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Govt asks RBI to link FCRA a/c with PFMS for easy monitoring

Press Trust of India  |  New Delhi 

All FCRA accounts of the NGOs will soon be connected with an online system for easy access and monitoring by the government, was informed today.

Minister of State for Home Kiren Rijiju said the Home Ministry had requested the Reserve of to integrate FCRA accounts with Public Financial Management System (PFMS).



This will enable the Ministry to monitor the receipt and utilisation of foreign contribution credited in such accounts, he said in a written reply.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Govt asks RBI to link FCRA a/c with PFMS for easy monitoring

All FCRA accounts of the NGOs will soon be connected with an online banking system for easy access and monitoring by the government, Rajya Sabha was informed today. Minister of State for Home Kiren Rijiju said the Home Ministry had requested the Reserve Bank of India to integrate FCRA accounts with Public Financial Management System (PFMS). This will enable the Ministry to monitor the receipt and utilisation of foreign contribution credited in such bank accounts, he said in a written reply. All FCRA accounts of the NGOs will soon be connected with an online system for easy access and monitoring by the government, was informed today.

Minister of State for Home Kiren Rijiju said the Home Ministry had requested the Reserve of to integrate FCRA accounts with Public Financial Management System (PFMS).

This will enable the Ministry to monitor the receipt and utilisation of foreign contribution credited in such accounts, he said in a written reply.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Govt asks RBI to link FCRA a/c with PFMS for easy monitoring

All FCRA accounts of the NGOs will soon be connected with an online system for easy access and monitoring by the government, was informed today.

Minister of State for Home Kiren Rijiju said the Home Ministry had requested the Reserve of to integrate FCRA accounts with Public Financial Management System (PFMS).

This will enable the Ministry to monitor the receipt and utilisation of foreign contribution credited in such accounts, he said in a written reply.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

image
Business Standard
177 22