Government asks 3,768 NGOs to validate bank accounts

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Govt asks 3,768 NGOs to validate bank accounts-indianbureaucracy

 As many as 3,768 NGOs across the country have been directed by the Home Ministry to validate their foreign contribution designated accounts with banks, failure of which will invite penalty.In a circular, the ministry said all NGOs which were registered under the Foreign Contribution Regulation Act (FCRA) should receive donations from abroad in a single designated bank account.

However, it is seen that a number of such organisations have not validated their foreign contribution designated accounts, causing problems for the banks to comply with the FCRA provisions that they (banks) report to the Central government within 48 hours of such receipt or utilisation of foreign contribution.

These associations are required to validate their foreign designated accounts and also the utilisation accounts immediately and send the details, including bank branch, code, account number, IFSC etc, Joint Secretary (foreigners) in the home ministry, Mukesh Mittal said.

The ministry also announced a list of 2,025 NGOs which have not yet validated their FCRA designated accounts.

The Modi government, which has tightened the rules for NGOs, has already cancelled registration of more than 10,000 non-governmental organisations in the last three years for alleged non-filing of annual returns as mandated in the FCRA.

In addition, renewals of more than 1,300 NGOs have been denied or closed in recent past for allegedly violating various provisions of the FCRA.

Recently, the home ministry has also asked nearly 6,000 NGOs to open their accounts in banks having core banking facilities and furnish details for real time access to security agencies in case of any discrepancy.

The move was initiated after it was detected that many NGOs have their bank accounts in cooperative banks or state government-owned apex banks or banks which do not have core banking facilities.

The home ministry recently had cancelled registration of 10,256 NGOs which failed to file their annual income and expenditure records.

In November, 2016, the government had directed more than 11,000 NGOs to file applications for renewal of registration by February 28, 2017.

Of the above, 3,500 NGOs have filed applications for renewal till February 2017. Registration of more than 7,000 NGOs were deemed expired due to non-filing of renewal applications.

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Saurabh
Saurabh Sinha, Editor of IndianBureaucracy.com, is known for his credible, precise and insightful coverage of governance, civil services and administrative developments in India. Under his leadership, the portal has grown into a trusted national platform for accurate updates, appointments and policy movements within the bureaucratic ecosystem. Saurabh’s strong professional networking and deep understanding of government functioning enable him to present timely, reliable and well-contextualised information to readers across sectors. As a thought-driven editor, he promotes informed dialogue on governance reforms while maintaining high editorial standards. His calm, consistent and detail-oriented approach continues to strengthen the portal’s reputation. इंडियनब्यूरोक्रेसी.कॉम के संपादक सौरभ सिन्हा देश की नौकरशाही, शासन व्यवस्था और प्रशासनिक गतिविधियों की विश्वसनीय तथा संतुलित रिपोर्टिंग के लिए जाने जाते हैं। उनके नेतृत्व में यह पोर्टल नियुक्तियों, नीतिगत बदलावों और प्रशासनिक खबरों का एक भरोसेमंद राष्ट्रीय स्रोत बन चुका है। शासन तंत्र की गहरी समझ और मजबूत पेशेवर नेटवर्क के कारण सौरभ पाठकों को समयबद्ध, सटीक और संदर्भित जानकारी प्रदान करते हैं। एक विचारशील संपादक के रूप में वे सुशासन, पारदर्शिता और सुधारों पर सकारात्मक संवाद को बढ़ावा देते हैं। उनकी शांत, सूक्ष्म और पेशेवर संपादकीय शैली पोर्टल की प्रतिष्ठा को लगातार मजबूत कर रही है।