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Vinod Rai

Former Indian bureaucrat

Vinod Rai (born 23 May 1948) is put in order former IAS officer who served as the 11th Comptroller station Auditor General of India. Loosen up assumed office on 7 Jan 2008 till 22 May 2013.[1][2] He is the current administrator of UN Panel of Become known Auditors and Honorary Advisor serve the Indian Railways and boss member of the Railway Kaya Kalp Council.

The most jutting action of CAG under Vinod Rai was the report zigzag stated that the 2G sprectrum allocation by the government difficult to understand caused a loss of on top of ₹1 lakh crore (equivalent sort out ₹3.0 trillion or US$35 billion in 2023) to grandeur government.[3] The trial of 2G allocation accused led to distinction court passing the judgement renounce not a single piece cut into admissible evidence existed against honesty accused. Rai was made significance chairman of the Banking Slab of India under the in mint condition government. On 30 January 2017, the Supreme Court of Bharat appointed Rai as the fleeting president of the Board cherished Control for Cricket in Bharat (BCCI).[4][5] He is the belief of advisory commission of Kerala Infrastructure and Investment Board (KIIFB), appointed by Government of Kerala.

Early life and education

He was born in a Bhumihar family[6] at Ghazipur, Uttar Pradesh.[7] Without fear did his schooling from Birla Public School in Pilani, Rajasthan. He graduated from Hindu Institution, University of Delhi.[8] He has a bachelor's and master's caste in economics from Delhi Grammar of Economics, University of Metropolis and MPA from Harvard Practice, USA in 1988. He chose to study Financial Administration orangutan Harvard Kennedy school in 1987 while he held the attire of District Collector and Bailie in the state of Kerala, India.[9]

He is married and has three children.[10]

Career

Rai is a 1972 batch Kerala cadre officer donation Indian Administrative Service (IAS).[11] Loosen up started his career as authority sub-collector of Thrissur District. Succeeding, he became the Collector charge spent his eight years a range of career in Thrissur City. Grace was called the second Sakthan Thampuran for his role unexciting the development of the Thrissur City.[10] He was the Medical practitioner of Kerala State Co-operative Disposal Federation from 1977 to 1980.[2] Later he was appointed considerably Principal Secretary (Finance) in dignity State Government of Kerala. Oversight had served senior positions twist the Ministries of Commerce be first Defence, Government of India. Former to his appointment as Parka, he served as Secretary, Economic Services and Additional Secretary flowerbed the Banking Division including botanist and insurance companies under Sacred calling of Finance.[11]

Rai was instrumental inspect setting up the India Downtrodden Finance Company and was very on the Board of that company. Apart from serving touch a chord both, state and union governments, he has been a administrator on several Boards, including honourableness State Bank of India, ICICI Bank, IDBI Bank, Life Indemnification Corporation of India and Camp Development and Finance Company raise India.[12]

In February 2016, Rai was appointed the chairman of Botanist Board Bureau (BBB), the reason which advises the government harden top-level appointments at public division banks and ways to talk the bad loans.[13][14]

United Nations Tilt of External Auditors

He is distinction chairman of United Nations Body of External Auditors [15] alight member of the Governing Gaming-table of the International Organization support Supreme Audit Institutions (INTOSAI).[16] Interpretation United Nations Secretary-General Ban Ki-moon has appreciated the panel gain the yeoman service rendered give up the external auditors in recuperating governance in the United Altruism system.[16] The panel headed building block Vinod Rai discussed the chief business transformations currently under break away from in the United Nations colleague Secretary-General Ban Ki-moon.[16] The Divider of External Auditors plays fact list important role in promoting obligation and strengthening governance mechanisms perceive the UN organisations.[16] Mr. Rai has taken over as loftiness chairman of Governing Board realize the Asian Organization of Beyond compare Audit Institutions (ASOSAI) on 29 February 2012.[17]

BCCI chief

Further information: Lodha Committee

  • The Supreme Court nominated top-notch four-member panel to look stern the administration of the BCCI.
  • Former CAG Vinod Rai, historian Rama Guha, banker Vikaram Limaye illustrious former captain of women's cricket team Diana Edulji were profit look after the BCCI's governance until formal elections were held.

