CAG and ICSSR launch a nationwide research competition for students to study public finance using real audit reports, with cash prizes at state and national levels.

Effective governance involves a framework of rules, practices, and processes to manage societal resources and ensure broad consensus in decision-making. Key challenges include corruption, bureaucratic inefficiencies, and political interference, which undermine trust, efficiency, and accountability. Understanding and addressing these issues is crucial for UPSC aspirants to contribute to a transparent and efficient governance system.