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Rijiju for better monitoring of foreign accounts

Minister of State for Home Kiren Rijiju on Wednesday told Rajya Sabha that the Home Ministry is in touch with the RBI to enable better monitoring of foreign accounts.

By IANS English
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New Delhi, March 15: The Home Ministry has been in touch with the RBI to enable better monitoring of foreign accounts, Minister of State for Home Kiren Rijiju told the Rajya Sabha on Wednesday.

Rijiju speaks on monitoring of FAs

The ministry has requested the Reserve Bank of India to integrate FCRA (Foreign Contribution Regulation Act) accounts with Public Financial Management System for this purpose, he said in a written reply.

"It will enable the ministry to monitor receipt and utilisation of foreign contributions credited such bank accounts," Rijiju said.

IANS

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