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Important notice pertaining to the recent FCRA Amendment 2020   Source: Photo by Eric Prouzet on Unsplash   In a bid to ensure greater transparency and accountability pertains to foreign funding and its usage, the government of India added certain provisions to the FCRA Act 2010. Introduced in the monsoon session, the bill after making a successful passage through both Houses of Parliament, received the President of India's assent on 28th September 2020. The key amendments in the act -  Added "public servant" to the list of persons prohibited from receiving foreign grants.  Upload Aadhar details of all office bearers/Directors and other key functionaries of the association mandatory Lowered the cap on administrative expenses from 50% to 20% Prohibited the transfer of grants received under FCRA to any other organization or individual Expanded the Ministry of Home Affairs' power by increasing the suspension period's maximum limit from 180 days to 360 days Made proce...

Creative reads "Unpacking the FCRA Amendment 2020: What lies ahead for the Nonprofits in India?" Written by: Samreen Saify Compiled and Edited by: Rebecca Shibu The  COVID-19 outbreak and the subsequent lockdown ushered in many challenges in both our personal and professional lives. The normalcy that we had known earlier is a distant reality now, and the reverberations of these challenges can be felt across all sectors and age groups. While it has rendered our previous modus operandi inutile, it has also jolted us to find and adopt new ways to overcome the challenges it brought along with it. The social sector esp. nonprofits, too, faced this jolt. On the one hand, the NGOs find themselves grappling with issues of finance as the funding has been significantly cut down, while on the other, concepts such as collaboration, partnership and support have been given new meanings. According to India Today's r eport, NGOs in 13 States and Union Territories have outperformed the...