Foreign funding under prior permission category has to be spent within 4 years: Govt
The Home Ministry has announced new rules for organizations receiving foreign funds. Organizations under the Foreign Contribution Regulation Act (FCRA) must now spend the funds within four years. Prior permission is needed to receive foreign contr...

Such prior permission will be valid for the specific activities or projects for which it is obtained and from the specific source, the notification said.
The Central government in exercise of powers conferred under Section 46 of the FCRA, directed that the validity period for receiving and utilising the foreign contribution would be three and four years respectively from the date of approval of the application for prior permission, it said.
"The validity period for receiving foreign contribution shall be three years from the date of approval of the application for prior permission. The validity period for utilising the said foreign contribution shall be four years from the date of approval of the application for prior permission," the notification said.
Any receipt or utilisation of the foreign contribution beyond the above said time limits shall be a violation of FCRA, 2010, it said.
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