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The Institute of Chartered Accountants of India (ICAI), through its Committee on Career Counselling (CCC), launched "Project Vanijya - Shaping the Future of Students for Bharat as a Developed Country", a visionary national initiative aimed at strengthening commerce education from the early stages of schooling, in alignment with the Hon’ble Prime Minister's vision of Viksit Bharat @2047.
The Project Vanijya was launched on 19 December 2025 in New Delhi during a national-level deliberation, with active participation from senior leaders and representatives of education boards from 17 states across India. The event was graced by the presence of CA. Charanjot Singh Nanda, President, ICAI, CA. Prasanna Kumar D, Vice-President, ICAI, CA. Durgesh Kumar Kabra, Chairman, Committee on Career Counselling, ICAI and CA. Pankaj Shah, Vice-Chairman, Committee on Career Counselling, ICAI, along with Central Council Members and CA. (Dr.) Jai Kumar Batra, Secretary, ICAI.
On this occasion, CA. Charanjot Singh Nanda, President, ICAI, said, "The Project Vanijya has been conceptualized to play a pivotal role in India's journey towards becoming a developed nation by 2047 by nurturing financial literacy, business awareness and entrepreneurial mindset among students from Class VI onwards. The aim is to empower young students with early exposure to commerce, trade, banking, money management, taxation and ethical business practices, making education more practical, relevant, and future-oriented. This initiative is aligned with the National Education Policy (NEP) 2020, which emphasizes holistic, multidisciplinary, skill-based and experiential learning to prepare students for the demands of the 21st-century workforce".
National-Level Deliberations and Key Focus Areas
The meeting served as a common platform for education leaders to deliberate on strengthening commerce education in schools. Key focus areas included:
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Participants highlighted the importance of introducing commerce concepts early to build a strong economic foundation and to equip students with essential life skills such as budgeting, saving, decision-making, teamwork and ethical conduct.
Representatives from State Education Boards commended ICAI’s globally recognised education and training framework, especially the CA course’s blend of strong conceptual learning, hands-on practical training and industry exposure. Acknowledging ICAI’s high standards and international standing, they expressed a strong interest in partnering with ICAI to implement Project Vanijya.
Proposal for MoUs with State Education Boards
During the discussions, several State Education Board leaders proposed the signing of Memorandums of Understanding (MoUs) with ICAI to formally collaborate on introducing and strengthening commerce education at the school level under Project Vanijya. The proposed partnerships aim to ensure structured implementation, curriculum support, teacher orientation, and long-term sustainability of the initiative.
Project Vanijya represents a strategic and forward-looking initiative that supports India’s aspiration of becoming a Viksit Bharat by 2047. By introducing commerce education at an early stage and aligning it with national and global standards, ICAI continues to contribute meaningfully to nation-building through education, skill development, and youth empowerment.
About ICAI
The Institute of Chartered Accountants of India (ICAI) is a statutory body set up by an Act of Parliament under the Chartered Accountants Act, 1949 for the regulation and development of the profession of Chartered Accountancy in India. The Institute functions under the administrative supervision of the Ministry of Corporate Affairs, Government of India. With over 15 Lakh Members and Students, today ICAI is the largest professional accountancy body in the world. ICAI has a wide network of 5 Regional Councils and 185 Branches within India and a global presence with 54 Overseas Chapters and 31 Representative Offices spanning 85 cities across 47 Countries worldwide.
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