The Institute of Company Secretaries of India (ICSI) is coming up with a “Model Governance Code for Meetings of Gram Panchayats”, which will prescribe a set of principles for convening and conducting meetings.
The ICSI president, Dr CS Shyam Agrawal, said, “The fundamental principles with respect to governance of gram panchayat meetings are laid down in the respective State laws.
This model code seeks to facilitate compliance with the said principles by endeavouring to provide further clarity where there is ambiguity and establishing benchmark standards to harmonise prevalent diverse practices.”
“This model code does not seek to substitute or supplant any existing laws. It only strives to supplement such laws for promoting better governance in the functioning of gram panchayat. Keeping this in mind and working wholeheartedly towards achieving the objective of corporate governance, more so withthe changes in time, ICSI is making efforts to be in line with international standards. Such a transformation calls for a journey that aims at connecting the dots between ‘local to Global (l2G)’ aspects of governance”, Dr Agrawal added.
