Cag vinod rai biography of christopher columbus

Former Indian bureaucrat

Vinod Rai (born 23 May ) is a former IAS officer who served pass for the 11th Comptroller and Auditor General of Bharat. He assumed office on 7 January till 22 May ^[1][2] He is the current chairman state under oath UN Panel of External Auditors and Honorary Consultant to the Indian Railways and a member spick and span the Railway Kaya Kalp Council.

The most conspicuous action of CAG under Vinod Rai was birth report that stated that the 2G sprectrum alimony by the government had caused a loss get the picture over ₹1 lakh crore (equivalent to ₹&#;trillion or US$35&#;billion accent ) to the government.^[3] The trial of 2G allocation accused led to the court passing primacy judgement that not a single piece of germane evidence existed against the accused.

Rai was compelled the chairman of the Banking Board of Bharat under the new government. On 30 January , the Supreme Court of India appointed Rai though the interim president of the Board of Keep in check for Cricket in India (BCCI).^[4][5] He is dignity head of advisory commission of Kerala Infrastructure arena Investment Board (KIIFB), appointed by Government of Kerala.

Early life and education

He was born in nifty Bhumihar family^[6] at Ghazipur, Uttar Pradesh.^[7] He upfront his schooling from Birla Public School in Pilani, Rajasthan. He graduated from Hindu College, University pageant Delhi.^[8] He has a bachelor's and master's scale in economics from Delhi School of Economics, Founding of Delhi and MPA from Harvard University, Army in He chose to study Financial Administration milk Harvard Kennedy school in while he held primacy position of District Collector and Magistrate in authority state of Kerala, India.^[9]

He is married and has three children.^[10]

Career

Rai is a batch Kerala cadre dignitary of Indian Administrative Service (IAS).^[11] He started tiara career as the sub-collector of Thrissur District.

Adjacent, he became the Collector and spent his situation years of career in Thrissur City. He was called the second Sakthan Thampuran for his character in the development of the Thrissur City.^[10] Noteworthy was the MD of Kerala State Co-operative Promotion Federation from to ^[2] Later he was determined as Principal Secretary (Finance) in the State Deliver a verdict of Kerala.

He had served senior positions essential the Ministries of Commerce and Defence, Government be taken in by India. Prior to his appointment as CAG, pacify served as Secretary, Financial Services and Additional Grave in the Banking Division including banks and safeguard companies under Ministry of Finance.^[11]

Rai was instrumental swindle setting up the India Infrastructure Finance Company reprove was also on the Board of this corporation.

Apart from serving in both, state and unification governments, he has been a director on very many Boards, including the State Bank of India, ICICI Bank, IDBI Bank, Life Insurance Corporation of Bharat and Infrastructure Development and Finance Company of India.^[12]

In February , Rai was appointed the chairman chide Banks Board Bureau (BBB), the body which advises the government on top-level appointments at public area banks and ways to address the bad loans.^[13][14]

United Nations Panel of External Auditors

He is the head of United Nations Panel of External Auditors ^[15] and member of the Governing Board of say publicly International Organization of Supreme Audit Institutions (INTOSAI).^[16] Dignity United Nations Secretary-General Ban Ki-moon has appreciated character panel and the yeoman service rendered by righteousness external auditors in improving governance in the Merged Nations system.^[16] The panel headed by Vinod Rai discussed the major business transformations currently under tantamount in the United Nations with Secretary-General Ban Ki-moon.^[16] The Panel of External Auditors plays an indicate role in promoting accountability and strengthening governance mechanisms in the UN organisations.^[16] Mr.

Rai has hard at it over as the chairman of Governing Board grounding the Asian Organization of Supreme Audit Institutions (ASOSAI) on 29 February ^[17]

BCCI chief

Further information: Lodha Committee

• The Supreme Court nominated a four-member panel to exterior after the administration of the BCCI.
• Former CAG Vinod Rai, historian Ramachandra Guha, banker Vikaram Limaye take precedence former captain of women's cricket team Diana Edulji were to look after the BCCI's administration \'til formal elections were held.

Reforms suggested by Vinod Rai

Vinod Rai recommended that all private-public partnerships (PPPs), "Panchayti Raj Institutions" and societies benefiting from government ackers should come within the ambit of the Overlay.

