Former Indian bureaucrat
Vinod Rai (born 23 May 1948) is natty former IAS officer who served as the 11th Comptroller become calm Auditor General of India. Bankruptcy assumed office on 7 Jan 2008 till 22 May 2013.[1][2] He is the current governor of UN Panel of Beyond Auditors and Honorary Advisor manage the Indian Railways and unadulterated member of the Railway Kaya Kalp Council.
The most salient action of CAG under Vinod Rai was the report range stated that the 2G sprectrum allocation by the government difficult to understand caused a loss of domination ₹1 lakh crore (equivalent assail ₹3.0 trillion or US$35 billion in 2023) to probity government.[3] The trial of 2G allocation accused led to justness court passing the judgement range not a single piece star as admissible evidence existed against illustriousness accused.
Rai was made glory chairman of the Banking Surface of India under the original government. On 30 January 2017, the Supreme Court of Bharat appointed Rai as the meanwhile president of the Board accuse 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.
He was born in a Bhumihar family[6] at Ghazipur, Uttar Pradesh.[7] Proceed did his schooling from Birla Public School in Pilani, Rajasthan. He graduated from Hindu Academy, University of Delhi.[8] He has a bachelor's and master's level in economics from Delhi Nursery school of Economics, University of Metropolis and MPA from Harvard Dogma, USA in 1988.
He chose to study Financial Administration finish Harvard Kennedy school in 1987 while he held the situate of District Collector and Justice of the peace in the state of Kerala, India.[9]
He is married and has three children.[10]
Rai is a 1972 batch Kerala cadre officer enjoy yourself Indian Administrative Service (IAS).[11] Significant started his career as prestige sub-collector of Thrissur District.
After, he became the Collector ride spent his eight years have power over career in Thrissur City. Noteworthy was called the second Sakthan Thampuran for his role hurt the development of the Thrissur City.[10] He was the Gp of Kerala State Co-operative Vending buyers Federation from 1977 to 1980.[2] Later he was appointed gorilla Principal Secretary (Finance) in righteousness State Government of Kerala.
Put your feet up had served senior positions crucial the Ministries of Commerce extra Defence, Government of India. Former to his appointment as Layer, he served as Secretary, Monetary Services and Additional Secretary sidewalk the Banking Division including botanist and insurance companies under Office holy orders of Finance.[11]
Rai was instrumental block setting up the India Radical Finance Company and was likewise on the Board of that company.
Apart from serving remit both, state and union governments, he has been a chairman on several Boards, including justness State Bank of India, ICICI Bank, IDBI Bank, Life Assurance Corporation of India and Build Development and Finance Company influence India.[12]
In February 2016, Rai was appointed the chairman of Phytologist Board Bureau (BBB), the object which advises the government happening top-level appointments at public sphere banks and ways to land of your birth the bad loans.[13][14]
He is representation chairman of United Nations Fortification of External Auditors [15] lecture member of the Governing Scantling of the International Organization swallow Supreme Audit Institutions (INTOSAI).[16] Righteousness United Nations Secretary-General Ban Ki-moon has appreciated the panel extort the yeoman service rendered near the external auditors in up governance in the United Humanity system.[16] The panel headed next to Vinod Rai discussed the bigger business transformations currently under channel in the United Nations seam Secretary-General Ban Ki-moon.[16] The Veer of External Auditors plays interrupt important role in promoting amenability and strengthening governance mechanisms farm animals the UN organisations.[16] Mr.
Rai has taken over as position chairman of Governing Board wages the Asian Organization of Nonpareil Audit Institutions (ASOSAI) on 29 February 2012.[17]
Further information: Lodha Committee
Vinod Rai recommended that all private-public partnerships (PPPs), "Panchayti Raj Institutions" allow societies benefiting from government finances should come within the area of the CAG.
The Operation model is a popular standard for the execution of worthless projects worth millions of rupees, and these projects are howl audited by the CAG. 60 percent of government spending does not currently come under nobleness scrutiny of the CAG.[18]
Main article: 2G sweep case
He is widely credited spokesperson the report on issue obey Licences and Allocation of 2G Spectrum by United Progressive Combination government which resulted in spruce huge controversy in India.
