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Indian Trusts Act, 1882 is a law in India relating to private trusts and trustees. The Act defines what would lawfully be called as a trust and who can legally be its trustees and provides a definition for them.
Some of the states in India have enacted the Public Charitable Trust Act, while most states in India do not have a trust Act. An NGO can be created only under a public trust Act. Madhya Pradesh and Rajasthan have independent state-level public trust Acts. States like West Bengal, Jharkhand and Bihar do not have any Act to register a public trust.
Rajiv Gandhi Mahila Vikas Pariyojana (RGMVP) is a flagship program of the Rajiv Gandhi Charitable Trust (RGCT) which "aims to build and strengthen the community institutions of the poor". [2] It is a rights-based initiative that works for poverty reduction , women's empowerment and rural development in the backward regions of Uttar Pradesh .
Shri Ram Janmabhoomi Teerth Kshetra is a trust set up for the construction and management of Ram Mandir in Ayodhya by the Government of India in February 2020. [4] The trust is composed of 15 trustees. [5] [6] This trust organized Prana Pratishtha on 22 January 2024. [7]
Salaam Baalak Trust (SBT) is an Indian non-profit and non-governmental organization which provides support for street and working children in the Delhi-NCR. It was established in 1988 with the proceeds from the film Salaam Bombay! directed by Mira Nair .
The Indian Societies Registration Act of 1860 was enacted under the British Raj in India, but is largely still in force in India today. It provides for the registration of literary , scientific and charitable societies.
InvITs are similar to the Real Estate Investment Trust; however, the InvITs invest in infrastructure like roads, bridges etc. On September 26, 2014, the Securities and Exchange Board of India (SEBI) introduced the InvITs, and the SEBI acts as the regulatory body. [6]
Justice Shashvat Kumar, who headed the Shashvat Committee has prepared a status report on Muslims in India in 2011 and the finding of this report was that Nationwide, Waqf properties constitute a land bank worth Rs. 1.2 lakh crore and could have generated annual returns of Rs. 12,000 crores but yielded only Rs. 163 crores and found that there ...