Tag: CVC

CVC recommends implementation of ‘Integrity Pact’ in all government procurements

NEW DELHI: The Central Vigilance Commission (CVC) has made the recommendation for implementing the Integrity Pact (IP) in all public procurements by the various Ministries and the Departments. IP helps governments and companies to reduce the high costs and maintain quality control. IP adoption creates public confidence and trust in the decision-making process. In its order […]

Extend loan automatically to all eligible borrowers without fear of CBI, CVC and CAG: Nirmala Sitharaman to banks

NEW DELHI: India’s Finance Minister Nirmala Sitharaman on Saturday said banks have been asked to extend loans automatically to eligible borrowers without fear of 3Cs — CBI, CVC and CAG. She said clear instructions have been given in a meeting with CEOs and MDs of public sector banks and financial institutions on Friday that the […]

Decide corruption cases in time involving retiring bank, government officials: CVC

NEW DELHI: Probity watchdog CVC has asked all banks and central government departments to ensure expeditious finalisation of disciplinary proceedings against officials involved in alleged corruption cases who are due to retire shortly. The move comes after it was noticed that some cases of alleged corruption do not get disposed even until the retirement of […]

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