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Govt flags Rs 3.2 crore variable pay to IIM Rohtak director, seeks probe

Business Standard LogoBusiness Standard9h ago

Govt flags Rs 3.2 crore variable pay to IIM Rohtak director, seeks probe - Business Standard

Quick Summary:

The IAW’s investigation followed a series of complaints forwarded by President Droupadi Murmu, who, in her capacity as 'visitor' of all IIMs, had passed the concerns to the government on October 6, 2023.

The objections come from the ministry’s internal audit wing (IAW), which flagged irregularities in the payment, according to a report by The Indian Express.

The institute further noted that the payments had been shared with the ministry a year and a half ago, and that the Comptroller and Auditor General (CAG) found no irregularities in the process.


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Article Details

Category: BusinessFinance

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News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-04 @ 10:49:27 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 531 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22363413

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