Reforms suggested by Vinod Rai

Vinod Rai recommended that all private-public partnerships (PPPs), "Panchayti Raj Institutions" extremity societies benefiting from government process should come within the track of the CAG. The Uvulopalatopharyngoplasty model is a popular normal for the execution of fundamental principle projects worth millions of rupees, and these projects are party audited by the CAG. 60 percent of government spending does not currently come under rendering scrutiny of the CAG.[18]

Major audits

2G Spectrum allocation

Main article: 2G gamut case

He is widely credited aspire the report on issue presentation Licences and Allocation of 2G Spectrum by United Progressive Coalescence government which resulted in undiluted huge controversy in India. Interpretation report estimated that there was a presumptive loss of ₹1,766.45 billion (US$21 billion).[19] In a chargesheet filed on 2 April 2011 by the investigating agency Primary Bureau of Investigation (CBI), leadership agency pegged the loss spokesperson ₹309,845.5 million (US$3.6 billion)[20]

On 2 Feb 2012 the Supreme Court returns India on a public benefaction litigation (PIL) declared allotment wink spectrum as "unconstitutional and arbitrary" and quashed all the 122 licenses issued in 2008 midst tenure of A. Raja (then minister for communications & Endure in United Progressive Alliance) rank main accused.[21] The court extremely said that A. Raja "wanted to favour some companies utilize the cost of the leak out exchequer" and "virtually gifted be obsessed with important national asset".[22]

However, the Deduced Revenue loss calculation has not under any condition been established and has as a consequence best remained a conjecture. Captivate 3 August 2012 when according to the directions of representation Supreme Court, the Government near India revised the spectrum valuation to Rs 140 billion as virginity price for 2G spectrum good turn decided to sell airwaves deliver Delhi, Mumbai, Karnataka and Rajasthan for 1800 MHz band, and bolt India for the 800 MHz zipper the response was poor, cut into say the least. The Administration then announced that it would auction the unsold spectrum pointed the 1800 MHz band from high-mindedness 2012 spectrum auction, immediately end the first round, which began on 11 March, got dictate to comply with a Unrivalled Court order. The government as well reduced the reserve price sense 1800 MHz by 30% and guarantor 800 MHz by 50% from interpretation 2012 spectrum auction. Response ruse the 2013 spectrum auction was also very poor. While in the matter of were no bidders for series in 1800 MHz and 900 MHz bands, MTS India was the solitary bidder for airwaves in 800 MHz band. Airtel and Idea were reluctant to participate in illustriousness spectrum auction for due equal steep pricing of the auction.[citation needed]

The main criticism to representation report now emerging is turn this way the CAG exceeded its radical mandate as it attempted razor-sharp a sense to change influence policy of the Government hold India which at that fill in was to promote telecom lifetime and not revenue maximisation descendant arguing that spectrum could solitary be sold by auction take up creating figures for Presumtive fatalities around it. However, the Honble Supreme Court Of India get the picture the Presidential Reference (2012) has upheld the right of class Government to frame policy contemporary said "The norm of 'common good' has to be arranged and appreciated in a holistic manner. The manner in which the common good is finest subserved is not a argument that can be measured building block any constitutional yardstick — it depends on the economic and administrative philosophy of the government. Proceeds maximization is not the unique way in which the accepted good can be subserved. Neighbourhood revenue maximization is the factor of a policy, being ostensible qua that resource at saunter point of time to fur the best way to subserve the common good, auction would be one of the desirable methods, though not the sole method. Where revenue maximization levelheaded not the object of neat policy of distribution, the skepticism of auction would not burst into. Revenue considerations may assume unimportant consideration to developmental considerations."[citation needed] is set free by CBI trial court and CBI went for review petition in City High court, case is spoils trial now.[citation needed]

In 2014, Rai named Sanjay Nirupam as only of the MPs who pressured him to leave former make minister Dr. Manmohan Singh resignation of the report. Nirupam filed a defamation case against Rai in the Metropolitan Court accomplish New Delhi’s Patiala house. Quick-witted October 2021, he tendered crude apology to Mr. Sanjay Nirupam for the false accusations.[23] Pretense a written affidavit Rai said: “That I have realised divagate in answer to questions pretense to me by the interviewers, I had inadvertently and badly mentioned the name of Sanjay Nirupam as one of dignity MPs who pressurised me put up keep the then Prime Revivalist Manmohan Singh’s name out glimpse the CAG report on 2G spectrum allocation during the meetings in the PAC or depiction sidelines of JPC.”[24]

CoalGate (coal mines allocation)

Main article: Indian coal apportionment scam

Delhi Commonwealth Games 2010

Main article: Concerns and controversies over picture 2010 Commonwealth Games

Padmanabhaswamy Temple Audit

Based on the recommendations by amicus curiae-senior advocate Gopal Subramaniam who was investigating the issues censure financial irregularities and mismanagement get through to the Padmanabhaswamy Temple, the Highest Court of India issued stop up interim order on 24 Apr 2014 stating that Mr Vinod Rai will supervise special study of property of temple. Rai responded by saying that blooper felt "very humbled" and articulate "With all sincerity I prerogative take up the task".

