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THE FIRST DETAILED SURVEY EVER IN INDIA

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Suhaib A Ilyasi

WILL MOD1 AS P M PROVE TOUGH FOR US?

T he US, the self-proclaimed messiah of the world, which is often criticized for its interference in the internal affairs of other countries, might find Narendra Modi a tough

leader to deal with in case he becomes the Prime Minister of India after May 16. Though the US is now wooing the "domineering" Gujarat Chief Minister it had once shunned, because of his rising national popularity, it won't be a smooth sail for Washington. Way back in 2006, when Modi was heading the State Government, he made it clear to Uncle Sam that the US has no right to interfere in India's internal matters. Bureaucraw Today brings to its readers an interaction thread between Modi and Michael Owen, the then US Consul General posted in Mumbai, leaked by Wikileaks where the Chief Minis- ter had categorically asked America to mend its own fences before raising fingers on the internal affairs of Gujarat. India is a huge consumer market for the US and it would be interesting to look at the impact a possible Modi Government at the Centre might have on its relations with America.

Chartered Accountants are a vital cog in the Indian economic wheel. They play an important and influential role in the corpe rate sector by being strategists, business advisors and forefront administrators. In recognition of their role as managers of the financial recourse in India, Bureaucracy Today in this Special CA Edition highlights the prominent domestic CA firms. We had initiated the country's first ever survey for the purpose. The response to our survey has been truly overwhelming with CA firms from across the country participating in it. We feel it is important to highlight the prominent and emerging CA firms for the benefit of our corporate readers so that they can have an up- date of the market trend. Hence we are publishing the list of some of the domestic accounting firms which are making their mark in the corporate sector. W

APRIL 2014 BUREAUCRACY TODAY 1

Ediir-in-chief Suhaib A llyasi

Volume 5, Issue 11

Editor-in-Charge I Investigation Ved Park&

Consulting Editor Veeshal Bakshi

Deputy E d i i Soma Chakraborly

Assistant Ediir Shalini Singh

Art Director Shailani Srivastava

Graphic Designers Pankaj Kumar lisha Mallik

Special Correspondents GB Bala Subramanyam lugal Kishwe Chib 'andana Vasudevan

Correspondents Gulshan Kumar Namrata Kath Hazarika Srikant Pandey Anil Jain Parul Goswarni Chakranath Yogi

Contributors Showkat Ahmed RK Misra Sohini Mukerjee BB Nagpal I

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Volume V Issue 11 APRIL 201 4 Prtnted L PuM~hed by SuIIaib Ilyas~ on behalf of Suha~b A 1 llyas~ (owner) and Printed at MP Pnntars, 6-220, Nolda, Phase-ll (UP) and Published at 2, Big City House, Masj~d Kasturba Gandh~ Marg, New Delhi 110001 Editor: Suhaib A llyasi DKEW-

Bureaucracy Today is pmduced by A a l i i Pmductrons Pvt LM. 1 and marketed by Agency18 Markathg Pvt Ltd.

2 APRIL 2014 4 BUREAUCRACY TODAY

- Inside Information

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BT presents prominent and upcoming CA firms in India

08 BUREAUCRACY SCAN

Appointments, exits, reshuffles; here are the major movements that happened in the domain of the bureaucracy through- out March 2014.

&Fp@ 27 COVER STORY

In recognition of the role of CAs as managers of the financial recourse in India, Bureaucracy Today in this Special CA Edition highlights some of the prominent and upcoming domestic chartered accounting firms.

28 MINISTRY WATCH

The unravelling of a number of scams in both the Government and corporate sectors in recent times has created a vi- tiated atmosphere of insecurity in companies. Bureaucracy Today brings to its readers an in-depth report on how the Government is moving ahead to provide a secure environment to the corporate sector.

! i4 BUREAUCRAT OFTHE MONTH

S Tejaswai Naik, an IAS officer o the 2009 batch, is using the innov~ tive mode of paramotoring in Anq pur district of Madhya Pradesh t' galvanize people to exercise thei right to franchise in the upcomin Lok Sabha poll.

58 EXECUTIVE DIGEST

64 ASTROLOGY

4 APRIL 2014 + BUREAUCRACY TODAY www.bureaucracytoday.com

SHRl HARISHANKAR BRAHMA Election Commissioner of India

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gle for a document I lication all the best for its good work. for the first time came across the link Dr Vishal Rao US, BGS Global

day. The articles Hospital & Oncology Institute. Bangalore

Editor and his team who have stood formative. Iamacancersurgeon, and for a cause and struggled along. I had for Years I have been working to- none to support and if I were to fall wards cancer prevention through to- in the fight that is over, maybe even bacco control. I am a member of the my family would have deserted me. State Anti-Tobacco Cell and other Bureaucracy Today was a source of committees set up by the Govern- strength for me and I pray that BT ment of K ~ n a t a k a . Some of the BT may emerge as a frontrunner in lead- articles were very useful to improve ing the renaissance against corrup my perspective and understanding on tion. In this connection it would be the Government's functionality. They relevant to mention here a rumour in the Oil and Natural Gas Corporation which says that former Chairman and Managing Director Sudhir Va- sudeva had rushed to Delhi on Febru- ary 26,2014 by an early morning A1 flight as he came to know that the file

, , of DK Sarraf for promotion as CMD was signed on the evening of Febru-

that Oil Minister Veerappa Moily re- portedly personally pleaded with the Prime Minister for a six-month extension to Vasudeva.

The oil industry still needs the vig- ilant eyes of BT and I will be study- ing its issues as ever. Now we have a new paradigm emerging with the media revolution and Bureaucracy Today wfl be able to play an ever in- al! ,elped me to understand how creasing role in the fight against cor- civil society NGOs could work

closely with the Government to im- Wish you great success. prove the delivery of services. g C Harikumal; Whistleblower Many a time I would wonder about and Chief Geophysicist, ONGC, the importance of GO (Government

Surat Order) in our country. However, in India the GO may not look the same

>> Admirable BTefforts as viewed in the West. While it would be easy for any citizen to remark that

Great edits and investigative reports the system has failed to implement it, make BT an interesting must read for the fact is that the word implement" all stakeholders including policy emerges as a of two in- makers. for your ad- terdependent words -"Duties & Re- mirable efforts and immaculate edi- sponsibilities,,. While we often look at torial acumen to put things in the whether the Government has been right perspective. able to perform its duties, seldom do

Shashidharan we ponder about the responsibilities Director CAG bestowed upon citizens.

