CMA P.Raju Iyer President, ICAI

Atmanirbhar Bharat Abhiyaan or Self-reliant India campaign is the vision of new India envisaged by the Hon'ble Prime Minister Shri Narendra Modi. The Prime Minister raised a clarion call to the nation giving a kick start to the Atmanirbhar Bharat Abhiyaan and announced the Special economic and comprehensive package of INR 20 lakh crores - equivalent to 10% of India’s GDP. The aim of this movement is to make the country and its citizens independent and self-reliant in all senses.

Health and well-being is on the top of the prominent pillars of Atmanirbhar Bharat. The challenge for any country around the world today is to keep good health for its citizens at affordable cost. While many factors contribute to success in the global economy, no country can be competitive without a healthy and productive population.

Tourism is the lifeline of the Country and serves as an important sector in the economic development of India. Considering the unique role tourism plays in providing livelihood opportunities outside big cities while preserving cultural and natural heritage of the country, Rural Tourism has been identified as one of the niche tourism areas for development.

Education is the right of every Indian citizen, regardless of gender or social status. It promotes a democracy that comprises a civilized and well-mannered society. Over the years, awareness has increased in India about the need to ensure that quality education reaches children from all social backgrounds.

Sustainable Development requires infrastructural, social and technological support by the government in implementing various schemes and projects. Apart from being a critical driver of economic growth, global inward investment is a major source of non-debt financial resource for the economic development of India.

CMA techniques are instrumental in controlling cost in all areas of a manufacturing business to attract foreign investors to invest in manufacturing business leading to employment generation, improvement in purchasing power for consumers, which eventually would help industry realize the potential of India as the great bazaar. CMAs with foresight and appropriate strategic planning assist the competent authority in legal, regulatory and tax considerations consequently promote the investor's interest regarding investment to overcome the challenges and generate favourable returns. Cost control is critical for competitiveness in the export market.

To celebrate the spirit of Atmanirbhar Bharat and to propagate the contribution of the Cost and Management Accounting Profession towards the same, we are coming to Uttar Pradesh, the land of spirituality, education and enlightenment, for the first time to organise the 60th National Cost Convention of the Institute. The historical city of Lucknow will host the 60th NCC 2022 on the theme Adhyatm Se AtmanirbhartaKee Ore. The region serves asa confluence of high class education with the assemblage of IIM, IIT, Universities, Law Colleges, Professional Bodies, Management, Medical and Engineering Institutions flavoured with spirituality and cultural heritage. We are sure that this unique blending of spirituality, education and culture will guide us towards knowledge, enlightenment and self-belief. This is the essence of the 60th NCC 2022 to be organised by the Institute of Cost Accountants of India.

We are confident that with the participation of Industrial leaders, valuable guidance of esteemed speakers, gracious presence of distinguished guests and delegates from profession, industry, regulators and government the 60th National Cost Convention 2022 will be a hugely successful event of the Institute and the CMA profession.

Wishing all of the participants a very happy, healthy and enlightening stay at Lucknow