AFTER 65 YEARS, FORD FOUNDATION – A US ORGANIZATION, FORCED TO BECOME COMPLIANT WITH INDIAN REGULATION
Ford Foundation, a US$ 12 billion social organization has operated in India since after independence. Recently, the Gujarat government has raised national security and other concerns about its actions. The Central govt put restrictions on its operations. The US Govt, the US Ambassador have reporting been lobbying on its behalf – this report itself raises lots of questions as to what if any are any linkages. Indian has asked this entity to finally register under the FEMA act (the Foreign Exchange Management Act (Fema), 1999, a minimum to receive funds from overseas.
- 17 Jul 2015