Our systems, including the judici- '* BTadicles help improve can- , need to develop effective mecha- cer surgeon's perspective nisms which could create awareness It gives me great pleasure to read ar- about law through the media and at ticles published in your esteemed the same time balance it with effec-

*> The modesty of PM Dr Manmohan Singh will set an example for others by not overstaying at his 7 Race Course Road residence in New Delhi even for a day after the end of his second term as Prime Minister. Dr Singh also set an example of modesty when he specifically directed the Central Public Works Department not to overspend even a single rupee on the renovation/repair/refurnish of his post-retirement bungalow at 3 Motilal Nehru Marg, New Delhi, than the prescribed limit of Rs 20 lakh. He will be comfortable with just two air- conditioners because the prescribed limit of Rs 2.5 lakh for furniture/fur- tures/upholstery will not permit an extra luxury of dozen-plus aircondi- tioners (since removed) eqjoyed by the earlier occupant of the building, namely, the then Delhi Chief Minister, Shiela Dikshit. It is ridiculous that Shiela Dikshit also got costly wooden flooring done (now directed to be r e moved) on the antique mosaic floor which stiU remains the beauty of yes- teryear. A glance at 1 Safdarjung Road, New Delhi, reveals that Mrs Indira Gandhi retained the original mosaic flooring repaired at cracked points when she used the building as her official residence while she was the Prime Minister of India.

Most occupants of Government bungalows get crores of rupees spent on renovation/repair/~furnish/ furniture/ upholstery/fixtures, etc, either by the CPWD or by other authorities. The Union Government should impose a total ban on spend- ing on Government bungalows di- rectly or indirectly in any manner by public authorities other than the CPWD which should be directed to strictly follow the prescribed limit on renovation/repair/refurnish/furniture/upholstery/fixtures, etc.

SCAgrawal, RTIActivist, Delhi

Send your feedback to:

GUEST COLUMN,

The irresistible lure of netaairi

S uch has been Arvind Kejrlwal's me&mk rLse in politics that it is easy to forget that the c i a saaiety ac- tivist-turned-RTI campaigner was until rather

recently an Income Tax offkar - a W u ! Soon after Ama Hazare called off his widely popular agitation for the Lok-

Bill, Kejriwal decided to abandon ckic groWt and jump into the cesspool of politics to clean the ' Swm' . It's now part of mntmporary foWm. Hejriwd, as xw new know, is not like other b a b . He c l

career in exercising power in the w e of theirpolitical masters, politics is that siren song that is equally irresistible m d instinctive. Most see it as a natural progres-

in a caraer devoted to public service! ThBs dwtiqn season has been IM exception. As in the

past, several high-prom retired &bus have revealed their politidambitions. Retired Union Home Secretary R R Singh joined the BJP and, surprising many, immedi-

a Wntal verbal assault on his former boss, Sushi1 Kumar Shinde, He was soon joined former Petroleum Secretary R S Pandey

Such is the hurry among Bnbusto j& politics that Satya- pal Singh resigned as Mumbai J?oUee C o W b w r anU did not even wait to hand over eharge hLs succesw!

While politics is now fairly rlatbd with former IAS and Ilp officers -- Yashwant 8inh3, N.K. Singh, &it JOG, P L Punia (ex-IAS), aad Mani Shankar Aiyw Sha& 'llwnmr, Pawarl Varma, MeiFa Ktunar (=lF5), ete, W m e jutst a

m@xchangedthelrclaakand Formar Research and 4nalysis

iv Trigathi set quite a few bngues dhp he joined the W. ll is not often that those at

t b ~ o f : ~itiYe;lge1~:ie8lilirjtheRA^prrandthe~@in the all-too@bhc W d p o l i b 80 soan a f f e r r @ m t

And though we h m a number of ihstances of retired Army officers johgypolitics, thiS is the first time that a former Chid of St& joined politics - controversial formex Army Chief VK 8- is now fighting a different sort of battle to enter Parliament. When former Afmy Chiefs join politics it is aLwrqts an omlnw8.m fQr any democrats: and more so for a democracy like o m , w%i& prides itself for beby the world's largest.

'Then we have farmer Indian ahlbawador to the UN H a r d i e a s p M j o i n i n ~ t W l o n g q ~ ~ b O ~ hmdingfor

the BJE (Ssnsitive to any change in the weather, it is not surprk%ag *hy the BJP is the favoured party for thew new recruits. The Congress, on the other hand, is not getting many offers from ex-babus to serve the nation. Interc- esth& retired IAS officer Bhagirath Prasad switchedb the WFP after getting the Congress ticket for the poll!)

Natmdlly, there has been some muted and some not-- tnuted crikicism over &d Babu joining politics imme dlately &br retirement. Last November, the Election Cammission had recommended the Government provide a suitable cooling-off period for government afficers mtk@g OT

in fitnctioning while in service. Little has been bed s h sen, though the debate has picked up again, and no doubt will resurface whenever elections come around.

As with moat issues, there are those who favow a cooling off pri@ for habtrs as recommended by the EC and then there are tl&w who W w e that after retirement civil ses- vantsllllreanq~~ci&nhaveweryright to express^ @fitled Views or join a political party, if they so wish. Wit what h a w to "neutrality", suppmdly the chid habnafk d a b u m a m Et geWwsed about a lot in academic tides, 'buN wedo lmowth9tttremed babu-neta nexus cannot th1-3~ in thh Zdr. Increasd pditicization is aRer all one of the moet pernicious aspects of the Indian bureaucracx particularly at t@e regional and Sate levels. And in certain high-pmflle mses recentl3: it is seen even in the higher echelons d baQlb dam at the Centre. Who doesn't know that politicians mu- tinely use babus to hrther their own political agendas? It's just a swift and short step, then, ibr ambitious b u r e a d who have become acmstomed to surrogate power to ahed tfm: fbpde and have a go at the red thing. (Usually it ia and retired or fading Blm stars who seek to hoM glory with a shot at politics, but in terms of sheer numbem, they are wily outnumbered by the tribesmen the8e days.)

Natura& it's a grey area and, therefore, requires nnt- so-eagy soluti~m. The lack of properly framed rules keqm the issue in perpetual limbo. Perhaps the new Gorern- m t that is formed after the 2014 elections will pay tion to this, or maybe not. After all, aeed senior bureaucrats and their e e&e in an increasingly complex gove But nwt+msured, we haven't seen th

@lip Cherian, a f i r w r editor af Business I*Sa and a wit&& qmd@$ed- U S @

seasoned b w e c r m w a W speclslCsf - W p j h d @ ! ~ W ~

Gurdial Singh Sandhu appointed Secy+ Financial Services Deptt G m W Shgh Sandhu, a RaSa&an cadre LAS officer of the 1980 batch, has been a p pointed as new Secretary, Department of Financial Services, Ministry of Finance.

Dinesh Singh Bisht, IPS, appointed Managing Director, NMDFC Dinesh Singh Bisht, IPS @H:87), has been appointed as Managing Director, National Minorities Development and Finance Corporation, for a period of five years.

Ashim I<hurana, IAS, appointed Secretary, UPSC

I &shim Khurana, IAS (GJ: El), has been . appointed as Secretary, Union Public

Service Commission. " I .

1 Rajiv Takru appointed Secretam evenue Deptt

Kajiv Takru, IAS (GJ: 79), gas been appointed as Secretary of the Departqlent of Revenue, Ministry of Finance. 1

HIIUI) K Pujari, r~* ,+ fk! . , . Secretary, Ministry of : ~ n u p K hljari, IAS (KN:80), bas been LZ&

pointed as Secmtaq Minktry of Mineg,

Sujata Chaturvedi, i R b a;- pointed Deputy DG, UID 1 I Sujata Chaturvedi, IAS (BH:89), has been appointed as Deputy Director General, Unique Identification Author- ity of India. - .

