ICAI's first residential campus at Jaipur

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New Delhi, Sep 12 (UNI) The Institute of Chartered Accountants of India (ICAI) will get its first residential campus, ICAI-Centre of Excellence, located at Jaipur in Rajasthan.

The foundation stone for the centre was laid by Union Minister for Corporate Affairs Prem Chand Gupta in the Pink City yesterday.

Rajasthan Chief Minister Vasundhara Raje was chief guest at the ceremony.

The centre will offer various facilities including research and for post-qualification courses. Besides auditoriums, it will have meeting rooms, conference rooms, computer lab and a sports complex.

According to ICAI President Ved Jain, it will not only provide residential training to students as part of their articleship, but also provide a research hub in accounting and other related areas.

Speaking after the foundation-laying ceremony, Mr Gupta said "the ICAI-Centre of Excellence will provide training which will help in getting students due recognition." He expressed hope that the centre would be an international landmark in the field of education and training by meeting the demands of neighbouring countries and other parts of the world for training their accountants.

Ms Raje in her address pointed out that Rajasthan was one of the states from where a large number of CAs pass out every year. The State Government's decision to enter into a partnership with ICAI was aimed at the growth of both the institute and the state. She extended full help in construction of roads and development of other infrastructure in the campus.

Mr Jain said the proposed centre will prove to be a boon to Rajasthan as it will place the state on the national and global accountancy map, support the Government on accounting and finance related reforms in different tiers of governance and improve the quality of commerce education in the state.

UNI SD SG HT1957

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