Moneylife Events
Governance and transformation from within the system can change the lives of citizens

The panellists at Moneylife Foundation’s 6th Anniversary felt that governance and transformation from within the system can change the lives of citizens and technology can play a major role in this

 

“The government is part of the society. And like other elements of the society, government employees are also under tremendous stress all the time, which needs to be evaluated” said, Dr Praveen Gedam, Municipal Commissioner of Nashik. He was speaking during a panel discussion on "Governance and Transformation from within the System".

 

Other participants in the discussion included, Dr RC Sinha, Advisor to the Ministry of Road Transport & Highways and Ministry of Shipping, Dr Anupam Saraph, Former CIO of Pune and former IT advisor to CM Goa, Shailesh Gandhi, Former Central Information Commissioner and Debashis Basu, Editor & Publisher of Moneylife. The Panel Discussion was moderated by Mr Basu.

 

Dr Sinha, who was also Additional Chief Secretary of Maharashtra, said, "People often complain about non-governance. But look at the quality of people they choose as their representatives. The government official may have don't 100s of good things, but even a single case may go against him. We as government officials have no support from the politicians or even the public. There is whole system based on fraud and no reward (for honest officials). There simply no protection for honest officials."

 

Dr Sinha was replying to a question asked by Mr Gandhi, the Former Central Information Commissioner, who is back again to the RTI activism.

 

Mr Gandhi had said, ”We need a government that can consistently deliver what is required for the benefit of citizens. In addition, there are no human resources (HR) specialists for evaluating performance and rewarding employees accordingly. What Dr Gedam has done in Nashik in terms of transparently putting up the Municipal Corporation’s information online, is absolutely fantastic. But then why it cannot be replicated in other cities like Mumbai or Delhi?”

 

Dr Saraph felt that while digital technology is a transforming word, we need to understand that it is a double edged sword. “People are considered different from government and technology can play as enabler. But at the same time, we need to understand that technology alone is not a solution and participation from people can make the while system much better.”

 

Summing up the discussion Moneylife's Editor & Publisher, Mr Basu, said, "A solution that is proven to help ease lives of citizens and also improves the system should be replicated across. But what is more important is it should become a rule".

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COMMENTS

Meenal Mamdani

10 months ago

Mr. Gandhi's question is valid and timely. If a digital enabled method has been shown to work in a govt dept, then why can't it be implemented in similar depts across the state? The smart city project has earmarked crores for digital technology so there is ample money available for such initiatives.

Information about improving governance at the temple is very heartening. Temples have been in the news for all the wrong reasons. May be Maharashtra could foster a competition among temples to get ISO certification.

Shirish Sadanand Shanbhag

10 months ago

A lively intellectual discussion on important issues and administrative reforms in Government machinery, on the occasion of 6th Anniversary day of Moneylife Foundation.

'Improving loan origination quality must for securitisation market to develop'
Chennai : Securitisation of loan accounts is one way of improving liquidity of banks' assets but the development of securitisation market depends on improving the quality of loan origination, said a senior official of the Reserve Bank of India (RBI) here on Friday.
 
"For the securitisation markets to develop, we need to improve the quality of loan origination, which solely depends upon 'ownership of decisions' relating to loan origination," said deputy governor R.Gandhi.
 
He was speaking at the 'Union Bank Conference on Financial Stability, Credit distress and Economic Growth: The way forward' at the Great Lakes Institute of Management near here.
 
Simply put, securitisation is the sale of loan accounts to another player for a sum. The loan accounts thus transferred will not figure in the books of the seller.
 
According to Gandhi, directed lending in whatever form and outsourcing the loan appraisal function dilutes the concept of owning up this crucial decision of loan origination and contended that those who outsource the loan origination process have no commitment to the loan quality.
 
He also said central government - the owner of public sector banks - will be more than compensated by increased revenues and better valuations if the costs of social banking is provided through budgetary support after costing them on commercial principles.
 
Noting people perceive the public sector banks are relatively immune to destabilising impacts owing to government's support, he said that the same sense of safety evades the government-owned banks when it comes to their valuations which in turn has an efficiency imperative - when judged by their returns on asset or capital employed.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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Income tax office cautions taxpayers about fake emails
New Delhi : India's income tax department on Friday cautioned taxpayers not to share their card personal identification numbers (PIN) or mail passwords, clarifying that it never requests such details over email.
 
In a statement, the department said that taxpayers must be are aware the department does not seek confidential or financial information of the taxpayers over email.
 
"The Income Tax Department never asks for your PIN numbers, passwords or similar access information for credit cards, banks or other financial accounts through e-mail," said a union finance ministry statement here on steps taken by the tax department to safeguard taxpayers from "phishing" emails.
 
"The Income Tax Department appeals to taxpayers not to respond to such emails and NOT to share information relating to their credit card, bank and other financial accounts," it said, adding it is "very sensitive and alert to attempts made by fraudsters to spoof the department's identity to send phishing emails".
 
It said all taxpayer reports of phishing emails are forwarded to [email protected], which is a government agency mandated to fight against such threats.
 
Listing various best practices implemented, the statement said the use of protocols in this regard enables email receiver domains such as Gmail, Yahoo and Hotmail to determine whether or not a received email is actually from the department and block phishing emails from reaching the taxpayer.
 
It asked taxpayers to check for the domain name carefully as fake emails will have mis-spelt or incorrect sounding variants of websites of the tax department.
 
"Do not open such emails in spam or junk folder and do not reply to such emails. Do not open any attachments. Attachments may contain malicious code," it said.
 
"Do not click on any links and even if you have clicked on links inadvertently in a suspicious e-mail or phishing website then do not enter confidential information like bank account, or credit card details," it added.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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