ICMAI to Organise National Programme on Innovative and Sustainable Financing for Viksit Bharat

· Free Press Journal

The Cooperative and NPO Development Board of The Institute of Cost Accountants of India (ICMAI) has successfully organise a national programme on "Innovative and Sustainable Financing for Viksit Bharat: The Role of CSR, Social Stock Exchange and Carbon Credits in Strengthening Cooperatives, NPOs and Social Enterprises" on Wednesday, 8 July 2026, at the Dy. Speaker Hall, Constitution Club of India, New Delhi, from 10:00 a.m. to 2:00 p.m.

The programme was organised in association with the Indian Parliamentary Forum (IPF) and marks the maiden event of the newly constituted Cooperative and NPO Development Board of ICMAI. It is also being held as part of the Institute's observance of the International Day of Cooperatives, highlighting the importance of cooperatives in achieving inclusive, sustainable and equitable economic growth.

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Pradeep Gandhi MP (14th Lok Sabha) Chhattisgarh, Secretary General, All India Ex MP Association, New Delhi, Secretary General, Indian Parliamentary Forum (IPF), New Delhi Graced the event as Chief Guest and highlighted the importance of cooperation for achieving the target of Viksit Bharat.

The programme features eminent professionals and thought leaders as key note speakers, including CMA S. K. Gupta and CS Mamta Binani, Former President of The Institute of Company Secretaries of India (ICSI), both the speakers shared their perspectives on sustainable financing, governance, regulatory developments and the evolving ecosystem for cooperatives and social enterprises.

Sameer Wadhwa is the Executive Director – Finance, Operations & HR at Ideas to Impact Foundation, Subhashish Neogi, Director – Finance, Legal & IT at Bal Raksha Bharat and CMA Amit Mathur Director Finance & operation were among the dignitaries who shared their experience with the participants.

The deliberations were focused on innovative financing mechanisms, including Corporate Social Responsibility (CSR), Social Stock Exchange (SSE) and Carbon Credits, and their potential to strengthen cooperatives, non-profit organisations (NPOs) and social enterprises. The programme aims to promote dialogue on expanding access to sustainable sources of finance and supporting the vision of Viksit Bharat through a vibrant social economy.

CMA Navneet Kumar Jain, Council Member, ICMAI, and Chairman, Cooperative and NPO Development Board, highlighted the importance of having the a collaborative platform for policymakers, professionals and institutions to explore innovative financing solutions that can empower cooperatives and social enterprises and contribute meaningfully to the national vision of Viksit Bharat.

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