Non-profit organizations are vital change agents for the country. They operate in fields like education, health, poverty eradication, and environmental protection. A Non Profit Organisationis one whose objects or activities have been declared under law. That is carried out for purposes other than those of direct or indirect profit. It must be formed for charitable purposes that would pass a public good test. In India, organizations need registration under relevant laws such as the Societies Registration Act or Trusts/Non-Profit Companies.
How do non-profit organizations lead the way?
Because most NPOs operate on donations and grants, provisions like Donation Under 80G are required. Funds are channeled to various causes, including underprivileged communities and environmental conservation, when donors finance NPOs. Strong regulation of NPOs is directed to matters of transparency and accountability. Hence, the people's trust is increased. Pard India is greatly influencing communities with services that may not be possible through others. They are engines of social development and change.
