Foreign Contribution (Regulation) Act, 2010, commonly known as FCRA, is a regulatory act aimed at regulating the acceptance and utilization of foreign funds and contributions by NGOs in India. The FCRA ensures that these contributions are used for legitimate purposes, not posing any threat to national security or public interest. In this blog post, we will discuss the new provisions of FCRA, the benefits it offers to NGOs and donors, and the role played by Gujarat Rajya Gram Vikas Samiti in serving underprivileged communities.
FCRA New Provisions:
The Indian government has recently introduced several new provisions to FCRA, which aim to streamline the process of accepting and utilizing foreign contributions. These provisions include:
- Requiring all NGOs to open an exclusive FCRA account with a designated bank branch.
- Mandating the submission of annual returns on the receipt and utilization of foreign contributions.
- Restricting the use of foreign funds for political purposes, among others.
These provisions bring greater transparency and accountability to the use of foreign funds by NGOs in India, promoting ethical practices.
Gujarat Rajya Gram Vikas Samiti FCRA Registration:
Gujarat Rajya Gram Vikas Samiti is a registered NGO that has been serving underprivileged communities in Gujarat for over 33 years. The organization’s FCRA registration number is 041910403, which is valid until 31/03/2028. This registration enables the organization to accept foreign contributions from donors worldwide and utilize them towards the betterment of the society.
Benefits of FCRA to NGOs and Donors:
The FCRA offers several benefits to NGOs and donors alike. It provides access to much-needed funding to NGOs, which helps them support social and developmental initiatives. Additionally, it enables them to form partnerships with international organizations and donors, leading to greater exposure and opportunities for collaboration. For donors, it provides a secure and reliable mechanism for contributing to causes they care about, while ensuring that their contributions are used effectively and efficiently.
Gujarat Rajya Gram Vikas Samiti’s Contributions:
Gujarat Rajya Gram Vikas Samiti has been working relentlessly to serve underprivileged communities in Gujarat for over 33 years. The organization’s initiatives aim to provide basic necessities like food, shelter, and education to those in need. The organization has received support from various ministries, corporates, and individual donors, who have contributed generously towards its initiatives.
In-kind Donations:
Apart from monetary contributions, Gujarat Rajya Gram Vikas Samiti also accepts in-kind donations, which can include food, clothing, and other basic necessities. These donations are distributed among those in need, ensuring that they receive the support they require.
Conclusion:
The FCRA plays a critical role in enabling NGOs to access much-needed funding to support their initiatives. Gujarat Rajya Gram Vikas Samiti is an excellent example of how FCRA-registered NGOs can make a significant impact in serving disadvantaged communities. The organization’s contributions have been made possible through the support of various ministries, corporates, and individual donors, who have contributed generously over the years. We urge our readers to consider supporting the work of Gujarat Rajya Gram Vikas Samiti, either through monetary or in-kind donations. To donate, please visit our website or directly transfer funds to our FCRA savings account with State Bank of India, New Delhi Sansad marg Branch, IFSC SBIN0000692, SWIFT SBINNBB104. Let us come together and make a meaningful difference in the lives of those in need.