-The Hindu Social audits ensure a citizen-centric mode of accountability The breakdown of institutions has underlined the fact that democracy — and especially public funds — need eternal public vigilance. But in India, the elites close ranks to neutralise voices of dissent and alarm, thus preventing public vigilance. Democratic governance needs the citizen to be legally empowered to ask questions, file complaints, and be a part of the corrective process. Social audits, as...
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Improving social audits -Suchi Pande & Rakesh R Dubbudu
-The Hindu Telangana’s experience is instructive The institutionalisation of “social audits” to ensure implementation of the National Rural Employment Guarantee Act (NREGA) has been challenging. Since being included in the 2005 Act at the behest of social movements, social audits have been ineffective in most parts of the country due to government indifference. So far, 26 States have created social audit units (SAUs), but the Comptroller and Auditor General’s (CAG’s) detailed guidelines...
More »RBI didn't do audit: Central Vigilance Commissioner KV Chowdary on PNB fraud
-PTI NEW DELHI: Central Vigilance Commissioner K V Chowdary on Tuesday said the Reserve Bank of India had apparently not conducted an audit during the period of time when a Rs 13,000-crore scam hit the Punjab National Bank. Chowdary stressed the need to put into place a more robust Auditing system. "They did not do this (an audit)," the head of the probity watchdog said. The CVC exercises superintendence over the CBI which...
More »SC asks Centre to curb illegal operations of multinational auditors -Dhananjay Mahapatra
-The Times of India NEW DELHI: The Supreme Court took serious note of alleged illegal operations of multi-national accounting firms (MAFs) in India in collaboration with Indian charted accountancy firms (ICAFs) and asked the Centre on Friday to examine steps to rein them in. "The Union of India may constitute a three-member committee of experts to look into the question whether, and to what extent, the statutory framework to enforce the letter...
More »Odisha tribal organisations protest against draft CAF Rules -Ishan Kukreti
-Down to Earth The protests are in opposition to the vague position of the Rules on forest-dwelling communities in the compensatory afforestation process The draft Compensatory Afforestation Fund Rules, 2018, notified by the Union Ministry of Environment, Forest and Climate Change (MoEF&CC) on February 16, have sparked protests by tribal organisations in Odisha. The protests are due to the fact that the Rules are vague on the role of communities in...
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