CAG urges to integrate "effective preventive vigilance" in PSEs

Said emphasis on preventive vigilance would provide timely warnings to the management about possible risks

GN Bureau | November 20, 2013



Shashi Kant Sharma, Comptroller & Auditor General of India (CAG) has urged public sector enterprises (PSEs) to consider ways and means to integrate effective preventive vigilance in the structure of the organizations.  

“This is the only way to make vigilance a constructive part of sound internal control system in any organization,” he said.
Speaking at a release function of the special issue of KALEIDOSCOPE Journal on “Vigilance Administration in PSEs”, organized by SCOPE, in Delhi.
 
Sharma laid emphasis on preventive vigilance, proactive, and risk assessment which provide timely warnings to the management about possible risks.  He said vigilance departments in PSEs have been taking proactive actions in developing systems and procedures which have potential to lead to correct practices.

U D Choubey, director general of SCOPE in his address said that the vigilance administration in PSEs has enhanced their image. He said PSEs have large and complex heterogeneous systems starting from their accountability to Parliament and many committees like CVC, CAG, CBI, CIC, and CCI.  He advocated for greater flexibility in public sector for speedier decision making.

Comments

 

Other News

When religion, politics and Bollywood come together

Tavleen Singh, noted journalist and political commentator, has turned to fiction, with her debut novel ‘The Actor’ (HaperCollins India). Set in the near future, it has a superstar, Amit Singh, turning to politics, when the political landscape is dominated by prime minister Guru Gaynendraj

Cabinet approves setting up of Integrated Transport & Logistics Authority

The union cabinet, chaired by prime minister Narendra Modi, on Tuesday approved the setting up of a Special Purpose Vehicle (SPV), called Integrated Transport & Logistics Authority (ITLA), to strengthen research, planning, appraisal, monitoring and impact assessment within the broad domains of Transp

Why foundational literacy and numeracy is key to school education

Foundational Literacy and Numeracy (FLN) are often described as the building blocks of education. Yet, their significance goes well beyond a child’s ability to read a sentence, write a response or solve a basic mathematical problem. These foundational skills shape how children understand the world,

When police data becomes the algorithm

For decades, policing has followed a familiar sequence: a crime occurs, the police respond, an investigation produces records and those records become part of the institutional memory of the criminal justice system. Artificial intelligence is beginning to alter that sequence. Instead of merely recording

Before India voted, the framers worried about the referee

“We are making a Constitution forever and not only for today.” Shibban Lal Saksena said this in the Constituent Assembly on June 15, 1949. He was warning that a ruling party might one day choose a loyalist to run India’s elections. Seventy-seven years later, the Supreme Court is wrestli

Delhi moves to real-time traffic management

The Cabinet Committee on Economic Affairs (CCEA), chaired by prime minister Narendra Modi, has approved implementation of the ITMS Project by Delhi Police at an estimated cost of Rs.1,789.52 crore, inclusive of taxes. The project will cover 42 identified traffic corridors and will be implemented in three

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter