ICoAS Calls for Better Cost Management in Defence Sector

  • August 10, 2026
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The Indian Cost Accounts Service (ICoAS) has reaffirmed its focus on cost optimisation, efficient resource use and stronger financial management as India works towards a self reliant and economically resilient economy. The message was highlighted at the ICoAS Day 2026 celebration organised by the Department of Expenditure under the Ministry of Finance in New Delhi. […]

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Aadhaar-Linked Payments Slash Welfare Leakage by 12.7%, Says Report

  • December 23, 2025
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India’s adoption of Aadhaar-linked digital payments and biometric authentication has resulted in a significant reduction of welfare leakage by approximately 12.7%, according to a report by Boston Consulting Group (BCG). The global distribution of over $21 trillion in public payments annually sees about $3 trillion lost due to fraud, error, or inefficiency. In India, biometric […]