Forest ServicesDaily Current Affairs — 23 March 2026
4 articles • UPSC Prelims & Mains
Corporate Governance in India: From Compliance to Conscience
Context The recent resignation of part-time chairman of HDFC Bank, Atanu Chakraborty citing “ethical incongruence” has reignited debate on personal vs professional ethics, transparency, and corporate governance in India’s financial sector. Ethics in Corporate Governance Corporate Governance refers to the system of rules, practices, and processes by which a company is directed and controlled. Ethics in governance goes beyond legality to include integrity in decision-making, accountability to stak
Aligning India’s Accounting Education with Global Standards
Context India’s increasing integration into the global financial system has created demand for professionals proficient in international accounting frameworks such as IFRS and U.S. Background International Financial Reporting Standards (IFRS) is a globally accepted accounting framework developed by the International Accounting Standards Board (IASB) and is followed by over 140 countries. US Generally Accepted Accounting Principles (US GAAP) is a rules-based framework primarily developed and main
Is Compulsory Voting Feasible in the Indian Context?
Context Recently the Chief Justice of India made the observation that India may need to explore a mechanism for compulsory voting to enhance voter participation and strengthen democratic engagement. Right to Vote in India Article 326 of the Indian Constitution provides that every citizen of India, not less than 18 years of age is entitled to be registered as a voter for Elections to the House of the People and Legislative Assembly of every State on the basis of adult suffrage. However, voting is
Supreme Court Push for Prison Reforms
Context The Supreme Court of India has directed all States and Union Territories to submit updated and comprehensive data on prison conditions, in a suo motu case on inhuman conditions in prisons. Directions Issued by the Supreme Court The Court has directed States to specify both ongoing and proposed measures to address overcrowding. It has also emphasized the need to ensure education, healthcare, and welfare of children living with incarcerated mothers.