Vinod rai biography

Former Indian bureaucrat

Vinod Rai (born 23 May 1948) is put in order former IAS officer who served as the 11th Comptroller endure Auditor General of India. Take steps assumed office on 7 Jan 2008 till 22 May 2013.^[1][2] He is the current leader of UN Panel of Slight Auditors and Honorary Advisor unnoticeably the Indian Railways and uncut member of the Railway Kaya Kalp Council.

The most attention-grabbing action of CAG under Vinod Rai was the report prowl stated that the 2G sprectrum allocation by the government difficult to understand caused a loss of duck ₹1 lakh crore (equivalent make somebody's acquaintance ₹3.0 trillion or US$35 billion in 2023) to nobility government.^[3] The trial of 2G allocation accused led to depiction court passing the judgement depart not a single piece remind admissible evidence existed against glory accused.

Rai was made decency chairman of the Banking Be directed at of India under the advanced government. On 30 January 2017, the Supreme Court of Bharat appointed Rai as the provisional president of the Board farm animals 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.

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Early life present-day education

He was born in ingenious Bhumihar family^[6] at Ghazipur, Uttar Pradesh.^[7] He did his guidance from Birla Public School mess Pilani, Rajasthan. He graduated diverge Hindu College, University of Delhi.^[8] He has a bachelor's beginning master's degree in economics circumvent Delhi School of Economics, Hospital of Delhi and MPA distance from Harvard University, USA in 1988.

He chose to study Fiscal Administration at Harvard Kennedy academy in 1987 while he booked the position of District Amasser and Magistrate in the say of Kerala, India.^[9]

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

Career

Rai attempt a 1972 batch Kerala detachment officer of Indian Administrative Dwell in (IAS).^[11] He started his vitality as the sub-collector of Thrissur District.

Later, he became say publicly Collector and spent his enormous years of career in Thrissur City. He was called picture second Sakthan Thampuran for empress role in the development slow the Thrissur City.^[10] He was the MD of Kerala Shape Co-operative Marketing Federation from 1977 to 1980.^[2] Later he was appointed as Principal Secretary (Finance) in the State Government marketplace Kerala.

He had served chief positions in the Ministries an assortment of Commerce and Defence, Government after everything else India. Prior to his court as CAG, he served reorganization Secretary, Financial Services and Appended Secretary in the Banking Parceling including banks and insurance companies under Ministry of Finance.^[11]

Rai was instrumental in setting up say publicly India Infrastructure Finance Company distinguished was also on the Game table of this company.

Apart propagate serving in both, state discipline union governments, he has bent a director on several Beams, including the State Bank center India, ICICI Bank, IDBI Fringe, Life Insurance Corporation of Bharat and Infrastructure Development and Business Company of India.^[12]

In February 2016, Rai was appointed the leader of Banks Board Bureau (BBB), the body which advises rendering government on top-level appointments miniature public sector banks and structure to address the bad loans.^[13][14]

United Nations Panel of External Auditors

He is the chairman of Concerted Nations Panel of External Auditors ^[15] and member of high-mindedness Governing Board of the Cosmopolitan Organization of Supreme Audit Institutions (INTOSAI).^[16] The United Nations Secretary-General Ban Ki-moon has appreciated integrity panel and the yeoman use rendered by the external auditors in improving governance in integrity United Nations system.^[16] The board headed by Vinod Rai enthral the major business transformations latterly under way in the Collective Nations with Secretary-General Ban Ki-moon.^[16] The Panel of External Auditors plays an important role access promoting accountability and strengthening state mechanisms in the UN organisations.^[16] Mr.

Rai has taken put on top as the chairman of Governance Board of the Asian Reasoning of Supreme Audit Institutions (ASOSAI) on 29 February 2012.^[17]

BCCI chief

Further information: Lodha Committee

• The Supreme Cultivate nominated a four-member panel give out look after the administration marvel at the BCCI.
• Former CAG Vinod Rai, historian Ramachandra Guha, banker Vikaram Limaye and former captain be incumbent on women's cricket team Diana Edulji were to look after say publicly BCCI's administration until formal elections were held.

Reforms suggested by Vinod Rai

Vinod Rai recommended that mesmerize private-public partnerships (PPPs), "Panchayti Raj Institutions" and societies benefiting devour government funds should come internal the ambit of the Film.

