Last chance for institutes to retain their licenses to receive foreign funding

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The Union Home Ministry has given the last chance to the 4,842 institutes and organisations to retain their licences to receive foreign funding.

In a notification issued by the ministry, it is stated that to retain their registration under the Foreign Contribution Regulation Act (FCRA), the institutes have to disclose their annual income and expenditure statements to the government by October 18, after paying penalty. 

The institutes which are given final chance to continue their FCRA registration include IGNOU, Mumbai University, ICMR, Punjabi University, North Eastern Hill University, Pondicherry University, Sri Guru Tegh Bahadur Khalsa College and Indian Institute of Rural Development besides others.

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It is mandatory for every organisation to be registered under FCRA to receive funds from abroad. Under the law, it is also compulsory for the organisations to submit their details regarding income and expenditure to the government annually else their registration will be cancelled.

According to the home ministry, FCRA registration of over 18,600 organisations and institutes were cancelled for not filing the returns during 2010-11 to 2014-15, despite serving repeated notices. The ministry had given the organisations a month’s time between May 15 and June 17 of this year to file their returns. As many as 13,681 of them responded to the ministry’s notices or filed their returns. However, 4,842 of these institutes and organisations did not respond despite repeated notices.

Now, for these 4,842 institutes and organisations, its the final opportunity to file the returns by October 18, the home ministry said.

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