Calls for arming CAG with "enforceable mandate"
Geetanjali Minhas | November 17, 2010
Emphasising on the need for greater accounatbility for good governance, Maharashtra governor K Shankarnarayanan on Tuesday said that the comptroller and auditor general (CAG) needs more powers and called for arming the CAG with enforceable mandate to improve public accountability.
Speaking at the 150th anniversary celebrations of the institution of the CAG, the governor said, “Citizens are increasingly seeking greater assurances about the funds being spent in accordance with the objectives for which they are earmarked and hence there is a need to strengthen the institution of the CAG.”
Calling the central vigilance commission (CVC) and the central bureau of investigation (CBI) good institutions for public acountability Sankaranarayanan also said that unless there are good officers, legislatures, parliamentarians, and ministers, good governance can not be acheived.
“New legislations, if required should be brought to address the constraints faced by the CAG” the governor said.
Speaking to media on the sidelines of the event, chairman of public accounts committee, Dilip Walse-Patil reiterated the need for strengthening the role and powers of CAG and said that laws should be amended to call retired public servants for inquiry by public accounts committee whenever required.
Referring to Adarsh Society Scam, Patil said "Public accounts committee must have the right to conduct special audit in cases where public and state interest is involved.”
With the advent of globalization came a new set of challenges for corporations, notably the duty of ensuring the well-being of all stakeholders while also protecting the planet`s natural environment. Although we are dedicated to a faster and more inclusive rate of growth, it is equally imperative that we f
BMC commissioner and administrator Iqbal Singh Chahal has been conferred with a Honorary Doctor of Science Degree (honoris causa) by Guru Nanak Dev University in Amritsar, Punjab. Chahal was conferred the degree during the 48th convocation of the University in Amritsar at the hands of Punjab
Securities and Exchange Board of India (Sebi) aims to use a two-track approach on environmental social and corporate governance (ESG). Addressing a conference on ‘ESG for Atmanirbhar Bharat` in Mumbai, Sebi chairperson Madhabi Puri Buch said that that there should not be a single carbo
Presenting authentic information is the prime responsibility of media and that facts should be properly checked before they are put in the public domain, union minister of information and broadcasting Anurag Thakur has said. “While speed with which the information is transmitted is imp
Union minister for finance and corporate affairs Nirmala Sitharaman has concluded the pre-budget consultation meetings for Budget 2023-24 that were held from November 21 to 28 in the virtual mode. More than 110 invitees representing seven stakeholder groups participated in eight meetings sch
The total coal production in the country stands at 448 million tonnes (MT) for the month of October 2022 which is 18% higher than the production of the corresponding period of last year. The growth of coal production from Coal India Ltd (CIL) is also more than 17%. The ministry of coal said