The Ministry of Home Affairs (MHA) on Wednesday cancelled the Foreign Contribution Regulation Act (FCRA) registration of the parent entity of the non-profit Centre for Financial Accountability (CFA), which monitors and critically analyses the role of financial institutions and their impact on development, human rights, and the environment.
In a recent report, the CFA had highlighted how additional projects sanctioned in a Special Economic Zone operated by the Adani Group in the Kutch region of Gujarat “will compound environmental hazards and increase the health risks for the people while further polluting the environment and accelerating degradation of the ecology.”
In December 2023, the CFA organised an online meeting with the All-India Bank Officers Confederation (AIBOC) to discuss the issues faced by public sector banks and the road ahead.
Speaking with The Hindu, Joe Athialy, Executive Director, CFA said they were yet to receive the orders cancelling the FCRA registration of CACIM (India Institute for Critical Action Centre in Movement), but they had been informed online. CFA is one of the projects of CACIM.
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