GOVERNANCE, CULTURE AND CIRCUS!

So a new Rs.25,000 crore Realty Fund is being set up. The participants are SBI, LIC , Sovereign and Pension Funds. This is when we know that both SBI & LIC are tottering on borderline survival. Then we have the Maharashtra stalemate over government formation. The public has expressed their intent which is now being bartered (or battered?). We also have a battle within Infosys, fortunately ‘THE’ promoter has not spoken. Lastly, the Stat Auditor in DHFCL had already lodged a complaint regarding ‘suspected fraud’ with MCA. This was not shared by the Board with other stakeholders. My concern is just this. Why are we creating governance checks only for corporates? Isn’t the government equally responsible for Governance? Or is just a culture resistance matter (like in Infosys). #corporategovernance #compliance