In a globalised world, the role of government in economic activity is shrinking; more pronounced in so called emerging economies. The development goals of the economy are assigned to the private enterprises. Given the profit fixation of the private sector, corporates alone cannot be relied exclusively for solving the host of problems of countries like India. Be it poverty alleviation, health care provision, micro finance, food security, environmental issues, building infra ,the third sector has carved a niche for itself. The book under review discusses the code of governance for voluntary sector (Code of Governance for NGOs). The Committee on Corporate Governance of the Institute of Chartered Accountants of India needs to be appreciated for bringing out this publication.
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