Facts:
1. Contributions made by the Indian companies with foreign holding up to
the prescribed limit as per extant FDI policy will not be treated as
foreign contribution retrospectively from September 2010.
The government has admitted that the amended Foreign Contribution
Regulation Act (FCRA), 2010, which they brought in through the Finance
Bill route, will not only help foreign-origin companies to fund NGOs
here but has also cleared the way for them to give “donations to
political parties.”
Kiren Rijiju's Opinion:
Minister of State (Home) Kiren Rijiju told The Hindu that the
amendment, which was cleared by the Lok Sabha in the recently concluded
Budget session, will ensure that “donations made by such [foreign
shareholding] companies to entities including political parties will not
attract provisions of the FCRA, 2010.”
Questions:
Does this mean the government has changed its opinion on what it sees as foreign conspiracy to derail our democracy? Especially with regard to NGOs who do not toe government line on issues.
Source: http://www.thehindu.com/news/national/foreign-firms-can-now-fund-parties/article8604763.ece
No comments:
Post a Comment