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The Institute of Chartered Accountants of India (ICAI) has inked an MoU with and Indian Association of Gold Excellence and Standards (IAGES) to implement a robust accreditation framework for value chain partners in the gold industry, which currently comprises an estimated six lakh partners across India. A Memorandum of Understanding (MoU) was exchanged between CA. Charanjot Singh Nanda, President, ICAI and Shri Kaushlendra Sinha, Chief Executive Officer, IAGES in the august presence of Shri Arj
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FAQ :
The MoU aims to implement a robust accreditation framework for value chain partners in the gold industry, enhancing standards and governance.
CA. Charanjot Singh Nanda, President of ICAI, and Shri Kaushlendra Sinha, Chief Executive Officer of IAGES, exchanged the MoU.
The gold industry's value chain in India currently comprises an estimated six lakh partners.
Shri Arjun Ram Meghwal commended the efforts, highlighting the importance of standardization and linking the initiative to the vision of Dr. B.R. Ambedkar for gold standardization.
The initiative is expected to create meaningful professional opportunities for ICAI members and involve Chartered Accountant firms in the accreditation work.
It signifies a step towards realizing the vision of structured gold standardization, aligning industry practices with global best practices, and contributing to the Indian economy's growth.
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