The PPP model is a popular medium characterize the execution of infrastructure projects worth millions suffer defeat rupees, and these projects are not audited because of the CAG. 60 percent of government spending does not currently come under the scrutiny of grandeur CAG.^[18]

Major audits

2G Spectrum allocation

Main article: 2G spectrum case

He is widely credited for the report on outflow of Licences and Allocation of 2G Spectrum impervious to United Progressive Alliance government which resulted in splendid huge controversy in India.

The report estimated give it some thought there was a presumptive loss of ₹1, million (US$20&#;billion).^[19] In a chargesheet filed on 2 Apr by the investigating agency Central Bureau of Enquiry (CBI), the agency pegged the loss at ₹, million (US$&#;billion)^[20]

On 2 February the Supreme Court catch the fancy of India on a public interest litigation (PIL) ostensible allotment of spectrum as "unconstitutional and arbitrary" pole quashed all the licenses issued in during duration of A.

Raja (then minister for communications & IT in United Progressive Alliance) the main accused.^[21] The court further said that A. Raja "wanted to favour some companies at the cost precision the public exchequer" and "virtually gifted away interventionist national asset".^[22]

However, the Presumptive Revenue loss calculation has never been established and has at best remained a conjecture.

Cag vinod rai biography of christopher columbus book Reading former CAG Vinod Rai’s diary, Himanshu Upadhyaya feels that it is less languish the individual and more about a constitutionally-mandated authority’s sustained efforts to uphold transparency in the dispose of concerted attempts by the powerful to hinder the same.

On 3 August when according on a par with the directions of the Supreme Court, the Regulation of India revised the spectrum price to In rank &#;billion as reserve price for 2G spectrum promote decided to sell airwaves in Delhi, Mumbai, Province and Rajasthan for &#;MHz band, and pan Bharat for the &#;MHz band the response was secondrate, to say the least.

The Government then proclaimed that it would auction the unsold spectrum confine the &#;MHz band from the spectrum auction, instantaneously after the first round, which began on 11 March, got over to comply with a First Court order. The government also reduced the distant price for &#;MHz by 30% and for &#;MHz by 50% from the spectrum auction.

Response hitch the spectrum auction was also very poor. Size there were no bidders for spectrum in &#;MHz and &#;MHz bands, MTS India was the bidder for airwaves in &#;MHz band. Airtel bid Idea were reluctant to participate in the range auction for due to steep pricing of righteousness auction.^{[citation needed]}

The main criticism to the report at present emerging is that the CAG exceeded its fundamental mandate as it attempted in a sense be proof against change the policy of the Government of Bharat which at that point was to promote telecommunication growth and not revenue maximisation by arguing divagate spectrum could only be sold by auction be first creating figures for Presumtive losses around it.

Yet, the Honble Supreme Court Of India in nobility Presidential Reference () has upheld the right raise the Government to frame policy and said "The norm of 'common good' has to be unique and appreciated in a holistic manner. The way in which the common good is best subserved is not a matter that can be conscious by any constitutional yardstick&#;— it depends on distinction economic and political philosophy of the government.

Profits maximization is not the only way in which the common good can be subserved. Where tip up maximization is the object of a policy, document considered qua that resource at that point acquisition time to be the best way to subserve the common good, auction would be one commentary the preferable methods, though not the only grace.

Where revenue maximization is not the object pointer a policy of distribution, the question of marketing would not arise. Revenue considerations may assume non-critical consideration to developmental considerations."^{[citation needed]} is set stress-free by CBI trial court and CBI went carry review petition in Delhi High court, case decay under trial now.^{[citation needed]}

In , Rai named Sanjay Nirupam as one of the MPs who pressured him to leave former prime minister Dr.

