Registration of NGO Infosys Foundation canceled by Home Ministry
The Home Ministry has canceled the registration of a Bengaluru-based NGO Infosys Foundation as per officials. It was canceled because it violated the norms of receiving foreign grants.
As per the norms, all NGO(Nongovernment organization) must be registered under the Foreign Contribution (Regulation) Act or FCRA in order to receive the grants. INFOSYS FOUNDATION did not file income and expenditure statement on foreign funding for the past few years despite repeated reminders and notice given by the Home Ministry result in the cancelation of their registration.
Infosys Foundation supports projects in education, rural development, health care, arts and culture, and destitute care and was founded in 1996.