PANEL DISCUSSION: IFS AND BUTS WITH GOVERNANCE AND RELATED PROFESSIONALS

Laws are just a set of rules to ensure the safe and harmonious interaction of the society. Governance on the other hand is alignment of personal sense of moral values with social and economic goals.

Todays global economy suffers from a sinister set of problems which originate from a lack of fundamental values. The Constitution of India is the Code of all good governance. The question is whether we have been successfully infusing elements of good governance in we the people”?

As professionals, we are bounded by a social contract to provide a service over and above normal duties, and good governance in turn relies on ethos of governance professional. Emerging opportunities cast increased responsibilities on professionals, which further demands better regulation of service delivery and conduct. What measure can a regulatory body initiate to instill fundamental values in professionals? Is code of conduct sufficient enough to ensure accountability?

The panelists at the session drawn from various professions would provide their perspectives and discuss on: Can Governance be legislated?; Can Governance Professionals be manufactured?; Balancing Independence and Accountability of a Governance Professional; Identifying and Resolving Conflicts of Interests of a Governance Professional; Risks and Liabilities of a Professional; Protection available to Professionals.