SB Agnihotui, IAS, appointed Secretary (Coordination), Cabi- net Secretariat SB Agnihotri LAS (OR:80), has been appointed as Secretary (Coordination),Cab- inet Secretariat. , , I > . .

REQUIRED IAS

Upendra Tripathy, pointed Secretary, istry Upendra Tripathy, IAS (KN:80), ha been appointed as Secretary, Ministry of New and Renewable Energy.

Amitabh Kant, IAS, Secretaw, IPP Dep& Amitabh &t, IAS (I&:#& : Gl %,:: 4 pointed as Secretary of the Department+. , , of Industrial Policy & Promotioqmg), ; ,, under the Ministry of Commerc(p,, . * i

, *;,p:.&::~,;, - PS Rawal, IPS, atkJftima1 charge of Director General, RPP" ;,.' PS Rawal, IPS, presently serving a s -": IG (Crime and Intelligence), ~ a i l w a F G '

Protection Force, has been given adZ*"l'C'J'' 'ditional charge of the post of Dire~L~'?'!~? tor General, RPF. -- "; '.'*'- ( I --! 4

, ,4.

I< Rajendra I<um2Y;", takes ""-

over as Special DGP, J&K K Rajendra Kumar, a 1984 batch IPS af- ficer, has taken the charge of Special Director General of Police (Coordina- I

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YP Singh, IAS (MP: 84), haS'B?h gfwn :: additional charge as Managing Direcb . %.

tor, National Minorities Development- and Finance Corporation (NMDFC) u d e r h J k t b W x o f ~ o ~ ,~:,TL

\ ' ' ~ : x r p : . f i *8,;f,rf,l ~&wj+::p".-, ,, ' ;

Dinesh I<umw,t IAS, gets. tional charge gf Develo Commissioner, Handlooms Dinesh Kurnar, IAS (AP;83), has been given additional charge of Development Commissioner for Handlooms under the --- Ministry of Textiles.

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OFFICERS (RETD) I with gooa networmng, social skas ana ueep association

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Shankar Agarwal, IAS, gets extension as Addl Secy, Defence Min Shankar Agarwal, IAS(UP:80), has been given extension as Additional Secre- tary in the Ministry of Defence for a period of three months.

Rakesh Kumar Gupta, IAS, gets extension as Addl Secy, UPSC Rakesh Kumar Gupta, IAS (X86), has been given extension as Additional Secretary in the Union Public Service Commission

Jhanjha Tripathi, IRAS, appointed JS&FA, Urban Develop- ment Min Jhanjha Tripathi, IRAS (1985), has been appointed as Joint Secretary & Financial Advisor, Ministry of Urban Development.

Ashish Srivastava, IAS, appointed DG(Training), ECI Ashish Srivastava, IAS (MP:92), has been appointed as Director General (paining) in the Election Commission of India for a period of two years.

AB Joshi, IPoS, appointed Addl Secy, WCD Ministry AB Joshi, IPoS (1979), has been appointed as Additional Secretary, Ministry of Women & Child Development

Trivikram Nath Tiwari appointed Whole-time Member (Law), PFRDA Trivikram Nath Tiwari has been appointed as Whole-time Member (Law) in the Pension Fund Regulatory and Devel- opment Authority.

NN Kumar appointed Chairman, JNPT NN Kumar has been appointed as Chair- man of the Jawaharlal Nehru Port Trust.

Navin Kumar Choudhary, IAS, nted Joint Secy, Defence

, 'l,{q~$Navin Kurnar Choudhq IAS (JK:94), has .:,, . ibeen appointed as Joint Secretary, Depart-

ment of Defence, for a period of five years.

SS Gupta, IAS, gets extension as Development Commissioner, Handicrafts SS Gupta, IAS (AM:82), has been given extension as Development Commissioner for Handicrafts under the Ministry of Textiles for a period of one month.

S Suresh I<umar, IAS, gets extension as Joint Secy, MHA S. Suresh Kumar, IAS (WB:88), has been given extension as Joint Secretary in the Ministry of Home Affairs far a period of three months.

Neeraj Mandloi, IAS, appointed Joint Secy, Urban Development Min Neeraj Mandloi, IAS W:93), pointed as Joint Secretary in the Ministry of Urban Development for a period of five years.

Sanjeev Chopra, IAS, gets addi- I tional charge of Director, LB- SNAA Sanjeev Chopra, IAS (OR:90), has been given additional charge of Director, La1 Bahadur Shastri National Academy of Administration (LBSNAA), Mussoorie, for a period of three months.

Nidhi Chhiber, IAS, appointed Joint Secretary, Defence Deptt Nidhi Chhiber, IAS (CG:94), has btam zip 111 ;, pointed as Joint Secretary in the Deptlrt- ment of Defence for a period of five years.

Md Mustafa, IAS, appointed Joint Secy, Financial Services Deptt Mohammad Mustafa, IAS (UP:%), has been appointed as Joint Secretary, De- partment of Financial Services, far a period of five years.

Kiran Puri , CSS, appointed Joint Secy &FA, Social Justice Min Kiran Puri, CSS(SGSL:98), has been appointed as Joint Secretary and Financial Adviser in the Ministry of Social Justice and Empowerment.

10 APRIL 2014 BUREAUCRACY TODAY

Justice BP Ray transferred to d Odisha Hiqh Court

Justice BP Ray of the Kerala High Court has been transferred to the Odisha Hi& -

Court.

Sunil Polwal, IAS, appointed Joint Secy (Finance), Atomic Energy Deptt Sunil Polwal, IAS (MH:83), has been appointed as Joint Secretary(Finance), De- partment of Atomic Energy, for a period of five years.

Archana Varma, IAS, appointed Joint Secretary, DoPT Archana Varma, IAS (AM:95), has been appointed as Joint Secretary in the De- partment of Personnel and Training for a period of five years.

Chakradhari Sharan Singh appointed Additional Judge of Patna High Court Chakradhari Sharan Singh has been appointed as Additional Judge of the Patna High Court for a period of two years with effect from April 5,2014.

:\pTy f. d f i h s a Gill appointed Additional Judge of Punjab and Haryana High Court Lisa Gill has been appointed as Addi- tional Judge of the Punjab & Haryana High Court, for a period of two years.

Alka Jha, IPoS, appointed CVO in EPFO, New Delhi Alka Jha, a 1987 batch IPoS officer, has been appointed as Chief Vigilance Officer in Employees Provident Fund Organisa- tion, New Delhi, under the Ministry of Labour and Employment.

Ajay Mishra, IPS, appointed SSP, Kanpur IPS officer Nay Mishra has been appointed as Senior Superintendent of Po- lice, Kanpur.

Azar AH Khan, IFS, appointed Ambassador to Libya Azar A.H. Khan, IFS, has been appointed

as the next Ambassador of India to the State of Libya.