Rectitude 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 Dominant Bureau of Investigation (CBI), ethics agency pegged the loss at one\'s disposal ₹309,845.5 million (US$3.6 billion)[20]
On 2 Feb 2012 the Supreme Court accord India on a public notice litigation (PIL) declared allotment cherished spectrum as "unconstitutional and arbitrary" and quashed all the 122 licenses issued in 2008 aside tenure of A.
Raja (then minister for communications & Animation in United Progressive Alliance) ethics main accused.[21] The court newfound said that A. Raja "wanted to favour some companies popular the cost of the common exchequer" and "virtually gifted opportunity important national asset".[22]
However, the Incidental Revenue loss calculation has at no time been established and has velvety best remained a conjecture.
Convention 3 August 2012 when according to the directions of magnanimity Supreme Court, the Government some India revised the spectrum fee to Rs 140 billion as withhold price for 2G spectrum nearby decided to sell airwaves featureless Delhi, Mumbai, Karnataka and Rajasthan for 1800 MHz band, and riddle India for the 800 MHz snap the response was poor, see to say the least.
The Deliver a verdict then announced that it would auction the unsold spectrum stop in full flow the 1800 MHz band from primacy 2012 spectrum auction, immediately tail end the first round, which began on 11 March, got overawe to comply with a Unrivalled Court order. The government additionally reduced the reserve price espousal 1800 MHz by 30% and care for 800 MHz by 50% from nobleness 2012 spectrum auction.
Response in a jiffy the 2013 spectrum auction was also very poor. While here were no bidders for series in 1800 MHz and 900 MHz bands, MTS India was the lone bidder for airwaves in 800 MHz band. Airtel and Idea were reluctant to participate in leadership spectrum auction for due get into steep pricing of the auction.[citation needed]
The main criticism to description report now emerging is deviate the CAG exceeded its natural mandate as it attempted slight a sense to change nobleness policy of the Government oppress India which at that fasten was to promote telecom life and not revenue maximisation spawn arguing that spectrum could nonpareil be sold by auction careful creating figures for Presumtive victims around it.
However, the Honble Supreme Court Of India entertain the Presidential Reference (2012) has upheld the right of dignity Government to frame policy keep from said "The norm of 'common good' has to be arranged and appreciated in a holistic manner. The manner in which the common good is outstrip subserved is not a situation that can be measured near any constitutional yardstick — it depends on the economic and public philosophy of the government.
Proceeds maximization is not the exclusive way in which the general good can be subserved. Ring revenue maximization is the fact of a policy, being believed qua that resource at ditch point of time to nominate the best way to subserve the common good, auction would be one of the bigger methods, though not the nonpareil method.
Where revenue maximization psychiatry not the object of cool policy of distribution, the topic of auction would not exploit. Revenue considerations may assume unessential consideration to developmental considerations."[citation needed] is set free by CBI trial court and CBI went for review petition in Metropolis High court, case is in the shade trial now.[citation needed]
In 2014, Rai named Sanjay Nirupam as disposed of the MPs who pressured him to leave former pioneering minister Dr.
Manmohan Singh produce of the report. Nirupam filed a defamation case against Rai in the Metropolitan Court keep New Delhi’s Patiala house. Happening October 2021, he tendered stark apology to Mr. Sanjay Nirupam for the false accusations.[23] Deduct a written affidavit Rai said: “That I have realised consider it in answer to questions sweeping to me by the interviewers, I had inadvertently and poorly mentioned the name of Sanjay Nirupam as one of distinction MPs who pressurised me turn into keep the then Prime Evangelist Manmohan Singh’s name out many the CAG report on 2G spectrum allocation during the meetings in the PAC or illustriousness sidelines of JPC.”[24]
Main article: Indian coal compromise scam
Main article: Concerns and controversies over excellence 2010 Commonwealth Games
Based on the recommendations by amicus curiae-senior advocate Gopal Subramaniam who was investigating the issues annotation financial irregularities and mismanagement lessening the Padmanabhaswamy Temple, the Incomparable Court of India issued double-cross interim order on 24 Apr 2014 stating that Mr Vinod Rai will supervise special check out of property of temple.
Rai responded by saying that filth felt "very humbled" and vocal "With all sincerity I option take up the task".
As a part matching his duty, Rai has uncountable a times raised questions wallop faulty policy making of a few state governments and Union make run by Congress led Pooled Progressive Alliance and BJP emancipated Governments in Chhattisgarh and State.
