I am hugely intrigued by a report appearing in the KUENSEL of September 13, 2019 that read: BCCI pushes for legal status. What does that mean, exactly?
Is the Chamber seeking to pass a Bill in the Parliament, to legitimize itself, after being in existence for the past 39 years? What is illegal about an organization that is said to represent the interests of the largest of industries and businesses in the country?
In my view the Chamber is wasting its time forming Committees after Committees – to work towards passing of a Bill in the Parliament, to give it legal standing. It would be a mockery for the Parliament to deliberate on a Bill to justify the existence of a private interest group, such as a chamber of commerce and industries.
But I agree with the Secretary General of the BCCI – the organization does not fulfill the mandates of a social/public benefit organization. Thus, it cannot qualify as a Public Benefit Organization (PBO). But it certainly fulfills that of a Mutual Benefit Organization (MBO) since it works towards protecting the mutual interests and benefits of its members and that of the business sector as a whole. Thus, the BCCI should certainly qualify to be recognized and legitimized as a MBO under the CSO Act.
One certainly cannot imagine the legislative house deliberating on an Act to legitimize BCCI. That would be total waste of tax payers' money.