under the Foreign Contribution (Regulation) Act (FCRA) of 2010, enabling them to access foreign funds.
Foreign Contribution Regulation Act (FCRA)
FCRA registration
FCRA requirements:
Despite the regulatory framework, challenges persist, including administrative delays, stringent compliance requirements, potential political interference, ambiguity in the law, and a lack of clarity.