Union Minister for Finance Smt Nirmala Sitharaman has inaugurated National CA Conference

Addressing the event Union Minister said, “While we have become the 5th largest economy, we have also emerged as a global fin-tech superpower. We are on course to become the 3rd largest economy. Our CA fraternity will be the catalyst of this economic growth,”

“They have to handhold and provide financial guidance to start-ups, women entrepreneurs, nano enterprises of the bottom of the pyramid and MSMEs for adding more strength and structure to India’s entrepreneurial spirit,” he added.

“The Government is actively ensuring that India’s Chartered Accountants become global leaders and engage with counterparts from other countries, thus enabling the sharing of the best possible knowledge,” Union Finance Minister said.

“India’s economy is driven by start-ups, new-age industries, and industries transitioning from traditional methods to modern approaches. All of this requires the support of CAs, guiding clients and encouraging them to embrace new technology.  This will be possible only when CAs are at the top in adopting technology,” she said.

I hope you will build on the success of the World Congress of Accountants (WCOA) held in November 2022, and you should strive to forge more collaborations with other international organisations, Sitharaman added.