CAs can be catalysts of economic reforms : Minister

Speed Post News Network

New Delhi : The Union Minister of State (Independent Charge) for Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances & Pensions, Atomic Energy and Space, Jitendra Singh, on March 5, 2018, said that in the making of Prime Minister Narendra Modi’s “New India”, Chartered Accountants (CAs) can be the catalysts of economic reforms.

Addressing the inaugural session of the Orientation Programme for newly qualified Chartered Accountants here,the Minister said the fraternity of Chartered Accountants, though very small in number, enjoys the privilege of being the ‘agents of change’ in an evolving world as well as India. They also hold the key to decide the determinants of the nation’s economy dynamics, he said, according to a PIB release.

Referring to a number of revolutionary decisions taken by the Central Government including the implementation of GST and demonetization, Singh said these are some of the reforms which are meant to clean the economy of India, to eradicate parallel economy and to enrich the State exchequer to supplement the funding for a host of pro-poor schemes announced by PM Narendra Modi. In order to ensure a successful outcome of these reforms, the Chartered Accountant community can play a crucial role with professional uprightness, integrity and honesty, he said.

Singh said that the young Chartered Accountants are not mere Chartered Accountants, but are also an important component of the 70% youth population of this country. To that extent, therefore, he said, they also have an opportunity to play a vital role in the rise of India as a frontline nation of the world.

Chairman, Committee for Professional Accountants in Business & Industry (CPABI) CA Dhiraj Kumar Khandelwal, Chief Coordinator CA Rajesh Sharma and Secretary CA Atul Gupta also addressed the inaugural session.