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).
PTI
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.
Source: http://m.greaterkashmir.com/news/business/govt-asks-rbi-to-link-fcra-a-c-online/243792.html
PTI
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.
Source: http://m.greaterkashmir.com/news/business/govt-asks-rbi-to-link-fcra-a-c-online/243792.html
