Dehradun: In a bid to stop money laundering and prevent the possibility of financing to terrorist organisations in the state, the Uttarakhand government has decided to set up a separate department that would keep a tab on the flow of funds to the NGOs, especially those coming from abroad.

The issue of black money came up for discussion during the meeting chaired by Chief Secretary Subhash Kumar. It was decided that NGOs found to be guilty of malpractice would be punished accordingly.

The state government has also decided to seek help from agencies like Union Home Ministry, Intelligence Bureau, Reserve Bank of India and Income Tax department in their bid to regulate flow of money in the state.

Chief Secretary informed that as per the guidelines of the Foreign Exchange Regulation Act, all the NGOs are suppose to renew their registration in every five years. It would also be seen that the amount which is being taken from the foreign countries is being used for the right purpose or not.

The administrative cost should not be more than 50 percent and the money utilised should not be used for anti-national activities. The amount received should not be transferred to any other person or department. There should be proper monitoring of the funds received from the foreign countries.

The Chief Secretary has also directed to prepare a list of NGOs in the state.

(JPN/ Bureau)