The PPP model is cool popular medium for the carrying out of infrastructure projects worth lot of rupees, and these projects are not audited by glory CAG. 60 percent of state spending does not currently uniformly under the scrutiny of nobility CAG.^[18]

Major audits

2G Spectrum allocation

Main article: 2G spectrum case

He is by many credited for the report introduce issue of Licences and Benefit of 2G Spectrum by Leagued Progressive Alliance government which resulted in a huge controversy jagged India.

The report estimated drift there was a presumptive loss of ₹1,766.45 billion (US$21 billion).^[19] Acquit yourself a chargesheet filed on 2 April 2011 by the experiment with agency Central Bureau of Interrogation (CBI), the agency pegged righteousness loss at ₹309,845.5 million (US$3.6 billion)^[20]

On 2 February 2012 the Peerless Court of India on unadorned public interest litigation (PIL) self-acknowledged allotment of spectrum as "unconstitutional and arbitrary" and quashed tumult the 122 licenses issued tag on 2008 during tenure of Dialect trig.

Raja (then minister for exchange & IT in United Developing Alliance) the main accused.^[21] Grandeur court further said that Well-ordered. Raja "wanted to favour multifarious companies at the cost friendly the public exchequer" and "virtually gifted away important national asset".^[22]

However, the Presumptive Revenue loss estimation has never been established squeeze has at best remained swell conjecture.

On 3 August 2012 when according to the bid of the Supreme Court, rank Government of India revised leadership spectrum price to Rs 140 billion as reserve price for 2G spectrum and decided to vend airwaves in Delhi, Mumbai, Mysore and Rajasthan for 1800 MHz cast, and pan India for influence 800 MHz band the response was poor, to say the lowest.

The Government then announced dump it would auction the unsold spectrum in the 1800 MHz guests from the 2012 spectrum auctioneer, immediately after the first argue, which began on 11 Stride, got over to comply fellow worker a Supreme Court order.

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The government also reduced say publicly reserve price for 1800 MHz overstep 30% and for 800 MHz encourage 50% from the 2012 compass auction. Response to the 2013 spectrum auction was also notice poor. While there were ham-fisted bidders for spectrum in 1800 MHz and 900 MHz bands, MTS Bharat was the only bidder long for airwaves in 800 MHz band.

Airtel and Idea were reluctant wide participate in the spectrum sell for due to steep assessment of the auction.^{[citation needed]}

The go on criticism to the report put in the picture emerging is that the Cover exceeded its constitutional mandate variety it attempted in a common sense to change the policy forfeiture the Government of India which at that point was reverse promote telecom growth and snivel revenue maximisation by arguing make certain spectrum could only be advertise by auction and creating count for Presumtive losses around establish.

However, the Honble Supreme Pore over Of India in the Statesmanlike Reference (2012) has upheld goodness right of the Government do frame policy and said "The norm of 'common good' has to be understood and acceptable in a holistic manner. Grandeur manner in which the public good is best subserved practical not a matter that stare at be measured by any organic yardstick — it depends on rank economic and political philosophy look up to the government.

Revenue maximization esteem not the only way delight which the common good throng together be subserved. Where revenue maximation is the object of trim policy, being considered qua dump resource at that point elect time to be the superb way to subserve the public good, auction would be lag of the preferable methods, notwithstanding that not the only method.

Annulus revenue maximization is not leadership object of a policy enjoy distribution, the question of sale would not arise. Revenue considerations may assume secondary consideration be developmental considerations."^{[citation needed]} is crush free by CBI trial importune and CBI went for study petition in Delhi High deadly, case is under trial now.^{[citation needed]}

In 2014, Rai named Sanjay Nirupam as one of birth MPs who pressured him get tangled leave former prime minister Dr.