MI< Lokesh, IFS, appointed Am- bassador to Liechtenstein Mysore Kapanaiah Lokesh, IFS,has been appointed as Ambassador of India to the Principality of Liechtenstein.

Anil Trigunayat, IFS, appointed Ambassador to Jordan Anil Trigunayat, IFS (YOA: 1989), has been appointed as the next Ambassador of India to the Hashemite Kingdom of Jordan.

Dinesh Bhatia, IFS, appointed Ambassador to Cote d Ivoire Dinesh Bhatia (IFS:1992) has been ap. pointed as the next Ambassador of India to Cote dlvoire.

I< Jeeva Sagar, IFS, appointed Ambassador to Burkina Faso K. Jeeva Sagar, IFS, has been appointed as the next Ambassador of India to the Re- public of Burkina Faso.

KV Eapen, IAS, gets extension as Senior Adviser to ED, IMF KV Eapen, U S (AM:84), has been given extension as Senior Adviser to the Execu- tive Director, International Monetary Fund (IMF), for a period of three months.

Sunil I<umar Singh, IRS, appointed Deputy Secy, FPD Deptt Sunil Kumar Singh, IRS (C&GE:!ZOO4), has been appointed as Deputy Secretary in the Department of Food & Public Distri- bution under the Ministry of Consumer Affairs, Food & Public Distribution, far a period of four years.

Shamma Jain, IFS, appointed Am bassador to Panama Shamma Jain (IFS: 83) has been appointed as the next Ambassador of India to Panama.

Satish Chandra, IAS, appointed Joint Secy, Fertilisers Deptt Satish Chandra, U S (AP: 86), has been

r- I 12 APRIL 2014 e BUREAUCRACY TODAY www.bureaumcyt

8ppofnted as Joint Secretary in t ? ~ B- p m t ~ ~ ~ e n t of Eertills~m for a period of three months only.

Dinesh Sharrna, IAS, appointed Addl Secy, Economic Affairs Deptt D h h Sharma, LAS (KL: 83), hag been appointed Additional Serretary in the De- partment of Economic Affairs.

apgdbted as Menabe~ fwectian f2mmhion. New aelbi

Rajesh Kumar, IOFS, appainted Director, Drinking Watw and Sanitation Min Rajesh Kumar, IOFS(BO), has been ap- poirrted as Dire*, Ministry crf Drink- in$ W&t & W&~D for a Qf five years.

M Radha Krishna, IPS, appointed Akhilesh I<urnau Ambasht, IFS, CVO, cwe, a p p o i d m, UNGC

(hblP: 86),'haam

the Central Public Works De (CPWD) under the Ministry af Urbmh- OFls Cmratlm of Wlh LW, Hm velopmt

Satish K Rlambudirimd, ITS, Jagmohan Singh RaJu, IAS, aP- gets extension as PS to MaS for pointed Joint Secy, Higher Edu- Consumer Affairs

Eatish K NmbadWpad, (lIS:91), has has been dven ateglsian m Wvate 8ecm the tar3rtetheMb3liaber&WSe,-ai

rM of on$ yew. bution, M. KY Th e m t month@.

- Arun Kumar, IAS, appointed Sajid Shapoo, IPS, : Joint Secy, Civil Aviation Min

tension A r m Eumar, U S (HY: pointed m Joint of Civil Amtion fay a period uf ffve

Meera Mohanty, IAS, appointed Under Secy, DoPT

rnent d P m n n e l and Training E8r a

Chetan PvaFrash Jain, IRPS, ap- pc&kd Member, SSC Chetan Prdmh Jain, IRPS (95), hm been

Kapil Chaudhary, IRS, ay%psintd Deputy Secy, Health and Family Welfare Deptt

period of tbrse m.

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. I +- HIGH COURTS

I

Fewer HC Judges; many more pending cases Justice delayed is justice denied. According to observers, there is a grain of truth in this oft-quoted adage. With every tick of the clock, the wait for justice is getting longer in India. One of the reasons offered for this is the shortage of Judges in High Courts. As per official data, the High Courts are functioning with much below the sanctioned strength of Judges across the country. Bureaucracy Todayanalyses the situation and brings a brief report to its readers.

Approved strength, working strength and vacancies of High Court Judges as on March 1, 2014 (Source: Law Ministry)

T here is a huge backlog of vacancies of Judges in the High Courts of India. According to

a Law and Justice Ministry document accessed through an RTI appli- cation by Bureaucracy Today, as many as 252 positions of judges were lying vacant in the 24 High Courts as against a sanctioned strength of 906 Judges - 585 permanent and 321 additional - as on March 1,2014.

The Delhi High Court has eight positions of judges vacant as against a sanctioned strength of 48. The ratio apparently seems insignificant, but it is a serious issue in view of the number of cases going up substan- tially every year in the metropolis. On February 7, Law and Justice Min- ister Kapil Sibal in a written reply to the Rajya Sabha had said that in the Delhi High Court, 924 cases related to rape alone were pending till the end of September 2012. The Allahabad High Court, which is the country's largest, has 70 positions vacant as against the official strength of 160.

14 MADHYA PRADESH 43 33 15 MADRAS 60 46

16 NhANIWR 4 2

22 SIKKIM 3 2 1 23 TRIPURA 4 4 0 4

The High Courts of other States like 24 WTARAKHAND 9 T West Bengal, Maharashtra, Madhya

, Pradesh, Rajasthan and Punjab and Haryana have the same story to tell. Only the High Courts of the smaller States like Meghalaya (with a total strength of just three Judges) and Tripura (four) have no vacancies.

"With some High Courts having nearly 40 per cent vacancies, appeals go unheard for years together. The Government's attempt to fill these vacancies of Judges has not borne fruit for a number of years," a practising lawyer in the Gauhati High Court tells Bureaucracy Today. The Gauhati High Court has nine posi-

14 APRIL 2014 BUREAUCRACY TODAY

tions of Judges vacant as against a sanctioned strength of 24.

The shortage of High Court Judges is also reflected in the backlog of pending cases. On December 18,2013, Kapil Sibal told the Lok Sabha that 4,434,191 cases were pending till De- cember 1,2013 in all the High Courts of the country The implications, according to observers, are serious. The delays are making the pursuit of justice, ordinarily a costly endeavour, more expensive in India.

Sibal also admitted in Parliament

that "delays in disposal of cases affect all sections of the society". Arti- cle 39-A of the Constitution also directs the State to secure equal justice and provide free legal aid for its citizens but with the present state of affairs in the legal system can we as- sume that the State has failed to ad- dress the basic issues of quick and inexpensive justice and protecting the rights of the vulnerable?

