Monday, 9 July 2018

FCRA Amendments - Supreme Court intervention

Supreme Court Sought response from Government on amendments made in Foreign Contribution Regulation Act (FCRA), receiving BJP and Congress Foreign funds from Vedanta, UK Based company in 2014.

  • The petition was filed by an NGO
  • Amendment was passed as money bill with retrospective effect from 1976.
  • Representation of People's Act bars political parties from receiving foreign funds.
  • Petitioners claim was that the amendment opened doors to unlimited political donations from foreign companies, thereby legalizing financial contribution received from foreign sources.