Current Affairs - Miscellaneous - Discussion

The Union Ministry of Home Affairs (MHA) launched an Online Analytical Tool to facilitate closer monitoring of flow and utilisation of foreign contributions received by various organisations registered or permitted under Foreign Contribution (Regulation) Act, 2010. The web-based tool will help to effectively monitor hundreds of thousands of transactions undertaken by such organisations and help stakeholders in Government to better regulate acceptance and utilisation of foreign contributions. It enables decision-makers in various Government Departments to scrutinise source of foreign funds and their actual use in India. It will give them capacity to take evidence-based and data-driven decisions regarding compliance of provisions of FCRA, 2010.