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INDO-US

The events of 2002 werr and the How USA looked at Modi... way back in 2006.

has no righl

A detailed Wikileaks report

NARENDRA MODI, Chief Minister, Gujarat

BY s?mlW Sineh countries is concerned. The BJP frontrunner for the coveted Prime Ministe-

I n case Gujarat Chief Minister rial post has been relentlessly working Narendra Modi becomes Prime on the 272+ agenda of the NDA to form Minister after May 16, the US, po- the Government after Lok Sabha elec-

litical observers say, will have to deal tions in April and May 2014. Some ob- with a tough leader as far as the for- servers see Modi as a pariah while for eign policy of India and other Asian others he is a dynamic personality and

a rabidly nationalist. For the first t Bureaucracy Today brings to its n ers an insight of a number of obse tions made by a senior official in US Embassy on Modi's leadership N

in a secret cable in 2006. The then US Consul Gent

posted in Mumbai, Michael Oa

- ! 16 APRIL 2014 + BUREAUCRACY TODAY www.bureaucracytoday~

BUREAUCRACY DHlRUBHAl AMBANI UNDERSTOOD THIS LONG TlME AGO, IT'S TIME YOU DO! I THE MOST ESSENTIAL NEWS MAGAZINE FOR THE CORPORATE W O R M , . . . 0' -

' ,J! + * 2 . , ; ::

I internal GuiaC'rat matter met Gujarat Chief Minister Naren- dra Modi at his Gandhinagar office on November 16, 2006. This was the first such meeting since the March 2005 revocation of Modi's US visa because of his alleged role in the 2002 communal riots in Gujarat. The secret cable of Owen says:

"A relaxed Modi began with a glow- ing overview of his Government's achievements in building infrastructure and promoting economic growth in Gujarat. Modi said that the imple- mentation of several canal, dam, and water management projects had made the water shortage 'a thing of the past,' and had greatly boosted agricultural productivity in the State. Similarly, extensive investments in power generation and trans- mission had now brought electricity to every village in Gujarat-an achievement recently highlighted during President Abdul Kalam's visit to Gujarat. The road network was steadily improving, he said, and huge investments were underway in ports and petroleum, including a doubling of the massive Reliance refinery at Jamnagar. Economic growth in the State was well above the national av- erage, he said, and he welcomed US companies to invest in Gujarat."

Owen further expressed his thoughts stating, "Although Gujarat tops all Indian States in terms of investment intentions, actual investment is far less, and certainly less than the neighbouring State of Ma- harashtra. Despite the presence of a few well-known international companies, FDI flows into the state are rel- atively small."

During his meeting with Modi, the former Consul General said that while the US was very pleased with the busi-

MICHAEL OWEN, Ex-US Consul General, Mumbai

''the Indian National Human

Rights Commission was biased and its reports wildly inaccurate. More broadly, the US

relied far too much on 'a few fringe NGOs' that don't

know the real picture and have an axe to grindw Narendra Madr'

ness and people-to-people relations in Gujarat, "we are mainly concerned about communal relations within the State. In particular, we remain concerned that nobody has yet been held accountable for the horrific communal violence of 2002, and are further concerned that an atmosphere of impunity could lead to a further deterio- ration of communal relations." Owen asked, "What is the Government of Gujarat's view on this?"

A visibly annoyed Modi responded at some considerable length, but with three essential points: "(a) the events of 2002 were an internal Gujarati matter and the US has no right to interfere; (b) the US is itself guilty of horrific human rights violations (Modi speci- fied the Abu Ghraib and Guantanamo incidents, and attacks on Sikhs in the US after September 11,2001) and thus has no moral basis to speak on such matters, and (c) Muslims are demon- strably better off in Gujarat than in any other State of India. So what is everybody griping about?".

The Consul General responded that "it is not only the US that is concerned with this issue. The Indian National Human Rights Commission report itself cited "a comprehensive failure on the part of the state Government" to prevent the violence of 2002. We are reflecting a broad cross-section of opinion that no one has been held accountable for the violence and that consequently a climate of impunity is developing. Secondly, Abu Ghraib is precisely the point: Americans can also commit human rights violations but when they do we have a clear pro- cedure to investigate, prosecute, and punish those guilty of wrongdoing. This is what we and others would like to see in Gujarat."

www.bureaucracytoday.com APRIL 2014 * BUREAUCRACY TODAY 17

I I

INDO-US

1 Modi shot back that "the Indian

National Human Rights Commis- sion was biased and its reports wildly inaccurate. More broadly, he claimed, the US relied far too much on 'a few fringe NGOs' that don't know the real picture and have an axe to grind. In any event, if officials are guilty of wrongdoing, then it is up to the courts to prosecute and punish them, and the Chief Minister could not interfere with the judicial process." While the Consul General said that "it had now been well over four years since the violence of early 2002 and nobody has been sanctioned; this gives little confidence that anyone would ultimately be held accountable," Modi noted that "the culprits in the 1993 Mumbai bombings are only now being sentenced, so we should not have 'unrealistic expec- tations'."

The Consul General queried if there was in fact an active investigation of the Gujarat violence still underway. Modi was evasive and backtracked to his claim that the 2002 violence had involved a "few miscreants" and had been blown out of proportion by "fringe elements." "Communal relations in Gujarat are now excellent," he claimed."

---

O ~ C L ~ n o t e ~ uown UI 111s came rnat "Modi has successfully cultivated the image of a no-nonsense, law and order politician among Gujarat voters. This image of Modi as a strong, decisive leader is what his BJP sup- porters hope will help him establish a foothold at the national level. Modi's role in the 2002 bloodshed continues to divide Gujaratis and In- dians in general. While he remains repugnant to large numbers of people, particularly Muslims, human rights activists and educated urban- ites with liberal or Leftist leanings, many in the Hindu majority view his actions in 2002 favorably. Nega- tive attitudes towards Muslims remain firmly anchored among Gujarati Hindus."

" Many feel that they, and not the

Muslim minority, are the true second class citizens of India. Muslims often 'stepped out of line', prior to 2002, we often hear, demanding and receiving exceptional treatment by politicians who felt the need to pla- cate them on the basis of perceived injustices carried out by the Hindu majority. That changed when Modi came into power in 2002, they say. While no one will openly condone the bloodshed of 2002, many Gujarati Hindus feel that Modi 'put Muslims into their place'. The BJP continues to echo these themes in its national political stance, especially over issues such as Hajj subsidies, the Mus- lim civil code, the singing of Vande Mataram, or other such religiously sensitive concerns," reads the cable.

"Modi continues to support a Hin- dutva agenda in the State, with the recent passage of amendments to the State's anti-conversion law being seen as a concession to his support- ers on the Hindu right. Both sup- porters and critics of Modi confirm that the state government continues to use administrative tools to mar- ginalize and ghettoize the Muslim minority. Modi heralds from a so- called Other Backward Caste (OBC), while many of his opponents are from higher castes, and in particular from the Pate1 caste that domi- nates public life in the state."

Owen stated, "Modi is clearly not going to apologize or back down on the violence of 2002, but we think it is vital for him to hear that we are not going to let the passage of time erase the memory of these events."

Owen expressed his thoughts about Modi which read as: "Views remain divided on whether Modi's leadership style will help or harm him if he enters national politics. In public appearances, Modi can be charming and likeable. By all ac- counts, however, he is an insular, dis- trustful person who rules with a small group of advisors. This inner circle acts as a buffer between the Chief Minister and his Cabinet and party. He reigns more by fear and in- timidation than by inclusiveness and consensus, and is rude, condescend-

ing and often derogatory to even high level party officials. He hoards power and often leaves his ministers in the cold when making decisions that affect their portfolios."

