Addressing the 2025 National Students' Convocation of ICAI, President Murmu calls cost accountants "key instruments" in India's vision to become a developed nation.
President Droupadi Murmu Addresses ICAI Convocation 2025, Calls Cost Accountants Vital to India’s Future
New Delhi, June 23, 2025 —President Droupadi Murmu addressed the National Students’ Convocation 2025 of the Institute of Cost Accountants of India (ICAI) in New Delhi today, delivering an inspiring and forward-looking speech to graduates and professionals of one of India’s premier financial bodies.
“Cost Accountants Are Nation-Builders”
In her keynote address, President Murmu applauded ICAI’s continued commitment to excellence in cost and management accountancy education, and recognised the pivotal role played by cost accountants in shaping India's economic and fiscal policy landscape.
“Cost accountants are not just finance professionals; they are instruments of progress, helping steer India toward its vision of becoming a developed nation by 2047,” the President said.
She urged the graduating students to maintain the highest standards of integrity and professionalism, calling it the cornerstone of their contribution to the economy.
A Call to Serve Beyond Numbers
President Murmu also encouraged cost accountants to go beyond traditional roles and explore opportunities in areas such as:
- Policy-making
- Taxation and audit reforms
- Corporate governance
- Environmental and social responsibility
“Your skillsets are vital not just in balance sheets, but in crafting policies, auditing transparency, and ensuring sustainable development,” she said.
Adapting to a Changing World
Recognising the rapid transformation of the global economy, President Murmu stressed the importance of staying technologically updated, embracing digital innovation, and continuously reskilling to stay relevant.
“We are living in a globalised economy where technology is transforming business every day. Your willingness to adapt, learn, and innovate will define your long-term success — and that of the nation.”
Academic Excellence Recognised
The convocation also celebrated meritorious students, with certificates and awards distributed to those who demonstrated academic distinction and professional excellence. The ceremony brought together students, faculty, alumni, and industry leaders, showcasing the institute's growing influence and impact.
About ICAI
The Institute of Cost Accountants of India, formerly known as ICWAI, is a statutory professional body under an Act of Parliament. It is responsible for promoting, regulating, and developing the profession of cost and management accountancy in India.
With a growing number of professionals contributing across sectors, ICAI plays a crucial role in India's financial system, supporting industries, improving cost efficiency, and advising on policy matters.
President Murmu’s address reinforces the government’s recognition of financial professionals as vital agents in national development, especially in a decade where India is aiming for ambitious economic milestones.
Her message serves as both encouragement and a challenge for young professionals to think beyond corporate success and work toward nation-building through ethical and impactful finance practices.