Ministry of Home Affairs launches an online Analytical tool to monitor foreign contributions by various organisations under FCRA
On June 1, the Union Home Minister Rajnath Singh has launched an online analytical tool to facilitate closer monitoring of the flow and utilization of foreign contributions received by various organisations registered under the Foreign Contribution (Regulation) Act 2010. The web-based tool enables decision-makers in various Departments of Government to scrutinize source of foreign funds and their actual use in India. It has analytical features to conduct big data mining and data exploration. Its dashboard will be integrated with the bank accounts of the FCRA-registered entities through the Public Financial Management System for updation of transactional data on a real-time basis. There are approximately 25 thousand active organisations registered under the FCRA. Foreign Contributions worth 8,065 crores rupees were received by such organisations from foreign donors for various social, cultural, economic, educational and religious activities during financial year 2016-17.