Shillong, August 29: The Meghalaya Institute of Governance (MIG), Government of Meghalaya in collaboration with the Department of Economics, North Eastern Hill University (NEHU) today jointly organised a One Day State Conference on the topic “Strengthening the Finances and Financial Accountability of Autonomous District Councils in Meghalaya” at the State Convention Centre, Shillong.
This is the first of its kind initiative to bring together representatives of Autonomous District Councils and state government along with resource persons to deliberate on the challenges of local government financing.
Shri Lahkmen Rymbui, Minister for District Council Affairs attended the programme as Chief Guest and Shri Titosstarwell Chyne, Chief Executive Member, KHADC as the Guest of Honour.
Speaking on the occasion, Shri Lahkmen Rymbui highlighted on the importance of accounting in this new age and stated that it is vital for all the Autonomous District Council (ADC) in the state to be highly dynamic in accounting without missing the proper mechanism with the changing policy and financial rules of the government.
In this era of technology, new methods of accounting are being streamlined into the system in which the accounting wing of the respective ADC needs to update and upscale themselves to improve the accounting and auditing framework of the Councils, he added.
The objectives of the programme is to orient the representatives of the three ADCs, state government officials and representatives of local bodies of the state on measures undertaken by Rural Bodies in the country to strengthen their finances as well as reforms in the accounting and auditing process and to also discuss the financial health and challenges of the ADCs and measures which are needed to improve the financial transparency and accountability of the Councils.
The resource persons in this conference includes Prof. V. N Alok, IIPA New Delhi, Prof Sumarlin Umdor, Department of Economics, NEHU and Shri Tornado G. Wanniang, Sr. Audit Officer & Core Faculty, Regional Training Institute (IA & AD), Shillong.
