Home Ministry asks RBI to block foreign funding to Greenpeace India

The central bank has also been instructed to convey the decision to all banks and to find out if any government department is in receipt of such funds.

FP Staff June 20, 2014 07:44:36 IST
Home Ministry asks RBI to block foreign funding to Greenpeace India

Soon after the Intelligence Bureau report on Greenpeace India allegedly misusing foreign funds to hamper India's economic growth, the Ministry of Home Affairs has issued a directive to the Reserve Bank of India asking it to put on hold all foreign contributions originating from Greenpeace International and Climate Works Foundation.

"In a letter dated 13th June, the Ministry has directed the Reserve Bank of India that all foreign contributions originating from Greenpeace International and Climate Works Foundation — two principal international contributors to Greenpeace India Society — must be kept on hold until individual clearances are obtained from the Ministry for each transaction," said a report in The Hindu.

Home Ministry asks RBI to block foreign funding to Greenpeace India

In tussle with the government. AFP

The central bank has also been instructed to convey the decision to all banks and to find out if any government department is in receipt of such funds.

According to a report in The Indian Express, the IB "has advised the government to cancel the Foreign Contribution Regulation Act (FCRA) registration of Greenpeace, re-assess its tax compliance and place all its international affiliates on a home ministry watch list".

It further added that the Greenpeace India has sought local funding in view of the intense flak it is facing and in order to "mask" its actual "sources of funding”.

Reacting to the second dossier which was submitted to the PMO on 9 June, Bharti Sinha, spokesperson for Greenpeace India told NDTV, ""We are being targeted as an NGO which follows all the laws of the country. We show all the transparency and place our annual reports on website for everybody to see."

The first IB report had said, "Greenpeace alone was leading a "massive effort to take down India's coal-fired power plant and coal mining activity."

Updated Date:

Subscribe to Moneycontrol Pro at ₹499 for the first year. Use code PRO499. Limited period offer. *T&C apply

also read

Centre and states need to act in coordination to reduce tax on fuel, says RBI governor Shaktikanta Das
Business

Centre and states need to act in coordination to reduce tax on fuel, says RBI governor Shaktikanta Das

Das said that such coordination is needed because both the Centre and states impose taxes on fuel

RBI grade B officer admit card 2021: Hall ticket for 322 vacancies released at rbi.org.in
India

RBI grade B officer admit card 2021: Hall ticket for 322 vacancies released at rbi.org.in

For the post of grade B (general), the online exam will be held from 6 March to 1 April, while for the posts of grade B (DEPR), (DSIM), the exam will be concluded on 31 March

India's GDP may turn positive at 1.3% in Dec quarter of FY2020-21: DBS Bank report
India

India's GDP may turn positive at 1.3% in Dec quarter of FY2020-21: DBS Bank report

The government will release the GDP numbers for the October-December quarter of the current fiscal on Friday