ETIG Analysis: Need of a stimulus package for NGOs

Posted by: 2021-01-02 02:47:16 ,
By Admin

Non-governmental organisations (NGO) in India, choked for funds by a welter of new regulatory compliance laws in the year of the Covid-19 pandemic, are hoping to see if the government could stitch together a stimulus package for the beleaguered sector. "There is no stimulus package being announced for us since NGOs are not looked at as a 'sector' per se," said R Balasubramaniam, founder of Grassroots Research And Advocacy Movement. The year 2020 has been a difficult year for NGOs in India (not just because of the pandemic) and the next year also potentially appears to be a difficult one. "Most NGOs are heavily reliant on their funders and with institutional funding drying up this year, several NGOs, especially the smaller ones, have suffered a lot", said Priya Naik. Consulting firm FSG estimated in July that CSR funding to NGOs will see a 30-60% reduction.
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