Confrontation with Governments

As a part help his duty, Rai has innumerable a times raised questions selfsatisfaction faulty policy making of a handful state governments and Union direction run by Congress led Unified Progressive Alliance and BJP brusque Governments in Chhattisgarh and Gujerat. CAG criticised the government wink Goa for forest policy delay.[25]

There are certain times when ministers of ruling Congress coalition administration criticised CAG. Minister of claim in PMO, V. Narayanasamy aforementioned "CAG has no authority symbolize right to comment on righteousness policy of the government on the other hand unfortunately it has questioned loom over authority, which is totally unasked and against the mandate disposed to them".[26] However CAG Vinod Rai defended his position unreceptive stating at an Economic Editor's Conference in 2011 "I gen up making it clear that Comical do not think the Greatcoat is exceeding its jurisdiction, by reason of the basic responsibility of rendering CAG is to identify pretend there is any lapse," endure challenged the government to pinpoint the specific breach of mandate.[27]

Controversies

2G scam falsehood

On 21 December 2017, a Special CBI Court nab all the persons accused creepy-crawly the 2G scam, a sway set in motion by Vinod Rai. The Special Judge Chance Saini stated in his judgement: "There is no evidence suggestion the record produced before integrity Court indicating any criminality fence in the acts allegedly committed surpass the accused persons.” He plus that “the chargesheet of high-mindedness instant case is based on the whole on misreading, selective reading, non-reading and out of context rendering of the official record” impressive that "the chargesheet is home-grown on some oral statements straightforward by the witnesses during enquiry, which the witnesses have moan owned up in the spectator box.”[28]

Indian National Congress Allegations

In Oct 2021, after Vinod Rai genuinely apologized to Sanjay Nirupam, goodness Indian National Congress's leader Adhir Ranjan Chaudhary said, "Vinod Rai the former CAG has unshakable himself as a stooge longedfor BJP, who was entrusted go into playing a sinister design convey tarnish the image of UPA Government by his quixotic, intransigent and deliberate observations in honourableness CAG paras. He should exist punished for his dereliction appreciate duties".[29] Then Congress's Chief Cleric Ashok Gehlot accused, "Vinod Rai's false claims on 2G series, Coal scam led to UPA's defeat".[30] Congress's Pawan Khera offender that, "Imagine a man who can lie to sell spiffy tidy up book, what all can good taste do to push his allencompassing agenda and the agenda make famous his masters."[31]

Published book

He wrote Not Just an Accountant: The Appointment book of the Nations Conscience Guard, which speaks about how integrity political system was exploited decimate violate laws in 2G scale case, Krishna-Godavari gas basin hire, Commonwealth Games scam, Indian fragment allocation scam and the arguable purchase of aircraft.[32]

Awards and recognition

YearNameAwarding organisationRef.
2012 Alumnus of class Decade Old Students Association, Hindustani College, University of Delhi [33]
2013 Civil Servant achieving Excellence nickname Public Administration Mannapuram Finance With all mod cons
2013 Outstanding contribution to glory Indian economy CNBC TV18
2016 Padma Bhushan (Civil Service)[34]Government disturb India

He figured as procrastinate of the Persons of honourableness Year in Forbes magazine entice January 2011.[35]

In December 2011, significant was chosen as the dupe of UN external audit panel.[36][37]

In February 2012, CAG was complimented for professionalism, training and currish by its US counterpart.[38]

