Key Points

Finance Secretary V. Vualnam urged ICoAS officers to leverage technology for better public financial management. He praised their role in India's economic growth and highlighted iGoT Karmayogi for skill development. Three officers were honored for outstanding contributions. The event also featured discussions on infrastructure appraisal and cybersecurity in governance.

Key Points: Finance Secretary Vualnam Urges ICoAS Officers to Adopt Tech for Public Finance

  • Vualnam pushes tech adoption for financial efficiency
  • iGoT Karmayogi training emphasized for officer competency
  • Three ICoAS officers awarded for exemplary service
  • Cybersecurity expert stresses digital governance resilience
2 min read

Embrace tech to enhance public financial management: Top govt official to ICoAS officers

V. Vualnam highlights tech-driven public financial management at ICoAS Foundation Day, stressing innovation and iGoT Karmayogi for Viksit Bharat goals.

"Embrace technology to enhance efficiency in public financial management – V. Vualnam, Finance Secretary"

New Delhi, Aug 9

V. Vualnam, Secretary, Department of Expenditure (DoE), Ministry of Finance, on Saturday urged the Indian Cost Accounts Service (ICoAS) officers to embrace technology and innovation to enhance the effectiveness and efficiency of public financial management.

Presiding over the Foundation Day of the Indian Cost Accounts Service here, he also appreciated the weekly training programme towards capacity building introduced by the ICoAS cadre and encouraged ICoAS officers to actively participate in it.

Vualnam underscored the role of iGoT Karmayogi in enriching the knowledge of the officers towards professional competency and also suggested officers to associate themselves with the iGoT Portal by developing small capsule courses based on their experience and knowledge explaining the roles of ICoAS officers in different Ministries and Departments.

In his keynote address, he appreciated the dedication, expertise and commitment of ICoAS officers in shaping the economic landscape of India and emphasised on the critical role of ICoAS officers in achieving the goal of Viksit Bharat.

Vualnam also felicitated three young ICoAS officers who have been exemplary in their contributions by conferring them with ‘Sarvottam’, ‘Ati Uttam’ and ‘Uttam’ appreciation certificates.

The inaugural session was followed by three technical sessions, in the presence of Secretary Expenditure and Chief Adviser (Cost).

Pawan Kumar, Chief Adviser (Cost) and head of ICoAS, delivered a comprehensive presentation on the notable developments in the ICoAS over the past year.

In the second session, Anurag Goyal, Senior Adviser at NITI Aayog, discussed the appraisal of infrastructure proposals, underlining the importance of robust evaluation frameworks for efficient planning and execution. The third session, led by cybersecurity expert Gautam Kapoor, focused on the critical role of digital security in governance, offering strategies to strengthen cyber resilience across government systems.

The 'ICoAS Day 2025' celebration served as a platform for capacity building, knowledge sharing and strategic dialogue, reinforcing the service’s unwavering commitment to building a stronger, more resilient and economically empowered India.

—IANS

- IANS

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Reader Comments

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Priya S
While the initiative is good, I hope this isn't just another jumla. We've seen many tech initiatives fail due to poor implementation. The real test will be when these systems are rolled out in rural areas where internet connectivity is still patchy.
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Arjun K
As someone working in IT sector, I can say cybersecurity session was most crucial part! Government systems are prime targets for hackers. Glad they're focusing on this - hope they implement strong encryption and multi-factor authentication.
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Nisha Z
Training is good but what about accountability? We need systems where officers are answerable for project delays and cost overruns. Technology can help track this - hope they implement proper monitoring mechanisms 👏
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Karan T
Recognition for young officers is a great move! This will motivate others to perform better. But awards should be based on measurable outcomes, not just seniority or connections. Transparency is key!
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Sarah B
Interesting to see NITI Aayog's involvement in infrastructure appraisal. Hope they consider environmental impact assessments too while evaluating projects. Sustainable development should be priority for Viksit Bharat.

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