World NGO Day 27 February 2024: Know here The Social Benefits of NGO

World NGO Day 27 February 2024: On February 27th each year, the world comes together to recognize and celebrate the tremendous contributions of Non-Governmental Organizations (NGOs) across the globe. These organizations, operating independently of governments, are the unsung heroes addressing a myriad of issues that impact our shared humanity.

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Here the history, theme, importance and social benefits of World NGO Day are explained, further read the article World NGO Day 27 February 2024.

World NGO Day 27 February 2024:Theme

NGOs operate on the front lines of critical issues, making a profound impact in areas such as:

1. Human Rights Advocacy: NGOs tirelessly promote and protect human rights, championing equality and justice for all.

2. Environmental Guardianship:  From climate change to biodiversity conservation, NGOs play a vital role in safeguarding our planet’s future.

3. Poverty Alleviation and Sustainable Development: NGOs work towards eradicating poverty and promoting sustainable development in marginalized communities.

4. Education and Healthcare Access: Ensuring that quality education and healthcare reach underserved populations is a cornerstone of many NGOs.

5. Peace and Conflict Resolution: NGOs are instrumental in building peace and resolving conflicts on a global scale.

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History of World NGO Day

The inception of World NGO Day can be traced back to the visionary proposal by social entrepreneur Marcis Liors Skadmanis in 2009. Though officially declared by the Baltic Sea NGO Forum in 2010, international recognition came in 2014 from influential bodies like the European Union, the United Nations, and ASEAN.

World NGO Day 27 February 2024

The Significance of World NGO Day:World NGO Day 27 February 2024

World NGO Day is not merely a date on the calendar; it is a global platform for sharing knowledge and values among organizations dedicated to societal betterment. This annual celebration acknowledges the collective efforts of NGOs worldwide, recognizing their role in elevating the standard of living for countless individuals. It is a moment to spotlight the profound impact of philanthropists and international organizations, highlighting their role in fostering unity to overcome shared global challenges.

Celebrating World NGO Day is an expression of gratitude for the relentless endeavors made by NGOs to create positive change. This day is more than a symbolic gesture; it is a collective recognition of the transformative power inherent in collaborative action for a better world.

World NGO Day 27 February 2024: Several social benefits

1.:Tax Exemption

   Registering under the Companies Act, 2013 enables NGOs to enjoy tax exemptions. This means the organization is exempt from various taxes, allowing saved funds to be allocated to further projects and initiatives.

2. Right to Acquire Assets:

   An officially registered NGO has the legal right to acquire land, own fixed assets, and take on liabilities under its common seal. Unregistered organizations are prohibited from buying, holding, or selling land.

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3. No Minimum Share Capital Requirement:

   NGOs can function independently without the need for a minimum share capital. Direct funding through charitable contributions is permissible, eliminating the requirement for a higher share capital.

Registering as an NGO not only brings legal recognition but also opens up avenues for financial advantages and operational flexibility, enabling these organizations to focus on their core missions and contribute positively to society.

Video by The English Educator

Q-What is World NGO Day, and why do we celebrate it?

World NGO Day is a special day we celebrate every year on February 27th. It’s all about saying thank you and recognizing the important work of Non-Governmental Organizations (NGOs) around the world.

Q-What are NGOs, and what do they do?

NGOs are groups that help others without making a profit. They do good things like protecting the environment, making sure people have rights, helping poor communities, giving education and healthcare, and working for peace.

Q-Who came up with the idea of World NGO Day, and when did it start?

A person named Marcis Liors Skadmanis had the idea in 2009, but we officially started celebrating it in 2014. It got recognized by big groups like the European Union and the United Nations.

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