

To promote good governance, e-commerce should be practised” said R Sri Kumar, IPS, Vigilance Commissioner, in a seminar on ‘Role of e-Commerce in Promoting Good Governance’ organised by MSTC jointly with Vigilance Study Circle, Kolkata on November 5.
He stressed the need for transparency through e-commerce and advocated e-commerce towards good governance. He urged all those present to adopt e-commerce and ensure transparency, and fairness in sale and purchase transactions in PSUs and PSBs.
He also emphasised the need of security features in e-commerce systems and urged all stake holders to follow mandatory guidelines of CVC, IT Act and STQC.
Use of digital signatures and permanent audit trails are important features of a transparent and ethical e-commerce system. MSTC limited is a Mini Ratna Category-I PSU under the administrative control of the Ministry of Steel, Government of India.
The largest stand alone e-commerce service provider in the country provides its e-commerce service to almost all major PSUs, central and state government departments in India. SK Tripathi CMD, MSTC welcomed the gathering and spoke on the benefits of e-commerce services provided by them.
A detailed presentation on e-commerce and a demo of live e-auction and e-reverse auction followed by an inter-active session. The seminar was attended by many Chief Vigilance Officers and Chief Executives of PSUs and PSBs and several other dignitaries from the Eastern Zone and Delhi. Moyukh Bhadhuri CMD of HSCl also addressed the house. Manoj Kumar, IAS, president, Vigilance Study Circle, Kolkata and also CVO, Coal India gave a vote of thanks.