The Central Vigilance Commission (CVC) will rank and give a score to the central government organisations on anti- corruption measures being taken by them.
The rationale behind this move is to make systematic change through the tool of Integrity Index.
In order to make that systematic change the CVC has decided to develop the Integrity Index-based on bench-marking of internal processes and controls within an organisation as well as management of relationships and expectations of outside stakeholders.
Why Integrity Index?
It will bring out annual rankings/ scores of Public Sector Banks/ Public Sector Undertakings (PSBs/PSUs) and Financial Institutions/Departments/Ministries of Government of India.
These rankings and scores will be based on essential drivers of vigilance with long term efficiency, sustainability and profitability of public organizations.
It will promote working with Integrity in public organizations.
How to create Integrity Index?
The CVC is working on Research-based approach for creating an integrity index which will help various organizations.
IIM-Ahmedabad has been engaged to develop the Integrity Index and 25 other organizations have been selected for development of the Integrity Index.
The 25 organisations are the Indian Oil Corporation Ltd, Oil and Natural Gas Corporation Limited, NTPC Ltd, Eastern Coalfields, Western Coalfields, Steel Authority of India Limited, Punjab National Bank, Syndicate Bank, National Highways Authority of India and Railways Ministry, among others.
The Central Board of Direct Taxes (CBDT), Bharat Heavy Electricals (BHEL), Mahanagar Telephone Nigam Limited (MTNL), Delhi Development Authority (DDA), South MCD, Food Corporation of India (FCI) and National Mineral Development Corporation are also among the initially selected organisations.
The main objectives to establish Integrity Index:
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 upon 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.