Asserting that good governance should be the unwavering goal, President Pranab Mukherjee on Saturday said lack of good governance is the root cause of many serious deficiencies in society.
Corruption is a threat to the democratic fabric of our country which would frustrate the efforts to bring equity to all its citizens, Mukherjee said while delivering the 14th D P Kohli Memorial lecture here on the occasion of Golden Jubilee Celebrations of the CBI.
"Lack of good governance has been identified as the root cause of many of the serious deficiencies in society. It robs the citizenry of their security, and their social and economic rights," he said.
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He said the country is at the crossroads of transformation and cannot afford to lose the momentum of change.
"There are several challenges we face and we should face them with determination and conviction. And at the root of them is the issue of governance," Mukherjee said.
He said delivery systems need change and only good governance can provide an answer to the problem.
"If what is meant for the poor does not reach them in the proportion it is meant to, then corruption and inefficiency are its two main causes."
Several steps have been taken towards bringing more transparency in governance, which include the ratification of the UN Convention against corruption, membership of the Financial Action Task Force besides legislations to curb bribery in various quarters, Mukherjee said.