NEW DELHI: A Union Home Ministry-sponsored online analytical tool was launched today to facilitate closer monitoring of the flow and utilisation of foreign contributions received by NGOs and other organisations registered under the FCRA.
This web-based tool enables decision-makers in various departments of the Government to scrutinise source of foreign funds and their actual use in India, an official statement said.
The online analytical tool gives them the capacity to take data-driven and evidence-based decisions regarding the compliance of the provisions of the Foreign Contribution (Regulation) Act, 2010, it said.
It has analytical features to conduct big data mining and data exploration. Its dashboard will be integrated with the bank accounts of the FCRA-registered entities through the Public Financial Management System for updation of transactional data on a real-time basis, the statement said. (AGENCIES)
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