Indian Road Transport Minister opens 14th BCICAI conference

In his opening address, the minister called for foreign direct investment in India’s rapidly expanding infrastructural upgrade as the country prepares for its ambitious $ 5 trillion economy target by 2025 and the third-largest economy in the world by 2027.

The event was under the patronage of the Ministry of Industry and Commerce, Kingdom of Bahrain.

The opening ceremony was attended by Indian Ambassador Piyush Srivastava, the Undersecretary for Bahrain’s Ministry of Industry & Commerce’s Chief of Financial Analysis and Economic Information, Ms Duaa Abduelah Almuallim, Shura Council Member and KPMG Bahrain Managing Partner, Mr Jamal Fakhro and the Chairman of the Bahrain Accountants Association, Mr Abbas Ali Radhi.

Ambassador Srivastava applauded the work of the premier professional body, especially in light of the recent ICAI conference in India attended by a delegation of senior Bahraini accountants.

Jamal Fakhro said that the need of the hour was enhanced thrust on technology updates for all chartered accountants.

“To make the profession future-ready, we must emphasise the need for revamping not just the accountancy course content but take a serious look at our overall education system too.”

Noted TV actress, classical dancer and motivational speaker Sudha Chandran inaugurated the event with a dance performance.

“The annual conference is a great platform to re-connect with the CA fraternity regionally and from further afield and take stock of the evolving trends that shape our work,” said BCICAI Chairperson Sharmila Shet.

“We have just returned from the prestigious World Congress of Accountants in Mumbai where the BCICAI had a delegation of Bahraini accountants from Bahrain’s National Audit Office. “This year, our talks span cybersecurity and money laundering concerns to life lessons from motivational speakers such as theatre and TV personalities Manoj Joshi and Sudha Chandran and sessions on assessing the impact of technology on the business of accounting.”

The conference concludes today with a line-up of influential speakers such as (Dr.) Debashis Mitra, the President of the powerful ICAI, Aniket Talati the Vice-President, Dr Narendra Jadhav, Former Advisor to the IMF and Former Chief Economist of the RBI and Kanika Tekriwal, CEO of JetSetGo, India’s foremost private jet charter service and Forbes 30 Under 30 business leader.