Infosys Foundation’s FCRA licence cancelled
The Union Home Ministry has cancelled the FCRA licence of Infosys Foundation after a request was made by the not-for-profit initiative of the IT major, a senior government official said.
The Foreign Contribution Regulation Act (FCRA) enables an association or an NGO to receive foreign funds, and they have to register under it to receive such funds. “The FCRA licence was cancelled at their own request. There was no violation,” said the official.
Another official said the NGO made “persistent requests” to cancel the licence.
“We requested them not to cancel the registration but they were adamant. So we cancelled it,” said the official.