Integrity Index: CVC
The CVC is going to develop an Integrity Index. It will be based on bench-marking of internal processes and controls within an organisation as well as management of relationships and expectations of outside stakeholders. The Central Vigilance Commission (CVC) is of the view that the next level of systemic change can be through the tool of Integrity Index. The move is in line with the broader strategy and emphasis on preventive vigilance.
The Integrity Index will bring out annual scores/rankings of Public Sector Undertakings/Public Sector Banks and Financial Institutions/Departments/Ministries of Government of India by linking the essential drivers of vigilance with long term efficiency, profitability and sustainability of public organizations and create an internal and external ecosystem that promotes working with Integrity in public organizations.
In the index, CVC has adopted a research-based approach for creating an integrity index that various organizations can use to measure themselves and which will evolve with changing needs. IIM-Ahmedabad has been engaged to develop the Integrity Index.
Initially 25 organizations have been selected for development of the Integrity Index. Subsequently, it is proposed to extend the Integrity Index concept to all other CPSUs and organizations of Government of India.
The main objectives for which the Integrity Index is to be established are:
- Defining what constitutes Integrity of Public Organizations
- Identifying the different factors of Integrity and their inter-linkages
- Creating an objective and reliable tool that can measure the performance of organizations along these above factors
- Validating the findings over a period of time to improve upon the robustness of the tool that measures Integrity
- Creating an internal and external ecosystem that promotes working with Integrity where public organizations lead the way
