Signal Desk · Economy

Panel asks MCA and ICAI to respond on reservation policy

2026-09-27 · 1 source · BusinessLine Economy

In short

A parliamentary committee asked the Ministry of Corporate Affairs and ICAI to reply by October 5 about why a reservation policy has not been implemented in ICAI. The request came from the Committee on the Welfare of Scheduled Castes and Scheduled Tribes.

This matters because it puts pressure on the ministry and ICAI to explain the delay. The available reporting does not say what they will answer or what happens next.

What the reporting says

The Parliamentary Committee on the Welfare of Scheduled Castes and Scheduled Tribes asked the Ministry of Corporate Affairs and the Institute of Chartered Accountants of India to reply to its office memorandum by October 5. The request concerns the non-implementation of a reservation policy in ICAI, according to the headline and summary. The reporting does not state the committee's next steps or any response from the two bodies.

Why it matters

The Parliamentary Committee on the Welfare of Scheduled Castes and Scheduled Tribes asked the Ministry of Corporate Affairs and ICAI to respond to its office memorandum by October 5 over the non-implementation of a reservation policy. The reporting does not state the contents of the memorandum or any reply. The immediate effect is a formal demand for explanation from the ministry and the professional body.

Touches: Government, Economy

Sources