India, July 22 -- The Government of India has issued a release:
Q. What is the Foreign Contribution (Regulation) Act (FCRA)?
The Foreign Contribution (Regulation) Act governs the acceptance and utilisation of foreign contribution received from a 'foreign source', as defined in the Act. Foreign contribution may take the form of an article, currency or a foreign security and also includes specified income arising from such contribution.
Administered by the Ministry of Home Affairs (MHA), the Act does three things: it identifies who may accept foreign contributions and on what conditions; it specifies how that money must be received, accounted for, and reported; and it restricts a narrow, defined set of foreign-funded activities that could ...