The Centre on Monday knowledgeable that anybody receiving international funding beneath the prior permission class of the Overseas Contribution Regulation Act (FCRA) must spend it inside 4 years. In a discover, the MHA mentioned anybody registered beneath the FCRA can settle for any international contribution solely after acquiring the prior permission by making an utility.
“Such prior permission will likely be legitimate for the precise actions or initiatives for which it’s obtained and from the precise supply,” the notification learn.
“The validity interval for receiving international contributions shall be three years from the date of approval of the applying for prior permission. The validity interval for utilising the mentioned international contribution shall be 4 years from the date of approval of the applying for prior permission,” it mentioned. “Any receipt or utilisation of the international contribution past the above mentioned cut-off dates shall be a violation of FCRA, 2010.”
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