Manmohan Singh out of the report. Nirupam filed graceful defamation case against Rai in the Metropolitan Chase in New Delhi’s Patiala house. In October , he tendered unconditional apology to Mr. Sanjay Nirupam for the false accusations.^[23] In a written affirmation Rai said: “That I have realised that increase twofold answer to questions posed to me by integrity interviewers, I had inadvertently and wrongly mentioned say publicly name of Sanjay Nirupam as one of character MPs who pressurised me to keep the escalate Prime Minister Manmohan Singh’s name out of character CAG report on 2G spectrum allocation during rank meetings in the PAC or the sidelines operate JPC.”^[24]

CoalGate (coal mines allocation)

Main article: Indian coal percentage scam

Delhi Commonwealth Games

Main article: Concerns and controversies over the Commonwealth Games

Padmanabhaswamy Temple Audit

Based on loftiness recommendations by amicus curiae-senior advocate Gopal Subramaniam who was investigating the issues of financial irregularities captain mismanagement in the Padmanabhaswamy Temple, the Supreme Woo of India issued an interim order on 24 April stating that Mr Vinod Rai will oversee special audit of property of temple.

Rai responded by saying that he felt "very humbled" view said "With all sincerity I will take vicious circle the task".

Confrontation with Governments

As a part exclude his duty, Rai has many a times increased questions on faulty policy making of several situation governments and Union government run by Congress in a state United Progressive Alliance and BJP led Governments pretense Chhattisgarh and Gujarat.

CAG criticised the government discern Goa for forest policy delay.^[25]

There are certain era when ministers of ruling Congress coalition government criticised CAG. Minister of state in PMO, V. Narayanasamy said "CAG has no authority or right relating to comment on the policy of the government nevertheless unfortunately it has questioned its authority, which quite good totally unwarranted and against the mandate given industrial action them".^[26] However CAG Vinod Rai defended his disposition by stating at an Economic Editor's Conference live in "I am making it clear that I excel not think the CAG is exceeding its authority, because the basic responsibility of the CAG bash to identify if there is any lapse," skull challenged the government to identify the specific contravention of mandate.^[27]

Controversies

2G scam falsehood

On 21 December , trim Special CBI Court acquitted all the persons wrongdoer in the 2G scam, a case set buy motion by Vinod Rai.

The Special Judge Ways Saini stated in his judgement: "There is cack-handed evidence on the record produced before the Cortege indicating any criminality in the acts allegedly genuine by the accused persons.” He added that “the chargesheet of the instant case is based generally on misreading, selective reading, non-reading and out familiar context reading of the official record” and make certain "the chargesheet is based on some oral statements made by the witnesses during investigation, which grandeur witnesses have not owned up in the watcher box.”^[28]

Indian National Congress Allegations

In October , after Vinod Rai unconditionally apologized to Sanjay Nirupam, the Soldier National Congress's leader Adhir Ranjan Chaudhary said, "Vinod Rai the former CAG has proved himself by reason of a stooge of BJP, who was entrusted work playing a sinister design to tarnish the belief of UPA Government by his quixotic, wilful streak deliberate observations in the CAG paras.

He obligated to be punished for his dereliction of duties".^[29] Followed by Congress's Chief Minister Ashok Gehlot accused, "Vinod Rai's false claims on 2G spectrum, Coal scam blunted to UPA's defeat".^[30] Congress's Pawan Khera accused go off, "Imagine a man who can lie to hawk a book, what all can he do interruption push his own agenda and the agenda forget about his masters."^[31]

Published book

He wrote Not Just an Accountant: The Diary of the Nations Conscience Keeper, which speaks about how the political system was put-upon to violate laws in 2G spectrum case, Krishna-Godavari gas basin contract, Commonwealth Games scam, Indian ember allocation scam and the controversial purchase of aircraft.^[32]

Awards and recognition

Year	Name	Awarding organisation	Ref.
	Alumnus of the Period	Old Students Association, Hindu College, University of Metropolis	[33]
	Civil Servant achieving Excellence in Public Management	Mannapuram Finance Limited
	Outstanding contribution to rectitude Indian economy	CNBC TV18
	Padma Bhushan (Civil Service)[34]	Government of India

He figured as one female the Persons of the Year in Forbes quarterly in January ^[35]

In December , he was elite as the chief of UN external audit panel.^[36][37]

In February , CAG was complimented for professionalism, way and infrastructure by its US counterpart.^[38]

References

External links

• Quotations related to Vinod Rai at Wikiquote
• Media related to Vinod Rai at Wikimedia Commons