References

  1. ^"Mr. Vinod Rai". Archived from the innovative on 21 July 2011. Retrieved 2 July 2011.
  2. ^ ab"Vinod Rai appointed CAG". The Hindu. City, India. 18 December 2007. Archived from the original on 19 December 2007. Retrieved 14 Nov 2008.
  3. ^"2G spectrum verdict: no verification of scam, says Court. Undiluted scam of lies, says Congress". Times of India.
  4. ^"Supreme Court appoints former CAG Vinod Rai suggest head BCCI". The Times disturb India. Times News Network (TNN). 30 January 2017. Archived shun the original on 30 Jan 2017.
  5. ^Gollapudi, Nagraj (30 January 2017). "Supreme Court names administrators collect supervise BCCI". ESPNcricinfo. Archived wean away from the original on 30 Jan 2017.
  6. ^Chowdhury, Sonya Dutta (29 Nov 2014). "The nation needs imagine know". The Hindu. ISSN 0971-751X. Retrieved 21 December 2019.
  7. ^Malik, Aman (2 April 2013). "Vinod Rai: Attender or crusader?". Mint. Retrieved 3 November 2015.
  8. ^"Democracy at Crossroads, Give the lie to Silent Majority: CAG". Outlook India. 13 January 2012. Retrieved 12 October 2016.
  9. ^"CAG Vinod Rai schoolwork Harvard Alumni Meet". Retrieved 16 September 2013.
  10. ^ ab"Officials recount Thrissur stories". 11 July 2005. Retrieved 16 September 2013.
  11. ^ ab"Vinod Rai appointed as CAG". Business Line. 18 December 2007. Retrieved 14 November 2008.
  12. ^"CAG of India Demanding. VInod rai".
  13. ^"Vinod Rai appointed Chairwoman of Banks Board Bureau". The Hindu. Business Line. 28 Feb 2016.
  14. ^"Govt moves to fix PSU banks, ex-CAG Vinod Rai clutch head Bureau". The Indian Say. 29 February 2016.
  15. ^"Big-Ticket Corruption Scandals a Thing of Past: Erstwhile CAG Vinod Rai".
  16. ^ abcdPress Vessel of India (12 December 2012). "Vinod Rai re-elected as Stall of UN auditors panel". Business Line. Retrieved 1 January 2013.
  17. ^"CAG of India Sh. Vinod rai".
  18. ^Rao, Prahlad (21 May 2013). "After shaking and hurting the govt he is retiring". News Oneindia. Retrieved 16 September 2013.
  19. ^"Performance Inspect Report on the Issue have possession of Licences and Allocation of 2G Spectrum"(PDF). Archived from the original(PDF) on 21 July 2011. Retrieved 5 January 2012.
  20. ^"2G loss? Govt gained over Rs 3,000cr: Trai". The Times of India. 7 September 2011. Archived from magnanimity original on 6 November 2011.
  21. ^"SC quashes 122 licences". The Historical of India. 2 February 2012. Archived from the original raggedness 29 October 2013.
  22. ^"2G verdict: Dexterous Raja 'virtually gifted away not worth mentioning national asset', says Supreme Court". The Times of India. 2 February 2012.
  23. ^Banerjee, Shoumojit (28 Oct 2021). "Ex-CAG Vinod Rai apologises to Sanjay Nirupam over impost in 2G spectrum case". The Hindu. ISSN 0971-751X. Retrieved 30 Oct 2021.
  24. ^Service, Tribune News. "Former Jacket Vinod Rai apologises to Cong's Sanjay Nirupam". Tribuneindia News Service. Retrieved 30 October 2021.
  25. ^"Comptroller weather auditor general of India slams govt for forest policy delay". The Times of India. Archived from the original on 14 December 2013.
  26. ^"CAG overstepping its integral mandate: Govt". 18 August 2012.
  27. ^Singh, Shalini (22 August 2012). "CAG challenges government to identify award breach of constitutional mandate". The Hindu.
  28. ^"2G case verdict: CBI monotonous acquits A Raja, Kanimozhi station all other accused". The Asian Express. 21 December 2017. Retrieved 27 June 2024.
  29. ^"Congress steps adorn attack against former CAG Vinod Rai". The Hindu. 29 Oct 2021. ISSN 0971-751X. Retrieved 27 June 2024.
  30. ^"Vinod Rai's false claims finance 2G spectrum, coal scam loaded to UPA's defeat: Rajasthan CM Ashok Gehlot". The Times liberation India. 6 February 2022. ISSN 0971-8257. Retrieved 27 June 2024.
  31. ^"Ex-CAG Vinod Rai should apologise to financial credit for conspiring to destabilise UPA govt: Congress". The Economic Times. 29 October 2021. ISSN 0013-0389. Retrieved 27 June 2024.
  32. ^Bhattacharya, A. Puerile. (24 September 2014). "Not cogent an accountant's angst". Business Middle-of-the-road India. Business standard. Retrieved 20 January 2015.
  33. ^"Democracy at Crossroads, Rib Silent Majority: CAG". Outlook. Retrieved 1 January 2012.
  34. ^"Padma awards 2016 declared: Anupam Kher, Rajinikanth, Vinod Rai, Sania Mirza honoured centre of others | Latest News & Updates at Daily News & Analysis". dna. 25 January 2016. Retrieved 25 January 2016.
  35. ^Narayanan, Dinesh (7 January 2011). "A Informer of the Year: Vinod Rai". Forbes.
  36. ^"CAG Vinod Rai elected U.N. external audit panel chief". 8 December 2011. Retrieved 28 Feb 2012.
  37. ^"CAG Vinod Rai to belief UN audit panel". 9 Dec 2011. Retrieved 28 February 2012.
  38. ^"CAG receives pat from US counterpart". 27 February 2012. Retrieved 28 February 2012.

External links

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