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CVC to develop Integrity Index for Central PSUs

By IndianMandarins- 26 Oct 2017
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cvc-to-develop-integrity-index-for-25-govt-organizations-cvc-iim-ahemedabad-psu-public-scetor-undertakings-public-sector-banks-integrity-indexThe CVC is said to be working on developing an Integrity Index in collaboration with IIM-Ahmedabad. The index may benchmark internal processes and controls within an organization as well as management of relationships and expectations of outside stakeholders. Initially, it may be introduced in 25 government organizations and bring out annual scores/rankings of Public Sector Undertakings/Public Sector Banks and Financial Institutions/Departments/Ministries of Government of India by linking the essential drivers of vigilance with long-term efficiency, profitability and sustainability of public organizations and create an internal and external ecosystem that promotes working with Integrity in public organizations. The main objectives for which the Integrity Index is to be established are: 1. Define what constitutes Integrity of Public Organizations 2. Identify the different factors of Integrity and their inter-linkages 3. Create an objective and reliable tool that can measure the performance of organizations along these above factors 4. Validate the findings over a period of time to improve the robustness of the tool that measures Integrity 5. Create an internal and external ecosystem that promotes working with Integrity where public organizations lead the way.

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