India’s government has proposed new measures to regulate domestic nonprofits’ funding from abroad and how groups use the money, The Wall Street Journal writes.
Draft amendments to a law on foreign-currency regulation would require banks to notify the government within 48 hours of an international money transfer to an Indian nonprofit and organizations to post details of the transaction online within a week.
In a statement, the Ministry of Home Affairs said nonprofits would not be permitted to use funds from abroad for activities deemed potentially “detrimental to national interest, likely to affect prejudicially public interest,” or “likely to affect prejudicially the security, strategic, scientific or economic interest of the state.” In April New Delhi canceled thousands of Indian charities’ licenses over foreign funding as part of what activists call a crackdown on critics of Prime Minister Narendra Modi’s government.
We're sorry. Something went wrong.
We are unable to fully display the content of this page.
The most likely cause of this is a content blocker on your computer or network.
Please allow access to our site, and then refresh this page. You may then be asked to log in, create an account if you don't already have one, or subscribe.
If you continue to experience issues, please contact us at 202-466-1032 or cophelp@philanthropy.com