💨 Abstract
The Indian government has announced that foreign funding received under the Foreign Contribution Regulation Act (FCRA) must be spent within four years. The Ministry of Home Affairs stated that prior permission is required to accept foreign contributions and this permission will be valid for specific activities or projects and from specific sources. The validity period for receiving and utilizing the foreign contribution is three and four years respectively, from the date of approval of the application for prior permission.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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