An NGO stands for Non-Government Organization. The term NGO originated from the United Nations (UN), and is normally used to refer to organizations that do not form part of the government and are not conventional for profit or business. Today there is need for the betterment of the underprivileged section of the society. This need can be satisfied using non-profit organization.
Today there is a need of genuine NGO for developing India. A good NGO can change the society to a great extent. If there is no poverty in USA or England, this is also because of a lot of professional NGOs running there. Whenever there is an issue in these countries, NGO always comes forward to eradicate the problem. There are Ngos that run rehabilitation centers, disaster control Ngos and much more in such countries. If India needs to be developed, a professionalism is required by leading NGOs in India.
Earlier NGO was run solely by the charismatic leader or their team. Nowadays the working style of most of NGO has changed. They are hiring professional management teams to run day to day activities of NGOs. This has brought a lot of change in the functioning style of NGO. This is the game changer or path changer in NGO sector. Nowadays, NGO has become very much professional due to such style of functioning. This has helped in the innovation of NGO.
Broadly, NGO Registration in India can be done under the following methods:-
One possible way in which you can register a Non-Government Organisation is by registering it as a trust. This kind of method is used by NGOs who work with eradicating poverty, giving education and providing medical relief. You might want to note that trusts are irrevocable. This means that they cannot change or terminated without the beneficiary's permission.
Although there is no national law that governs trusts, States like Maharashtra and Gujarat have Public Trust Acts to look into the affairs of NGOs.
Societies can be referred to member-based organizations for charitable purposes. They are run by a governing body or a managing committee.
Unlike with trusts, all societies come under the preview of Indian law. Societies in India come under the Societies Registration Act, 1860.
SECTION 8 COMPANIES
A Section 8 Company has limited liability and cannot make any profits. It is generally formed for promoting science, art, commerce, charity, religion or any other purpose that is useful to society.
When compared to Societies and Trusts, Section 8 Companies have more benefit in the sense that they have more legal standing and better credibility among government bodies and donors.