Greenpeace India faces shutdown as funds run out

They have been operating in India for 14 years and have about 350 employees

BS Reporter Mumbai
Last Updated : May 05 2015 | 4:43 PM IST
Greenpeace India has only enough funds to cover one more month’s salary for its employees, following which it would have to shutter operations, a top official said in a statement Tuesday.
 
Greenpeace India’s executive director Samir Aich on Tuesday told staff members to start preparing for an imminent shutdown as the non-profit’s domestic accounts have been blocked by the government over alleged violations of India’s foreign exchange laws.

ALSO READ: Up the wrong tree

 We have one month left to save Greenpeace India from complete shutdown, and to fight MHA’s indefensible decision to block our domestic accounts,” Aich told colleagues, according to a statement from Greenpeace India.

ALSO READ: Government cancels registration of 9,000 NGOs

The non-profit has been operating in India for the past 14 years and currently employs about 350 people.

A week back, the ministry of home affairs (MHA) had cancelled the registration of around 9,000 non-governmental organisations (NGOs) under the Foreign Contribution Registration Act (FCRA), 2010. After the cancellation, none of these NGOs were able to seek foreign donations or access their bank accounts to utilise the unutilised foreign contributions.

The MHA order (detailed order) said that the cancelled NGOs did not submit to the ministry details of amount of foreign contribution they received, the source from which the money came, and for what purposes the money was utilised for the financial years 2009-10, 2010-11 and 2011-12.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 05 2015 | 4:00 PM IST

Next Story