Owen further wrote, "His abrasive leadership style alienated much of the State BJP leadership in 2005. He was able to quell their subsequent re- bellion by branding them as corrupt opportunists who were angry because he denied them the tools of political patronage and corruption. Modi i

maintains the support of most MIAs 1 in the State because they understand j his popularity with voters. At the na- i

i tional stage, he will have to depend on 1 opportunists who want to latch onto '

his bandwagon, some believe." 1 The former US Consul General

added, "No one doubts that Modi will be reelected as Chief Minister of Gu- jarat in elections scheduled for late 2007, since he remains immensely popular among Gujarat's largely Hindu voters. Some BJP leaders believe, or hope, that voters will forget or forgive Modi's role in the 2002 bloodshed, once they learn to appre- ciate his other qualities. Views differ in Gujarat on whether Modi can overcome his negative baggage to as- sume a national role. Some think that the memory of 2002 will turn off voters. Others say his arrogant and blunt leadership style will alienate the BJP hierarchy in New Delhi as it has in Ahmedabad, or that Modi's lower caste origins could become an obstacle at the national level."

In a complete U-turn, the US is now trying to play catch-up in reach- ing out to Modi ahead of the general election in India. Considering the popularity of Narendra Modi and clear speculations of the Gujarat CM becoming the next PM of India, the US could no longer continue with its policy of shunning the man who is the centre of attraction globally now. With the new shift in policy by the US, this is indicative of what Wash- ington thinks of Modi's chances in the upcoming Lok Sabha poll. W

send your feedback to:

7- 1 l8 APRIL 2014 * BUREAUCRACY TODAY www.bureaucracytoday.com I

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m = w = u r n m u m u u r m m m ~

ashtviya Chemicals and Fertilizers L understands the true philosophy -

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RCF has been accorded the 'Mini Ratna' status I by the Government of India.

IPasMrliya Cbmkals and Fsrfllizm LEmDtsd

P INDO-US

I

I

I ; Time for Uncle Sar I n an unexpected development, the

US Ambassador to India, Nancy Powell, resigned on March 31, few

days after her meeting with Gyjarat Chief Minister Narendra Modi. Amer- ica has not given any concrete reason for her move and downplayed the issue . saying that it "was planned for some- time". Unconfirmed reports, however, suggest that Powell was forced to quit for "mishandling" the Devyani Kho- bragade issue and her "failure to be more pro-active" on lifting the visa ban against Modi, who is perceived to be a frontrunner for the post of Prime Min- ister. Though only time will tell what prompted Powell to take the step, the development indicates that Washing- ton is seriously contemplating a signif- icant change in its approach towards India policy.

~ e d i a reports of Rajiv Shah, a US citizen of Gyjarat origin, being consid- ered for Powell's replacement can be seen as America readying itself for a possible new Indian Government led by the NDA and softening its stand to handle a supposedly tough leader like Modi. The Powell-Modi meeting on February 13, sources said, was delayed by two months due to the ongoing riff between the two nations over the Kho- bragade issue. Shah, a blue-eyed boy of US President Barack Obama and the highest ranking Indian-American in his Cabinet, is currently heading the United States Agency for International Development (USAID).

With Narendra Modi emerging as the possible prospective Prime Minis- ter of the world's largest democracy, the US, according to political observers, is trying to woo and cosy up with the BJP leader whom it had called an "abuser of human rights". Though some sections of both the In- dian and international media were going gaga over the recent meeting between Modi and Powell, interpret-

US ~ ~ ~ l u a s m u u r w rlium, ~ u n ~ v b i ruvr ru , r r w u nnncnwRA MODI, the M SU& visa in 2005.

ing it as the US acceptance of the right-wing leader, the real question is to what extent Uncle Sam would mod- ify his India policy to work with a tough leader like Modi who, according to his close confidants, always likes to work on his own terms and conditions. Thbugh it is a bit prema- ture to come to any conclusion before Indians give their verdict at the hus- tings, it would be interesting to look on the impact a possible Modi Gov- ernment might have on its relations with the United States.

After the late Prime Minister Indira Gandhi, whose "bonhomie" with for-

mer US President Richard quite well known, the US Modi "a leader of will and ics say the US, "the se messiah of the world", criticized for its alleged

only the Chief Minister of a

to a US diplomatic cable ma

1 20 APRIL 2014 * BUREAUCRACY TODAY

- BUREAUCRACY DHlRUBHAl AMBANI UNDERSTOOD THIS LONG TIME AGO, IT'S TIME YOU DO! I THE MOST ESSENTIAL NEWS MAGMINE FOR THE (ORPORATE WORLD

I I 'Modi- fication ' 1 .

enied the Gujarat Chief Minister a diplomatic

by Wikileaks, wlenmcfiael Owen, the then US Consul General posted in Mumbai, asked Modi in a meeting to comment on the 2002 Gujarat riots, the Chief Minister without mincing words told the American official that "the events of 2002 were an internal Gu- jarati matter and the US has no right to interfere". Modi, in fact, categorically mentioned the Abu Ghraib and Guan- tanamo incidents and the attacks on Sikhs in the US after September 11, 2001 and pointed out to Owen that when "the US itself is guilty of horrific human rights violations it has no moral basis to speak on such matters".

Strangely enough, when Modi is now likely to head a new Indian Govern- ment, the US is looking at modifying its India policy because observers say that its "domineering foreign policy" is not going to cut ice with Modi.

HYPOCRITICAL FOREIGN POLICY OFUS - Uncle Sam has often come under in- tense criticism for what critics call his

is seen as a leader who can bring more economic reforms in the country. He knows that India's economic growth does not depend on the US. During NDA rule, the GDP kept growing despite the US sanctions imposed in the aftermath of the Pokhran nuclear tests. America cannot have much of its influence on India which has not an export-oriented economy

Reiterating his credentials as a hypocritical foreign policy and blatant interference in the internal affairs of other independent nations. The US has always adopted the policy of hounding those who deviate from its line. Afghanistan, Iraq and Libya are some of the "glaring examples of the US hypocrisy and its gross violation of human rights". The hypocritical and arrogant attitude of the "superpower" that it does not have to meet the international treaty obligations on human rights was once again exposed at a meeting of the UN Human Rights Committee in Geneva on March 13. The UN Committee rapped the US, the "self-appointed custodian" of the international human rights, for a series of "human rights abuses", including detention without charge at Guanta- namo, drone strikes, NSA surveil- lance, "rampant gun violence and endemic racial inequality".

