|
Online edition of India's National Newspaper Wednesday, November 14, 2001 |
|
Front Page |
National |
Southern States |
Other States |
International |
Opinion |
Business |
Sport |
Entertainment |
Miscellaneous |
Magazine New |
Metro Plus New |
Open Page New |
Education New |
Book Review New |
Business New |
SciTech New |
Entertainment New |
Classifieds |
Employment |
Obituary |
Index |
Home |
|
Front Page
| Previous
| Next
Bill to curb foreign money
By J. Venkatesan
NEW DELHI, NOV. 13. The Government has decided to repeal the
Foreign Contributions (Regulation) Act and enact a new law to
curb and regulate flow of foreign funds to terrorist groups,
Christian missionaries and non-governmental organisations (NGOs).
According to highly placed sources in the Union Law Ministry, the
FCRA has outlived its utility by failing to restrict the flow of
funds to various organisations, resulting in the funds being
misused and hence the need for a new stringent law.
A draft bill-Foreign Contribution (Management and Control) Bill,
2001-considered to be as ``draconian as the Prevention of
Terrorism Ordinance'' has been circulated to the members of the
Cabinet for approval and indications are that it will be
introduced in the winter session of Parliament.
In the Government's perception, these funds are being misused by
the beneficiaries for religious conversions and proselytisation
in some States. In the north-eastern States and Jammu and
Kashmir, the funds are being used by subversive elements for
purchase of arms and ammunitions.
During the last financial year, 1,613 NGOs were granted
registration and of them 644 were given prior permission to
receive foreign contribution. A total of 1,515 cases for grant of
foreign hospitality to government officers and VIPs were
processed during the period.
The volume of foreign contributions had gone up to Rs. 4,100
crores during 2000-2001 and had further increased this year and
the beneficiaries included academicians, Christian missionaries,
media organisations and NGOs.
The new Bill will have various safeguards against the misuse of
funds by the beneficiaries. All organisations and individuals
receiving foreign contribution will have to register themselves
with the respective State Governments, which will receive the
registration fees from the beneficiaries.
Send this article to Friends by E-Mail
|
|
Section : Front Page Previous : UJC rejects Hurriyat call Next : Assam Govt. orders probe | |
|
Front Page |
National |
Southern States |
Other States |
International |
Opinion |
Business |
Sport |
Entertainment |
Miscellaneous |
Magazine New |
Metro Plus New |
Open Page New |
Education New |
Book Review New |
Business New |
SciTech New |
Entertainment New |
Classifieds |
Employment |
Obituary |
Index |
Home | |
|
Copyright © 2001 The Hindu Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu |
|