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CAG-ICSSR Research Competition for Students with Rs 1.25 Lakh Prize

UPSC / SSC current affairs note · Polity

PolityEconomy

Why in news

The Comptroller and Auditor General of India (CAG) and the Indian Council of Social Science Research (ICSSR) have jointly launched a research article competition for students. The competition offers prizes totaling nearly Rs 1 crore, with individual winners receiving up to Rs 1.25 lakh, aiming to promote research in public finance and governance.

Background

The CAG is a constitutional authority responsible for auditing government accounts. ICSSR is a national body promoting social science research. This competition is part of efforts to engage students in governance and public finance issues.

Key facts

in5points
  1. CAG and ICSSR have launched a research article competition for students.

  2. Total prize money is nearly Rs 1 crore.

  3. Individual winners can receive up to Rs 1.25 lakh.

  4. The competition aims to promote research in public finance and governance.

  5. It is open to students, likely at undergraduate and postgraduate levels.

  6. The initiative seeks to encourage academic interest in auditing and accountability.

Prelims pointers

  • Comptroller and Auditor General of India (CAG) - Constitutional body under Article 148.
  • Indian Council of Social Science Research (ICSSR) - Autonomous body under Ministry of Education.
  • Prize money: Rs 1.25 lakh per winner, total ~Rs 1 crore.

Mains angles

  • Role of CAG in ensuring financial accountability and transparency in governance.
  • Significance of promoting research in public finance for policy formulation.
  • Collaboration between constitutional bodies and research institutions to foster academic engagement.