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Foreign Cash Floods NGOs
Publish Date:Oct 30, 2012
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Trusts and charities in Andhra Pradesh are the third biggest recipient of foreign funding in the country. In just one year, these organisations received Rs 1,324.87 crore from abroad in 2009-10, and the flow has increased since. Within AP, NGOs based in Anantapur district, Hyderabad and Secunder-abad and Krishna and Guntur districts received the highest funding. Anant-apur district alone received `414 crore from organisations abroad, followed by the twin cities at Rs 334 crore. Most of the organisations are religion-based. Foreign funding to the Sri Satya Sai Central Trust - which was among the top three recipients - has come down after the death of Sai Baba. The data was collected by the Union ministry of home affairs wing that monitors foreign funding under the Foreign Contributions Regulation Act.
In 2011-12, AMG India International, a Christian social service organisation of Chilkaluripet, Guntur, received `48.13 crore, while the Hyderabad Eye Institute at Road No. 3, Banjara Hills, Hyderabad, received `33 crore. The Catholic Health Association of India at Gunrock and the Centre for World Solidarity at Tarn-aka, both in Hyderabad, are some of the organisations that received more than `1 crore funding. All NGOs are yet to submit their details for this year.
http://www.teluguone.com/news/content/foreign-cash-20-18714.html
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