Tightening norms for foreign-funded NGOs: A step in right direction
Union government has taken a rightful approach by further tightening norms for foreign-funded Non-Government-Organisations (NGOs) where these are now required to open accounts in 32 select banks. Earlier Union government decided to monitor funding to NGOs by world’s leading funding organisation Ford Foundation (US). Intelligence Bureau’s report indicated about misuse of Indian NGO’s for any anti-national agenda by foreign-contributors where it was revealed that India’s GDP has been adversely affected to big extent of 2-3 percent through such foreign-funding to NGOs. Many NGOs are said to have been funded for cultural evasion in India. Foreign-funded NGOs spend in rupees and receive funds in dollars by sending these foreign-contributors exaggerated photos and videos of events drama...