ICAI President a 30-lakh-crore demand in India by 2047

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Ranjeet Kumar Agarwal noted that by 2047, India would need more than 30 lakh new CAs for the growing economy.

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But this is a difficult target to achieve. Currently, ICAI boasts four lakh registered CA members.

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Despite high expectations, the pass percentage in CA exams remains low, ranging from 10% to 20%.

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The ICAI, under Ranjeet Kumar Agarwal's leadership, has set sights on 30 lakh new CAs by 2047.

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Unveiling plans for student support, technological integration, and inclusive growth in chartered accountancy.

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Agarwal plans to attract students from the school level and start an "each one, teach one" program.

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