Date | Nov 01, 2016:

The coal sector has improved its system to curb corruption by introducing GPS-fitted trucks to carry coal from mines to destination and geo-fencing their land to counter theft of the valuable natural resource, the Central Vigilance Commissioner said on Monday.

The Central Vigilance Commission (CVC) had taken up preventive vigilance as the theme for Vigilance Awareness week in 2015 to suggest government offices and public sector undertakings to bring in changes in their system to reduce scope of corrupt practices.

Central Vigilance Commissioner KV Chowdary said trucks carrying loads of coal from mines etc. are now being fitted with GPS to track their route, and if they divert from their scheduled path and alter their route, action is taken, making pilferage and resulting corruption difficult.

The Commissioner also said the coal sector companies have introduced geo-fencing of their land to demarcate their boundary clearly thus disallowing any attempts to illegally mine valuable natural resources. Launching the Vigilance Awareness Week in New Delhi for the year 2016, Chowdary said banks too have learnt lessons and introduced changes in their Standard Operating Procedures to report frauds. He also said lot of changes have been observed in the claims and audit section of insurance companies to reduce corruption.

(Source: http://www.businesstoday.in/)