The Client, spearheading the Corporate Social Responsibility initiatives of a leading industrial group, was working closely with the towns of Kullu and Dharamshala in the state of Himachal Pradesh, India, in improving the towns’ financial management systems. MaGC™ was engaged to conduct a gap analysis of the financial management and accounting systems in the two towns and give recommendations for improvement.
MaGC™ Approach and Methodology
MaGC™ methodology involved the following:
- Detailed field study in the two towns to understand the current situation and the issues;
- Consultations with key stakeholders;
- Identification of possible reform projects; short-term as well as long-term; municipality level as well as at state level;
- Drawing up an action plan for implementation.
MaGC™ submitted a report outlining the major issues, the reforms required along with an action plan for implementing the reforms. The study provided a beginning for initiating the required reforms.
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