The Institute of Chartered Accountants of India, enacted by an Act of Parliament in 1949, is a premier accounting body of the country. In its 60 years of existence, the Institute has come to occupy a pivotal position in the national economy as a trustee of good governance practices by prescribing standards of financial reporting and creating a sustainable institutional framework. It has more than 150,000 members who are in public practice of accountancy / employment and promote the virtues of excellence, independence and integrity across their professional sphere of work.
Apart from accomplishing its core objectives, the Institute is concerned about the social and general improvement of life in the country. As Mahatma Gandhi once said “The best way to find yourself is to loose yourself in the service of others”. India as a developing economy faces numerous social and environmental challenges. There is a need to address issues concerning health & hygiene, education, awareness of women & child welfare, community development, environment protection etc. “Besides lending our support in the core area of our competence, there is a need for CA fraternity to get closely associated with the society and contribute actively at the grassroot levels in the social welfare”, CA.Ved Jain, President, ICAI remarked.
The CA fraternity, realizing the need of the hour is determined to get associated with these issues and play a vital role in contributing towards them along with the Government. ICAI along with MCD is working on various projects.
1. Out of the chain of libraries being run by MCD all over the city, there is a proposal to initially undertake the maintenance and upkeep of 6 libraries. These libraries would be equipped with computers etc. to provide better facility to the students. In turn, MCD would help ICAI establish computer labs for the CA students.
2. Few parks in Delhi would be allotted by MCD to ICAI which would be maintained by ICAI on regular basis. There is a proposal to plant more than 60,000 saplings in and around Delhi itself as part of the Diamond Jubilee celebrations of the Institute.
3. ICAI has been associated with MCD on an Accounting project for last 6 years. Proper accounting ensures greater accountability and such associations ensure that various schemes run by MCD yield optimum benefit to the society.
As a part of this intitaive, MCD had entrusted ICAI with the upkeep and maintenance of the road stretch from Rajghat to Delhi Gate. The same has been constructed and maintained by ICAI. The same has been formalized by Hon’ble Mayor of Delhi, Ms. Aarti Mehra today on January 27, 2009.
Besides the above, ICAI looks forward to a closer association with MCD to make a difference in the lives of the present and future generations. As Mahatma Gandhi had once said that one should always keep social responsibility above all and not treat the periods of study as an opportunity for indulgence in intellectual luxury. There is a need to be aware and live up to the dreams of the father of our nation. There is a need to undertake such activities in an organized manner and therefore ICAI decided to launch a structured programme for the same.
The ICAI has today launched the ICAI National Service Scheme on the lines of National Service Scheme (NSS) programme of Ministry of Youth Affairs and Sports. Hon’ble Mayor of Delhi, Ms. Aarti Mehra today launched this project which will include organizing special camps for various developmental tasks of national importance such as mass literacy, environmental enrichment, health, family welfare, child welfare, slum development, welfare of the physically challenged, senior citizens welfare, disaster management, helping NGOs etc. ICAI- NSS will involve participation by members and students in various activities. President, ICAI, CA. Ved Jain added “Initially, it is recommended that each member and each student spends at least 20 hours every year for the ICAI National Service Scheme.” The message needs to get across that Chartered Accountants, as a professional class, are also contributing their mite to socially relevant areas and that areas of social concerns are their concerns too. This will help bring the profession much closer to the society.
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