Technology and transparency

Image
Business Standard New Delhi
Last Updated : Mar 10 2015 | 9:43 PM IST
Speaking at an information technology industry event earlier this month, Prime Minister Narendra Modi highlighted how technology could bring transparency in governance. He said that when he was in the Opposition, a Comptroller and Auditor General report on coal block allocation had flagged a loss of Rs 1.86 lakh crore to the exchequer. While he joined the Opposition chorus in criticising the then government, Modi said, there were niggling doubts in his mind whether the figure could actually be that big. Even as Modi spoke at the event, the e-auction of the blocks initiated by his government had already raised Rs 1.10 lakh crore from just 19 blocks (a more recent report put the proceeds from auction at Rs 2 lakh crore from 31 coal blocks), proving that technology leaves little scope for doubt.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 10 2015 | 9:05 PM IST

Next Story