Banke Bihari Temple Secures FCRA License to Accept Foreign Donations
The Union Ministry of Home Affairs (MHA) has granted the Banke Bihari Temple in Vrindavan, Uttar Pradesh, a license under the Foreign Contribution (Regulation) Act (FCRA), enabling it to receive foreign funds. This approval follows a court’s intervention, which led to the formation of a management committee overseeing the temple’s operations. The committee had applied for the FCRA license, citing the temple’s substantial foreign currency receipts and its intention to accept international donations.
Historically, the Banke Bihari Temple was managed privately by a family of priests. However, due to legal proceedings, the court established a management committee to oversee the temple’s administration. This transition has facilitated the temple’s compliance with regulatory requirements, including the application for the FCRA license.
The FCRA license permits the Banke Bihari Temple to accept foreign contributions, which will support its religious and cultural activities. The MHA’s approval was granted after a thorough application process, including the necessary court approvals.
With the FCRA license, the Banke Bihari Temple can now legally receive and utilize foreign donations, enhancing its capacity to serve devotees and maintain its cultural heritage. This development is expected to strengthen the temple’s financial stability and expand its outreach to the global community of devotees.
The Foreign Contribution (Regulation) Act, 2010, regulates the acceptance and utilization of foreign contributions by individuals, associations, and companies in India. Organizations must obtain FCRA registration to receive foreign funds, ensuring transparency and accountability in the use of such contributions.
| Key Points | Details |
|---|---|
| Why in News | Banke Bihari Temple in Vrindavan received MHA approval for an FCRA license to accept foreign donations. |
| Location | Vrindavan, Uttar Pradesh |
| State Details | Chief Minister: Yogi Adityanath; Capital: Lucknow |
| Court Involvement | A management committee was formed following court intervention to oversee temple operations. |
| FCRA License Details | Enables acceptance of foreign funds for religious and cultural activities. |
| Regulatory Act | Foreign Contribution (Regulation) Act (FCRA), 2010 governs the acceptance of foreign contributions in India. |
In an important development in the banking sector, the Government of India has extended the…
In a major endorsement of India’s digital payments ecosystem, Google has launched its first-ever credit…
The Global Investment Risk and Resilience Index 2025, released by Henley & Partners in collaboration…
Multinational corporations continue to dominate the global economy, and the 2025 Hurun Global 1000 Report…
Many countries around the world are known for their beautiful islands, which attract travellers, nature…
Every year, people around the world decorate Christmas trees with lights, ornaments, stars, and colorful…