The US policy of "either you are with us or against us" and putting economic sanctions on those who don't toe its line is not likely to work in the case of a strong personality like Modi who cares two hoots for the US for its denial of visa to him. In a recent inter- view to a Television channe1,Modi expressed surprise over the brouhaha over his US visa denial, saying that "it is beyond comprehension why Amer- ica is bringing up the issue when he has not applied for any US visa of late". Modi further says if he comes to power at the Centre he will make India such a country that Americans will queue up for getting Indian visa. Modi

tough leader, Modi in a speech made at a recent election rally in Arunachal Pradesh had said, "I swear by this land that I will not let this nation be destroyed, I will not let this nation be divided, I will not let this nation bow down." Though the remarks were made in the context of India's ongoing territorial disputes with China in Arunachal Pradesh and Kashmir, it clearly throws light on the persona of Modi and indicates that if voted to power he would adopt a zero-tolerance policy towards those who would try to interfere in India's domestic affairs. The statement as- sumes significance in the Indo-US context also as the 'Big Brother' has always been meddling with the Indo- Pak and Sino-India issues.

Against this backdrop, Uncle Sam, observers opine, needs to get over his smug sense of superiority There is every possibility that the US might have to change its stance towards India if Modi becomes Prime Minister after May 16. The snippy attitude of the US has often landed Washington into con- tradictions from which opportunism is the only way out now. India is the biggest consumer goods market for America which is foremost a mercan- tile State, and it would be no surprise if Uncle Sam swallows his idated ego and does some fencemending with the tough-talking Modi.

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APRIL 2014 BUREAUCRACY TODAY 21

mi BT PROMINENT CA FIRMS Q$3Vf!1JGKU NAdkb? 11\,.t!-'S:iGi:!i; ' Y

nts 50 ~rominenr Finance and accounting are the backbone of business . organizations. Chartered ; Accountants, therefore, play; a vital and influential role in f l

the smooth running of the - corporate sector. They are in fact strategists, business

'

advisors and forefront administrators. Other than the four top international accounting firms - Pricewa- terhouse-Coopers (PwC), Ernst & Young (E&Y), KPMG and Deloitte - there are several Indian CA firms which are doing commendable work and acting as vital cogs in the national economic wheel. I n recognition of the role of Chartered Ac- countants as managers of the financial recourse in India, Bureaucvacy Today in this Special CA Edition highlights some prominent and upcoming CA firms. The listing is not an advertisement of any form for any CA firm*., and firms listed are not su- perior to one another. The,:: , . order is also random and,, ,., does not suggest the supe- I .

riority of one over others. The purpose of the survey * . '

/* is to make Bureaucracy Today readers aware of the tr prominent and upcoming CA firms in India. We have " taken prior consent of the

1 L

firms before publishing 1 their clients' names. I

;, Year of cad: l l 4 L a d ollce: c: Chennal

f Branches: ; (-, 11 P NO. el partnen: h r, 15

Quallfled CAs: 20 TOMI employee strengtn: Pal Total number el cllents handle& 2la [Drlng FV EOlS-141

Manoharan

Subodh Kaura - - - .- - .

Total em~~loyw slrongw: Total number el ellent$ Landl-' ~~- FV ~ a - 1 4 ) \L - , . , ,-

/ 22 APRIL 2014, BUREAUCRACY TODAY www.bureaucracytoc

BUREAUCRACY DHlRUBHAl AMBANI UNDERSTOOD THIS LONG TIME AGO, IT5 TIME YOU DO! I THE MOST ESSENT111 NEWS MAGAZINE FOR THE CORPORATE WORLD

, upcoming CA firms in India

Year of estd: 1961 Head off ice: Hyderabad

- Branches: 4 I No. of partners: I, .I2 , -

B Qualified CAs: Total em~lovee strength: - - -

I ' Total number of clients handled: 255 (During FY 2013-14)

Year of cad: Head oflke: Branches:

Quallfled C k

10 prominent clients: Bank of Baroda, Orient Bank of Commerce, Bank of India, Punjab Na- tional Bank, Bank of India, Housina & Urban De-

Year of estd: 1 W Head off ice: Mumbal Branches: 4 No. of partners: 15 Qualified CAs: 19 Total employee strength: 134 Total number of clients handled: 168 (During FY 201 3-14]

- velopment- Deptt (~disha), ~ i j a r a t Crafts

State Bank of Bikaner and Jaipur. UYi Industries Ltd, Dena Bank, Zenith Exports Ltd, Naman Rashmi Rungta

ain Ricl

W ith India introducing major economic reforms in the early 1990s, the

country cast off the elements of its closed economy and State-driven policy and opened itself to international markets. Today, India is one of the fastest growing economies in the world and is all poised to play an influential role in the international forum. There is a palpable sense of confidence among Indian business leaders.

The highly competitive and dynamic private sector in India has long been the backbone of the country's economic activity and offers huge scope for foreign direct investment, joint ventures and col- laborations. And this is where the Chartered Accountants play their Part.

To highlight the vital role the Chartered Accountants play in business in India, Bureaucracy Today initiated the country's first

APRIL 2014 + BUREAUCRACY TODAY 23

" BT PROMINENT CA FIRMS I

BT survey 2014- Prominen1 'The multi-faceted a m arowth of the Indian ~ ~ a r 01 es~d: -

economv has created Head ollce: M~mba l / - huge demand for

accounting professionals for large, Pradip Kumw Lath

Total employee stream: small and medium Tstal number ol cllmts handled: 240

enterprisesk m0 ~1m3-14)

ever detailed survey of prominent and upcoming CA firms. The response has been truly overwhelm- --__ - -_

Sunil Kumar jalan Narendra Khandal

ing with over 1,000 CA firms from , , across the country participating in the survey In this special CA edi- Y O U Ol em la00 I - tion, we are listing the names of 50 prominent and upcoming CA c firms in India. The parameters for c the selection were the number of team members; employees' C

strength, including that of quali- C fied CAs, the number of employees other than professionals; the total number of clients handled by the c firm; the number of branches in India and abroad; the yearly turnover of the firm; revenue gen-

%% Rama

&,J No.. p m m 11 I B Mohan 1

~ u a l m d ~k It Total e~nployw m: 185 Totalwmborof~hWW 1,188 IDuhno FI an-141

c Year of estd:

( Head off ice: New Delhl Branches:

,- 1

c NO. of partners: Qualified CAs:

( Total employee strength: 1 07 ( Total number of clients handled: 515

Head otllcc lhlmmmthmnm Branchu: 8

c I c Year of e m .

. 7 4 '1.7

( Head office: - ' & ' Bhubanahwar Branches:

r 3

No. of partners: r

15

,- Qualified CAs;: 3 - Total employw stronglh: 08 c Total number oi cII(bmM handlad: 201

(During FY 2013-14) '7,

BUREAUCRACY DHlRUBHAl AMBANI UNDERSTOOD THIS LONG TIM I THE MOST ESSENTIAL NEWS MAGAZINE FOR THE CORPORATE WORLD

MEHRA GOEL & CO.

rupcoming a , is i . - t i , . L CA firms in India - erated in various seetops of" spe-

I cialization like auditing (both statutory and internal audit), tax (direct and indirect), corporate law consultancy and other miscel- laneous areas and the experience of the core members of the firm

Year of e m Head office: Branches: NO. of partners:

1883 New Delhi

1 5

Q~alifled C k and the number of cases han7.d "# *

Total employee strennth: by them. :, j .A .':

Total nulnhor el cllonts bmdlsd: 171 The data of three consecutive fi- (DIWIW FY m3-14) nancial years from FY 2011-12 to ,

FY 2013-14 (till December 31,2013) was submitted by the firms. The fimres were then analvsed in 1

Ni" ' ^' tieetika Mehra

1 Year of e*d: I Head office: New Delhl

Branches: 5 No. of parlners: 8

d Goyal . Ram Avtar Sharma ~ ~ ~ l l f l ~ d GAS: 16 Total employee drengtn: 88 Total number of cllento handled: 240 (DUflM FY 113-14)

Seema Sandeep Sunita Umesh - I

Year of estd: 1995

Head off ice: New Delhi

Branches: 2

No. of partners: 7

Qualified CAs: 13

Total employee strength: 88

Total number of cllents handled: 130 (During FY 2013-141

- depth to prepare an inclusive list of prominent and upcoming accounting firms in India.

