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Chakravarthi Rangarajan on Monetary Policy After Liberalization

Ideas of India

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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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