CA fraternity can strengthen economy of society, nation: CM

Vadodara, 25 August 2014

Gujarat Chief Minister Smt. Anandiben Patel today ascertained that the Chartered Accountant fraternity is capable to hold the economy of the nation and society.

The Chief Minister was speaking at the convocation function held in the Ahmedabad city by the Institute of Chartered Accountants of India (ICAI) to honour over 700 candidates from all over the country with a degree of the Chartered Accountant.

The Chief Minister said it is a demand of the hour that CA fraternity should use its professional skills to contribute in strengthening the nation’s economy. On the occasion, she had also handed over the degrees and merit certificates to the meritorious students.

The Chief Minister urged the young professionals to use their profession skills to keep an eagle-eyed watch on the fiscal transactions to spot and curb the financial irregularities and scams for strengthening the economy of the nation and society. Just like medicos who look after the physical health of the people, the CAs could also watch the fiscal health of the nation and society.

Smt. Patel appealed to the CAs to use the latest technologies for setting up a powerful, transparent and simple financial system that could provide the rightful rights to the poorest among the poor of the society. It is essential to curb the unaccounted black money as it is weakening the financial health of the society and nation, and onus of this is lying on the CA fraternity, she pointed out.

The Chief Minister also urged them to play active roles in eradicating the social evils like Malnutrition among the children and women of anganwadis and prevailing economical imbalances in the society.

She also appealed them to convince the corporate houses to undertake the social responsibility to join hands with the state government in setting up in-house toilet facilities in every house.

Speaking on the occasion, ICAI, President Mr. K. Raghu urged the fresher CAs to give their contributions in nation building. At present the ICAI has 147 branches and over 850,000 members across the country, but, the demands of Indian Chartered Accounts are on rise in the world, he added.