The Model Municipal Finance Code is an unique attempt to provide a set of principles for municipalities in India to manage their finances in a fiscally responsible manner. The Code was an initiative by Janaagraha and was developed by MaGC. Click here to read a blog on the development of the Code by Ashok. Click here to read the complete Success Story.
MaGC organised a week-long exposure visit for a high-level delegation from Sri Lanka. The visit was aimed at exposing the delegation to different institutional mechanisms in India for local level infrastructure development and financing. MaGC’s involvement was part of an ongoing consultancy assignment for The Asia Foundation for ‘Restructuring of the Local Loans Development Fund of Sri Lanka’. The delegation was led by the Secretary-Ministry of Provincial Councils and Local …Read More
MaGC has attained the Trainee Development Platinum approval of ACCA (UK). This enables MaGC to provide the professional and trainee development platform for members as well as students of ACCA. The approval recognises high standards of staff training and development and commitment towards building the right skills, ethics, and competences required for business growth. ANSA India (www.ansaindia.in), an associate of MaGC, is the first and only Platinum Approved Learning Partner …Read More
MaGC is empanelled with the Karnataka Evaluation Authority, Bengaluru (kea.karnataka.gov.in) as an Evaluation Consultant Organization for the years 2017-18 to 2019-20 in the following sectors: Natural Resources Management, Governance, Public Sector Units, and Urban Local Bodies. Karnataka Evaluation Authority undertakes monitoring and evaluation of various government schemes and initiatives. The empanelment was the outcome of a rigorous process of evaluation of MaGC’s credibility and capacity to undertake evaluation work.
The 3PT (Policy-Process-People-Technology) framework, a proprietary tool developed by MaGC, is now a registered trademark. The tool has been registered by the Trademark Registry, Government of India under the Trade Marks Act, 1999 with Trade Mark No. 2597712 in Class 35 with effect from 27th December 2016. Click here to know more about the 3PT® framework.
Effective governance requires effective management of public finances. Proper public financial management has become even more relevant in the post-financial crisis years. This need is opening up several consulting opportunities for finance professionals within India as well as outside. The emerging opportunities in this space formed the subject of an evening study circle meet held recently by the Institute of Chartered Accountants of India at Bangalore. Ashok Rao of MaGC …Read More
ANSA India Private Limited (www.ansaindia.in), a MaGC associate, has been conferred PLATINUM approval, making it the first PLATINUM Approved Learning Partner for ACCA(UK) in India. The PLATINUM approval certificate was handed over by Ms. Lucia Martin, Director-Emerging Markets, ACCA at a ceremony at Chennai on 9th June 2017.
MaGC’s associate ANSA India has clocked yet another year of impressive academic results. The overall pass percentage stood at 66% as against the global pass percentage of 43%. ANSA students have bagged All India 1st Rank in four papers and figure in the top 20 worldwide in three out of the four papers. ANSA India offers ACCA (UK) coaching in Chennai, India. ANSA operates a training academy in a state-of-art …Read More
This article from MaGC, published in the September 16-30 issue of Governance Now magazine, explores the need for India’s proposed smart cities to become financially smart. The article builds a case for undertaking an assessment of the current state of finances of each of the smart cities as a first step. Click here to read the complete article.
MaGC® is now a registered trademark of MaGC. The logo has been registered by the Trademark Registry, Government of India under the Trade Marks Act, 1999 with Trade Mark No. 2650048 in Class 35 with effect from 27th December 2013.