Latest CG Watch
CG Watch 2023: Sustainability is key (India Chapter)

On 2 October 2024, ACGA released the India chapter of the CG Watch 2023 report titled "Sustainability is key : Decoding ambiguity and non-transparency." The report is written by former ACGA Specialist Advisor, Sharmila Gopinath and main editor, Amar Gill, ACGA Secretary General. This is the final edition of the CG Watch 2023 series of country reports. 

India moves up one place to rank equal sixth on a score of 59.4%, a 1.2 ppt gain on its 2020 rating by ACGA. Among the findings in the report:
 
  •  Green ambitions and pledges are high on the policy agenda with recent market consultations by the central bank (RBI) as well as the securities regulator (SEBI)  
  •  Regulators upgrade rules on corporate disclosure, related party transactions and ESG disclosures
  •  Corruption remains an issue: the Comptroller and Auditor General audit report highlights graft and mismanagement in government projects
  •  A shortage of judges leads to delays and backlogs of legal cases
  •  India’s independent audit body, the National Financial Reporting Authority (NFRA), has gained credibility: significant upgrade in our score on Audit and Audit Regulators.

 

 
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