The Supreme Court was on Wednesday startled by the number of NGOsoperating in India, 31 lakh and counting, and decided to lay down a legal framework to regulate their funding, spending and working.
This could spell trouble for many NGOs as the Centre has initiated a process to examine which NGO received what amount from foreign sources and whether they had been permitted to receive monetary assistance from abroad under the Foreign Contribution Regulation Act (FCRA).
The CBI informed a bench of Chief Justice T S Thakur and Justice A M Khanwilkar that only 8-10% of the nearly 31 lakh NGOs had filed their accounts with Registrar of Societies (RoS) detailing receipt and spending of funds....................Read more
Source: The Times of India
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