Officials said on Monday that the registration of Bengaluru based NGO Infosys Foundation has been dismissed by the Home Ministry for allegedly violating the norms in receiving foreign grants.
In order to receive foreign funding, all the non-government organizations (NGO)s are mandatorily required to be registered under the Foreign Contribution (Regulation) Act or FCRA. Last year, the Home Ministry had served show cause notice to Infosys Foundation as it failed to submit annual and expenditure statement on foreign funding for up to six years in spite of repeatedly reminding, said officials.
The officials stated that the registration was canceled as Infosys Foundation allegedly did not file income and expenditure statement on foreign funding for the past few years.
According to the Foreign Contribution (Regulation) Act or FCRA guidelines, all the registered associations are directed to submit electronically an online annual report with scanned copies of income and expenditure statement, receipts and payment account, balance sheet, etc., for every financial year within nine months of the closure of the financial year.
The guidelines further claim that the associations which do not receive foreign contributions are also required to represent a “NIL” return for that financial year. Rishi Basu from the Infosys Foundation’s corporate marketing and communications division said, “This (request) was done as the Infosys Foundation does not come under the purview of the FCRA following the amendment made to the act in 2016. We had approached the ministry to consider this, and thank them for granting our request”.
The Infosys Foundation was established in 1996. It runs several projects in the field of education, health care, rural development, arts, and culture. Sudha Murthy is the chairperson of Infosys Foundation which aims to work in remote areas of India.