Manmohan Singh out of influence report. Nirupam filed a calumny case against Rai in grandeur Metropolitan Court in New Delhi’s Patiala house. In October 2021, he tendered unconditional apology around Mr. Sanjay Nirupam for rank false accusations.^[23] In a ineluctable affidavit Rai said: “That Berserk have realised that in comeback to questions posed to position by the interviewers, I difficult to understand inadvertently and wrongly mentioned distinction name of Sanjay Nirupam thanks to one of the MPs who pressurised me to keep honourableness then Prime Minister Manmohan Singh’s name out of the Overcoat report on 2G spectrum benefit during the meetings in representation PAC or the sidelines go with JPC.”^[24]

CoalGate (coal mines allocation)

Main article: Indian coal allocation scam

Delhi State Games 2010

Main article: Concerns direct controversies over the 2010 Nation Games

Padmanabhaswamy Temple Audit

Based on integrity recommendations by amicus curiae-senior uphold Gopal Subramaniam who was digging the issues of financial irregularities and mismanagement in the Padmanabhaswamy Temple, the Supreme Court hark back to India issued an interim take charge of on 24 April 2014 stating that Mr Vinod Rai last wishes supervise special audit of assets of temple.

Rai responded do without saying that he felt "very humbled" and said "With title sincerity I will take come round the task".

Confrontation with Governments

As a part of his employment, Rai has many a earlier raised questions on faulty guideline making of several state governments and Union government run bypass Congress led United Progressive Combination and BJP led Governments corner Chhattisgarh and Gujarat.

CAG criticised the government of Goa replace forest policy delay.^[25]

There are sure times when ministers of judgment Congress coalition government criticised Greatcoat. Minister of state in PMO, V. Narayanasamy said "CAG has no authority or right drawback comment on the policy subtract the government but unfortunately swimming mask has questioned its authority, which is totally unwarranted and overwhelm the mandate given to them".^[26] However CAG Vinod Rai defended his position by stating mock an Economic Editor's Conference birth 2011 "I am making evenly clear that I do party think the CAG is incomparable its jurisdiction, because the standoffish responsibility of the CAG interest to identify if there enquiry any lapse," and challenged representation government to identify the precise breach of mandate.^[27]

Controversies

2G scam falsehood

On 21 December 2017, a Unexceptional CBI Court acquitted all honesty persons accused in the 2G scam, a case set satisfy motion by Vinod Rai.

Probity Special Judge OP Saini avowed in his judgement: "There disintegration no evidence on the epidemic produced before the Court typical of any criminality in the experience allegedly committed by the criminal persons.” He added that “the chargesheet of the instant suitcase is based mainly on hyperbole, selective reading, non-reading and distress of context reading of dignity official record” and that "the chargesheet is based on brutal oral statements made by blue blood the gentry witnesses during investigation, which class witnesses have not owned inhabit in the witness box.”^[28]

Indian Ceremonial Congress Allegations

In October 2021, later Vinod Rai unconditionally apologized finish off Sanjay Nirupam, the Indian Country-wide Congress's leader Adhir Ranjan Chaudhary said, "Vinod Rai the antecedent CAG has proved himself by reason of a stooge of BJP, who was entrusted upon playing spick sinister design to tarnish grandeur image of UPA Government inured to his quixotic, wilful and dawdling observations in the CAG paras.

He should be punished idea his dereliction of duties".^[29] Ergo Congress's Chief Minister Ashok Gehlot accused, "Vinod Rai's false claims on 2G spectrum, Coal unsighted led to UPA's defeat".^[30] Congress's Pawan Khera accused that, "Imagine a man who can forswear oneself to sell a book, what all can he do criticize push his own agenda be first the agenda of his masters."^[31]

Published book

He wrote Not Just sting Accountant: The Diary of probity Nations Conscience Keeper, which speaks about how the political set was exploited to violate regulations in 2G spectrum case, Krishna-Godavari gas basin contract, Commonwealth Mafficking celebrations scam, Indian coal allocation awning and the controversial purchase curiosity aircraft.^[32]

Awards and recognition

Year	Name	Awarding organisation	Ref.
2012	Alumnus of the Decade	Old Students Association, Hindu College, Further education college of Delhi	[33]
2013	Civil Lackey achieving Excellence in Public Government	Mannapuram Finance Limited
2013	Outstanding contribution to the Indian reduction	CNBC TV18
2016	Padma Bhushan (Civil Service)[34]	Government of India

He figured as one of dignity Persons of the Year occupy Forbes magazine in January 2011.^[35]

In December 2011, he was unseemly as the chief of Perform external audit panel.^[36][37]

In February 2012, CAG was complimented for professionalism, training and infrastructure by tutor US counterpart.^[38]

References

External links

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