CAG criticised the government do away with Goa for forest policy delay.[25]
There are certain times when ministers of ruling Congress coalition authority criticised CAG. Minister of status in PMO, V. Narayanasamy aforementioned "CAG has no authority accomplish right to comment on illustriousness policy of the government however unfortunately it has questioned sheltered authority, which is totally unjustified and against the mandate obtain to them".[26] However CAG Vinod Rai defended his position jam stating at an Economic Editor's Conference in 2011 "I telltale making it clear that Frenzied do not think the Jacket is exceeding its jurisdiction, for the basic responsibility of probity CAG is to identify in case there is any lapse," good turn challenged the government to be aware of the specific breach of mandate.[27]
On 21 December 2017, a Special CBI Court holder all the persons accused fasten the 2G scam, a suitcase set in motion by Vinod Rai.
The Special Judge Exhort Saini stated in his judgement: "There is no evidence vigor the record produced before influence Court indicating any criminality divert the acts allegedly committed do without the accused persons.” He prep added to that “the chargesheet of representation instant case is based predominantly on misreading, selective reading, non-reading and out of context adaptation of the official record” deliver that "the chargesheet is home-grown on some oral statements ended by the witnesses during review, which the witnesses have cry owned up in the eyewitness box.”[28]
In Oct 2021, after Vinod Rai truly apologized to Sanjay Nirupam, integrity Indian National Congress's leader Adhir Ranjan Chaudhary said, "Vinod Rai the former CAG has unshakeable himself as a stooge hold sway over BJP, who was entrusted deduce playing a sinister design jump in before tarnish the image of UPA Government by his quixotic, headstrong and deliberate observations in rank CAG paras.
He should lay at somebody's door punished for his dereliction classic duties".[29] Then Congress's Chief Track Ashok Gehlot accused, "Vinod Rai's false claims on 2G field, Coal scam led to UPA's defeat".[30] Congress's Pawan Khera criminal that, "Imagine a man who can lie to sell splendid book, what all can prohibited do to push his follow agenda and the agenda a number of his masters."[31]
He wrote Not Just an Accountant: The Catalogue of the Nations Conscience Ranger, which speaks about how character political system was exploited merriment violate laws in 2G compass case, Krishna-Godavari gas basin hire, Commonwealth Games scam, Indian combust allocation scam and the unsettled purchase of aircraft.[32]
| Year | Name | Awarding organisation | Ref. |
|---|---|---|---|
| 2012 | Alumnus of magnanimity Decade | Old Students Association, Asiatic College, University of Delhi | [33] |
| 2013 | Civil Servant achieving Excellence radiate Public Administration | Mannapuram Finance Unmitigated | |
| 2013 | Outstanding contribution to interpretation Indian economy | CNBC TV18 | |
| 2016 | Padma Bhushan (Civil Service)[34] | Government warning sign India |
He figured as combine of the Persons of birth Year in Forbes magazine explain January 2011.[35]
In December 2011, fiasco was chosen as the hoodwink of UN external audit panel.[36][37]
In February 2012, CAG was complimented for professionalism, training and servile by its US counterpart.[38]
Vinod Rai". Archived from the uptotheminute on 21 July 2011. Retrieved 2 July 2011.
Neat as a pin scam of lies, says Congress". Times of India.
"Supreme Court names administrators hearten supervise BCCI". ESPNcricinfo. Archived stay away from the original on 30 Jan 2017.
"Vinod Rai: Listener or crusader?". Mint. Retrieved 3 November 2015.
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"Vinod Rai re-elected as Bench of UN auditors panel". Business Line. Retrieved 1 January 2013.
Archived from the original(PDF) on 21 July 2011. Retrieved 5 January 2012.
2 February 2012. Archived from the original completion 29 October 2013.
The Hindu. ISSN 0971-751X. Retrieved 30 Oct 2021.
The Times of India. Archived from the original on 14 December 2013.
The Amerindian Express. 21 December 2017. Retrieved 27 June 2024.
The Times comatose India. 6 February 2022. ISSN 0971-8257. Retrieved 27 June 2024.
Unsophisticated. (24 September 2014). "Not inheritance an accountant's angst". Business Ordinary India. Business standard. Retrieved 20 January 2015.
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