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NGO – Trust or Society ?

Non Governmental Organisation (NGO) or Non Profit Organisation (NPO) can be registered by many registration process in India like Society, Company, Trust or any valid formation but status of the registered organisation is equal and equally recognised as NGO (Non Governmental Organisation / Non Profit Organisation).
Registration process of NGO under Indian Trust Act, Society Registration Act, Company Registration Act or any other act/ law are different but status of the registered organisation is equal as NGO. There is no difference in the status of NGO to get funding from Central/State Government Departments/ Ministries, Foreign funding agencies, Indian funding agencies, companies for Corporate social responsibility, individuals or any support agencies.
NGO registered through any process/ act can get registered under Income Tax Act, Foreign Currency Regulation Act (FCRA) or any kind of registration with any Government requirement. Every registered NGO are not eligible for the registration under various departments' registration. The NGO must fulfills the registration process and parameters as required by the concerned department or authority. But the basic registration parameters do not matter that by which act the Voluntary Organisation is registered as NGO.
Just check here the comparison, difference and similarity between Trust, Society and Non Profit Company: Trust, Society and Company.
So now question is that how to register and under which act you have to register NGO? What kind of NGO is suitable to operate and manage? For answer and solution you can discuss with NGO Consultants at

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ICICI Social Initiative Group (SIG)

As one of the largest financial institutions in India, ICICI’s overall mission has been to build the capacities of commercial entities and, thereby, enable them to become agents of economic change. It believes that building the capacities of the poorest of the poor to participate in the economy and society is a natural extension of this role. With this in mind, ICICI has been contributing to the social sector for nearly 30 years, mainly by financing and advising organizations working in the development sector.


Mission statement

The mission statement of the SIG is “to identify and support initiatives designed to improve the capacities of the poorest of the poor to participate in the larger economy”. The SIG believes that the three fundamental capacities any individual should possess to be able to participate in the larger economy are in the areas of health, education and access to basic financial services. Within these broad areas, infant health at birth, elementary education and micro financial services define areas in which the SIG’s work focuses, The group’s involvement is not at the grassroots, though field visits, aimed at assessing need and facilitating dialogue, form an integral part: of their work.


Focus Areas

  • Primary health
  • Primary education
  • Micro-finance


Health : Early Child Health

ICICI Bank aims to aims to improve individual capacity by impacting two important indicators of chronic under nutrition in the first three years at the national level :

> Proportion of babies born with a birth weight of less than 2.5 kg at or beyond 37 weeks of gestation (Intra-Uterine Growth retardation, IUGR)

> Proportion of children under three years who are stunted.


Education: Elementary Education

Education (and not just literacy) up to the elementary level seems to be almost a necessary condition for any individual (rich or poor) to be able to participate in any manner in the larger economy. Here the goal is to work towards the universalisation of elementary education all across India, rural and urban, with a substantial difference being made by 2010. The goal focuses on retention in school and learning achieved.


Money : Micro Financial Services

These services would include basic banking (savings and cash management), finance (debt and equity), insurance (life and health) and derivatives. The goal here is to facilitate universal access to these four services by the year 2010.

In addition to its core areas of focus, the SIG in a limited manner, supports some other initiatives:


  1. Non-Governmental Organization (NGO) Capacity Building

This is supported through the GIVE (Giving Impetus to Voluntary Effort) Foundation and the


The website seeks to provide a variety of services to NGOs listed on the site including facilitating the receipt of donations online (Give Online), sale of NGO products (Shop Online), volunteering of time and skills (Volunteer Online) and news (News Online).


  1. Modernization of the Indian Financial System

This involves encouraging appropriate research and institution building efforts on a national basis. The website,, is a virtual non-profit research centre that acts as a platform to address and encourage debate, and develop a non-partisan opinion on various issues of concern and interest in financial economics relating to emerging markets. ICICI Bank has supported the development of various financial institutions such as the National Stock Exchange and the Bombay Stock Exchange. It has also supported the Institute for Financial Management and Research, Chennai.


The ICICI Bank SIG’s Proposal Processing System

This system has been developed to help you/NGOs apply for finance for your not-for-profit, social development projects. It also helps to track the status of your application, follow-up on the project, and communicate with the Social Initiatives Group.


If the organization is already registered, it has to inter its User Name and Password to login to

the system.


For registration, please click on the Registration link on ICICI social to send the details of the organization to SIG. The SIG will review the details and revert to the organization. Please note that your organization MUST be registered with SIG to apply for finance.


For any queries, please contact at (022) 26531414, and ask for Social Initiatives Group.



Manager, Social Initiatives Group, ICICI Bank Limited,

ICICI Bank towers, Bandra – Kuria Complex, Mumbai 400 051,

Tel : 022-2653-1414, Fax: 022-2653-1164


Email : First write name of the person e.g. shilpa.deshpande who was looking after this SIG program then @

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