War on Covid: Nasscom seeks easing of FCRA for smoother foreign aid flow

Also wants govt to allow all WHO-approved vaccines into the country

Topics
Nasscom | FCRA

BS Reporter  |  Mumbai 

IT services industry body has sought for a temporary relaxation in the Foreign Contribution Regulation Act (FCRA) for foreign aid to come smoothly into the country to fight the surge in Covid numbers. The industry body also requested that the government should allow all WHO-approved vaccines into the country.

said in a letter: “Many countries and global companies are providing aid to India and are helping the healthcare infrastructure deal with the surge. However, the amended provisions of the Act, 2020 are proving to be a deterrent. Given the humanitarian crisis, we would request the government to grant a temporary waiver to the Act and the 2020 amendments. This will enable NGOs to transfer funds between two approved NGOs and non-FCRA approved NGOs.”

It also asked the government to liberalise the vaccine imports further and make them available for the private sector as well. “While we are attempting to source available vaccines in India, we request the government to provide emergency-use authorisation for all WHO-approved vaccines-–Pfizer, Moderna, J&J, and others that have gone through stringent approval process globally, to ensure there is no vaccine divide in the country.”

The industry body also urged that the government must take its recommendation of building a data utilisation strategy to deal with the CVID crisis. Covid tracking and vaccination, insights, and analytics from data could play a key role in decision making and early warning signals. Data is one of the most strategic ammunition available to manage the pandemic and respond better. “We must ensure effective access to data for insights and planning, across all states and key departments, on a priority,” said in its letter to the PM.

Times like this call for greater partnership and collaboration across industries and the government. Nasscom in its letter to the Prime Minister has made three critical asks which will enable the industry to do more and act faster to help the country navigate the second wave and be better prepared to deal with future waves.

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Read our full coverage on Nasscom
First Published: Thu, May 13 2021. 14:34 IST
RECOMMENDED FOR YOU