Chakravarthi Rangarajan on Monetary Policy After Liberalization
Ideas of India
The Future of the FCRA in India
FCRA is essentially the flow of money which goes into some institutions, particularly nonprofit organizations. I think that what is needed is greater transparency in the way in which the FCRA act is implemented. But please think of this as a total amount that flows through the FCRA is not very high. This can be used as to favor, disfavor and all that.
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