Second Phase of Digital India programme

PM Modi may launch the second phase of Digital India programme on June 15

The programme was launched by Modi in 2015 with an aim to make all government services available to citizens electronicallyKeeping an eye at the target of a Rs 1 trillion digital economy by 2022, the government could soon announce the second phase of its Digital India programme, with about 30 policy initiatives.

second phase of Digital India programme
According to sources, this is likely to be launched by Prime Minister Narendra Modi around June 15. The electronics and information technology ministry is working on the boost to the existing programme.

The programme was launched by Modi in 2015 with an aim to make all government services available to citizens electronically.

The proposal is to launch the programme immediately after the Modi government completes four years in office.

The focus would be on services such as health, education, rural development, agriculture, energy and next-generation financial services. The government plans a national document and data exchange, to develop real-time data visualization and deep analytics capabilities, a government e-marketplace, digitally-enabled power distribution and direct benefit transfers, and grid automation, among others.

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PM Modi wants….

PM Modi wants 4 Indian accounting firms in world’s Big 8 by 2022

Prime Minister Narendra Modi on Saturday called for the creation of four large Indian accounting firms that could form the ‘Big 8‘ of the world, even when he warned CAs against the misuse of his powerful firm.

PM Modi wants 4 Indian accounting firms in world's Big 8 by 2022
He said that the signing of a public accountant is more powerful than even that of a prime minister and the government also believes in the accounts signed by them.

“Your signature carries immense faith, please do not break the trust that is placed in you.

Modi told the CA community while talking about older women and others who invest in mutual funds and other schemes based on their faith in the reports signed by the auditors.

Big 4 in India, Big 8 In Te World

Referring to the ‘Big 4’, a term used for the four largest audit firms in the world, the Prime Minister said that there are so many accounting firms in India, but none of them has managed to find a place among the best global players.

People talk about the 4 big accounting firms, unfortunately, there is no Indian firm there, by 2022, we have a Big 8, where 4 firms are Indian.

Modi said when addressing CA on Foundation Day. of the ICAI (Institute of Public Accountants in India).
The main global accounting firms include PwC, Deloitte, EY, and KPMG.

Modi said CAs also have an important role to play after the launch of GST and also in the context of the new insolvency and bankruptcy law.

He said that a new India is waiting and the ACs have a great responsibility as they form a key pillar of the Indian economy.
Modi also urged CAs to work to get their clients on the path of honesty, instead of helping them avoid paying taxes.