Sunday, November 4, 2012

MY VIEWS IN ECONOMIC TIMES ON TRANSPARENCY & ON RAIL REVENUE

Economic Times Story on 04.11.12: Transparency key to achieve high economic growth: Vinod Rai, CAG
Comments of MILAN K SINHA (PATNA) 
04 Nov, 2012 09:58 AM

What CAG has said is absolutely correct. Transparency and Accountability are the basic pre-requisites of good governance in any performing system. And if our democratic system is to function systematically as per the constitutional provisions, we must restore the rule of law with more and more competency, transparency and accountability as the tax payer has the right to know how his money is being spent. In fact, what we see and find today in our country is nothing but the fact that the law makers have started behaving like law breakers with the added arrogance of their position of power. No doubt, public awareness initiatives through noddy booklets by the Govt. Auditor will definitely go a long way to let the common man know what actually is happening in different offices/departments and thereby provide an opportunity to think and act to raise his voice to clean the rot in the system for a better tomorrow.
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Economic Times Story on 04.11.12: Railways to lease 3,700 acre land in next 2-3 years
Comments of MILAN K SINHA (PATNA) 
04 Nov, 2012 02:32 PM

This is one route through which Indian Railways can improve its revenue.There are many other ways. While travelling by rail, one can find the movable assets of many kinds lying here and there for years together without attracting the attention of the inspecting rail officials for doing the needful to add some revenue to its balance sheet. Similarly, if the ticket checking system is revamped to minimise the number of ticketless travellers together with reduction in mal-practices by railway personnel at the operational level, the earnings can be improved further. To say, resource efficiency has to be very much in place in every aspects of its functioning. After all, money saved is money earned. So, Indian Railways must complete the exercise for optimum utilisation of existing resources before thinking of taking the short cut route of increasing the fare to boost revenue.

                                   Will meet again with Open Mind. All the Best.

2 comments:

  1. Transparency and accountability are must for better economic growth.But dishonesty is not seen in only Govt. functionories but in so many areas.Improper education and lack of morality/national feeling is also responsible the present situation.CAG s work /role is highly appreciable.G.P.Tripathi.

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    1. Thanks for sharing your views candidly. All the Best.

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