JPC Meets on FCRA, SBI Chairman Gives Suggestions

TV9 Hindi · politics

JPC met to review proposed changes to the Foreign Contribution (Regulation) Act (FCRA). Officials from the Home Ministry, Law Ministry, and SBI presented their views. Opposition MPs questioned the retrospective application of new laws, the constitutional validity, and sought clarity on safeguards against arbitrary actions. SBI Chairman suggested clearer provisions for designated officers in bank accounts handling foreign funds and proposed real-time technical integration with the FCRA 2.0 portal.