ICAI President Aims for Over 30 Lakh New CAs by 2047



Quick Summary
The Institute of Chartered Accountants of India (ICAI) has seen a significant surge in registrations for its upcoming exams, with 1.29 lakh students signing up for the May-June session under the new syllabus. ICAI President Ranjeet Kumar Agarwal has set an ambitious goal to train over 30 lakh Chartered Accountants by 2047 to support India's economic growth. The institute is also implementing various initiatives, including partnerships with educational institutions, mentorship programmes, and fee concessions, to encourage more students to pursue the CA qualification and embrace technological advancements like AI.

The Institute of Chartered Accountants of India (ICAI) has announced a staggering registration figure of 1.29 lakh students for the upcoming May-June session of the Chartered Accountancy qualification exam under the new syllabus scheme. CA Ranjeet Kumar Agarwal, the newly appointed president of ICAI
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FAQ :

A total of 1.29 lakh students have registered for the upcoming May-June session of the Chartered Accountancy qualification exam under the new syllabus scheme.

ICAI President Ranjeet Kumar Agarwal projects that India will require over 30 lakh new Chartered Accountants by 2047 to support the nation's economic growth.

There is a possibility of rescheduling the intermediate and final examinations due to the impending Lok Sabha elections, which might overlap with the exam dates. The institute will issue an official notice if any adjustments are made.

ICAI is partnering with over 500 colleges and schools to introduce CA courses, offering career counseling and online resources. They also have a 'each one, teach one' initiative for mentorship and provide free online content.

Yes, ICAI offers fee concessions to students from specific regions, including Jammu and Kashmir, Ladakh, and the northeastern states, to promote inclusivity.

Yes, ICAI has formed a committee to integrate artificial intelligence into its operations to enhance efficiency and adapt to the evolving demands of the profession.




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