The list would not only make Bureaucracy Today readers aware of the importance of CAs in boosting the Indian economy but will also help corporate leaders in understanding the market trend.

CAS INDISPENSABLE PART OF I BllSINESSWSES Chartered Accountants not only do a technical job, but also help . identify and solve the problems of "- 3ir clients. The Chartered)

I

- Year of estd:

- Head office: Ralpur

Branches:

NO. of partners:

_ Quallfled CAs: 9 Total employee strength: 94

Total number of clients handled: (Durlng FY 201 3-1 4)

I APRIL MlI+'BUREAUCRACY TODAY 25 i

Year of estd: Head off Ice: Branches: No. of partners: Quallfled C b . Total employee strength: 78 "k Total number of clients handled: 75 Mukesh Goyal

@I - - - .$' x' . P I .. .... .&.. .... d i i R h . . .....

rear of estd: 1874 Head office: Mumbai Branches: 6 No. of parlners: 12 Quallfled C b . 4

PreraK Agarwal Dileep Goyal Total employee strenglh: 78 Total number oi clients handled: 1000 IOudng R 2Ol3-14)

10 prominent clients: Reliance General Insurance, IOCL, L&T, HPCL, National Commodities and Derivatives Exchange Ltd, Welspun Retail Limited, BPCL,The National Sports Club of Indh Mumbai Branch), Pantaloon Retail Limited, Dewan Housing Finance Corporation.

transparency and trust in thc profession, the Institute of C

1997 tered Accountants in II

pune (ICAI), the apex body of audi in the country, has preparec * action plan. "The ICAI has

16 pared an Action Plan which r 18 at bringing more transpan

Total employee strenglh: and trust in the CA profeq 75 We will focus on 12 agendas Total number of Clients handled: 375 year. The ICAI should be an 1 (Durin~ r..

tute which is dynamic sponsive to changes

will be focusing on leadership, global

tives, infrastructure ment, governance, bran capacity building and

I activity," ICAI Presi m Maleesham Karunasree

r n d

Year of esM: I moll

- Head office: Hyderabad . Branches: 11

No. of partners: Qualitled CAs:

l5 , 34 , -

Total employee strengtk - Total number of cllents handled: 225

(During FY 2013-14)

10 prominent clients: BSNL, IRCON Interna- - tional Ltd., AP.Tourism Corporation Ltd., Mysore

Minerals Limited, NTPC Limited, HPCL AP region, - Indian Oil Corporation Limited, GAIL, SAARC II - (Bhutan), Central Cottage Industries Limited. p. Stayanarayana K. Ram1

Accountants are entrusted I

substantial responsibility E

as that of compulsory audj all compani~s, banks, stock kers, big income-tax asses and large bank borrowers. ' shows the confidence and t reposed by the Government,

~rporate sector and societ tneir profession. Industry increasingly recognized the s ices of CAs in the entire ga of management consult2 services. The multi-fac growth of the Indian econi has created huge demand fo: counting professionals for la small and medium enterpris

Trust and integrity are the main components of a CA f Clients look and value those who can be trusted as advi and who understand the t ness dynamics. To bring n

6 APRIL 2014 * BUR€AUCRA(

SALUTING THE V ~ I A NATIONAL ECONOMIC With their financial e

. . . 1 I.:,...

BUREAUCRACY DHlRUBHAl AMBANI UNDERSTOOD THIS LONG TIME AGO, IT'S TIME YOU DO! I THE MOST ESSENTIAL NEWS MAGAZINE FOR THE (ORPORATE WORLD

SOME MORE PROMINENT & UPCOMING CA FIRMS ,,,,, , , ,, M a n & Venkatra~ Coimbator~

Raju & Prasad 1979 Hyderabad

23 ARORA&BANSAL 1982 New Delhi

24 4. JOHN MORIS & CO. 1996 Chennai

25 R.M. Lall& Co 1950 Lucknow

Elias George & Co 1970 Kochi I E AHKandCo. 2010 Kolkata

B.R. Maheshwari & Co. 1964 New Delhi

29 G.K, I<UIIA & CO, 1994 , New Delhi

30 Baweja & Kaui 1985 New Delhi

31 Ranjit Karthikeyan Associates 1994 Triva&um

32 B. THIGARAJAN & Co. 1975 Chennai 1 33 Bansat & Co 1973 New Delhi

34 M.KGABHAWALA & CO 1975 Vatanasi

35 GUPTA VIGG & GO. 1970 New Delhi

36 Rajvansi & Associates 1990 hipur 37 B.D B a d & Co 1956 Amviisar 38 KAKARIA & ASSOCIATES 1983 Vapi, Gujarat

39 Ashwani & Associates 1949 New Delhi

40 H S RUSTAGI & CO 1976 New Delhi

41 Sorab S Engineer & Co. 1914 Mumbai

42 Thajudeen & Associates 1989 Trivandarum

43 P.K. SAHA &ASSOCIATE 1993 W t a MARS & ASSOCIATES 1990 New Delhi

I SBhargava Associates 1953 Jaipur

46 M L PURI & CO 1968 New Delhi 1 e GP GHOSE & ASSOCIATES Kotkata

. . . .- . -.

50 23

Head U~ICI: Mul@al

Total number al cllants bmllrl: 1M (Ourlllg FI 2013-141

10 prominent clients: Cva~ IIIUI~ ~~u,Allahabad Banl Bank of Baroda, lClCl Bank,Black Pepper Entertainmer Pvt Ltd, Benq India Pvt Ltd, Jindal Steel and Power Ltd, Hindustan Coca Cola Beverages Pvt Ltd, Pentaloon India (Retail), Reliance Communication & Infrastructure Ltd.

Chartered Accountants can guide the nation by suggest- ing various economic and financial measures to uplift the economy. Bureaucracy Today salutes the accounting professionals for assuring the corporate leaders that they can do business with confidence.

**We had initially thought of doing a ranking of 'Top 100 CA Firms tn India'. However; we dropped the idea fol- lowing the ICAI issuing a notvication against any ranking of CA firms citing Advertisement Guidelines of the ICAI under Item 7 of Part-I of First Schedule to the Chartered Accountants Act, 1949.

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