Special Correspondent

"ICAI Bhawan" opened in Puducherry

  • "Students should be exposed to Commerce and Economics early"
  • Rs.10 lakh special grant to Puducherry branch of ICAI

    Puducherry: President of the Institute of Chartered Accountants of India (ICAI) T.N. Manoharan stressed the need for promoting adequate infrastructure such as roads, airports, ports, network connectivity and other amenities in the country.

    Declaring open the premises of the Southern India Regional Council of ICAI here at Elango Nagar on Thursday, Mr. Manoharan said that the country was having good record of persons with professional, managerial and information-related skills. They could be nurtured fully well. But what had been lacking was adequate infrastructure.

    He said that among other things, the cardinal principles governing the corporate sectors were image building, human resource development, promotion of goodwill and ensuring customer satisfaction.

    The youth had amazing talents and hence the knowledge process outsourcing (KPO) aspect of the youth was the highlight of their capability.

    They should be exposed to subjects like Commerce and Economics right from Standard VIII. Until they joined the higher secondary courses they were not aware of these subjects.

    Amazing progress

    Mr Manoharan said that the ICAI, started through an Act of Parliament in 1949, had made amazing progress and against 1,600 members it had in the initial stage, the institute now had 1.35 lakh members and student strength was 3.5 lakh now.

    The Mission 2006 document brought out by the ICAI at the national-level in February last year highlighted among other things the features such as anchoring of economic development, social development and information-related development.

    The institute was being consulted by the Union Ministries including the Finance and HRD before any schemes were finalised or amendments were mulled to any legislation.

    He said that ICAI would contribute Rs.10 lakh special grant to the Puducherry branch for installing 20 computers to train the students in Information Technology.

    Chairman of Southern India Regional Centre of ICAI M. Kandasamy, chairman of Puducherry branch of the ICAI D. Brem Nathan and its secretary P. Prabakaran were among those who spoke.

    The premises has been named as "ICAI Bhawan" and it will be the venue to coach students, hold seminars or conferences, conduct special programmes for the Chartered Accountants.