Akkineni International Foundation loses FRCA license

akkineni-foundationThe prestigious Akkineni International Foundation has lost its FRCA license. Director SS Rajamouli was the last one who was awarded ANR National Award 2017, This foundation was instituted by the Akkineni Nageswara Rao in 2004.

Union ministry of Home Affairs confirmed that they have cancelled Foreign Contribution Regulation Because ANR foundation has failed to file the IT returns from 2011 to 2016 for six financial years.

In Telangana, FCRA registration of 190 NGOs was cancelled, while 454 NGOs of Andhra Pradesh, highest in the country, lost their FCRA registration.