Tracking Down Remittances of NGOs

77 NGOs have come to adverse notice on a prima facie basis so far. No Foreign Exchange Management Act (FEMA) contravention has so far been noticed by the Enforcement Directorate against any NGOs. Prior to the meeting of the Economic Intelligence Council (EIC) in January 2010, a need was expressed for a mechanism to track, collate and analyze inward foreign remittances. Subsequently, a sub-committee was constituted within the Central Economic Intelligence Bureau (CEIB), which comprised representatives from Intelligence Bureau (IB), Enforcement Directorate (ED), Financial Intelligence Unit (FIU), Reserve Bank of India (RBI) and Central Economic Intelligence Bureau (CEIB). The Subgroup had recommended that IB share a negative list with FIU for further dissemination with reporting entities to track foreign remittances to organizations/ individuals.

Government will continue to see that the joint mechanism takes up the closer monitoring, so that each individual case is taken to its logical conclusion in a timely manner as per provisions of law. 

This was stated by the Minister of State in the Ministry of Home Affairs, Shri Mullappally Ramachandran in written reply to a question in Rajya Sabha today.