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Saturday, July 05, 2008

Charity begins at home

For democracy to work, government agencies must have the highest standards of accountability, transparency and have foundations of sound governance structures. Writing in Financial Express, Vikas Dhoot says that we should do unto EPFO as we did to Sahara.

I'm reminded of a theme that I often emphasise: the transparency standards that we demand of RBI (which hides data on its trading) should atleast match those that we require of FIIs (where trading data is disclosed daily).

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1 comment:

  1. AnonymousSunday, 6 July 2008 at 16:08:00 GMT+5:30

    Hangover of 200 yrs of colonial rule has resulted in a line of theory that foreigners are the ones that can harm us. In any form - politics, social and economic. Home bred bureaucrats and politicians have been maundering the nation under the garb of this propaganda.

    Sincerely
    Subrata

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