To usher in a new facility for the Chartered Accountants, The Institute of Chartered Accountants of India, ICAI, has laid the Foundation Stone for its first residential campus - Centre of Excellence at Jaipur. The Foundation Stone was laid by Union Minister of Corporate Affairs, Shri Prem Chand Gupta yesterday. Chief Minister of Rajasthan, Smt. Vasundhara Raje was the Chief Guest at the ceremony.

Highlighting the importance of the 'Centre of Excellence' Shri Ved Jain, President, ICAI, said that it will not only provide residential training to students, as part of their articleship, but will also provide a research hub in accounting and other related areas. He said that the Centre of Excellence at Jaipur would be an international landmark in the field of education and training. The Centre will also help to meet the demands of neighboring countries and other parts of the world for training their accountants.

The Centre will have a number of facilities including a Centre for Research and a Centre for Post-qualification courses. The Centre of Excellence will also have Auditoriums, Meeting Rooms, Conference Rooms, Computer Lab and a Sports Complex. It will also prove to be a boon to Rajasthan as it will place the state on the national and global accountancy map, support the Govt. on accounting and finance related reforms in different tiers of Governance and improve the quality of commerce education in the state.