Bhubaneswar

'CSs protect interests of stakeholders'

PNS

The profession of company secretaries (CSs) is based on governance, which is absolutely required for the smooth functioning of our country’s administrative system”, said Social Security and Empowerment of Persons with Disabilities, Women and Child Development and (Mission Shakti), MSME Minister Prafulla Samal while inaugurating the ICSI Bhubaneswar’s 36th foundation day celebration here on Tuesday.

Samal said CSs are regarded as the backbone of governance and the CSs are greatly involved in the formation and management of companies and also play an important role and a great responsibility in ensuring that the interest of the stake holders always tops the agenda.

The Odisha Government has introduced the Industrial Policy, 2015. A special department, named, MSME has been created for the growth and development of industries and several policies like MSME Development Policy, 2016, Food Processing Policy, 2016 and Start-up Policy 2016 has been introduced for the development of industries of the State, he added.

North Bhubaneswar MlA Priyadarshi Mishra said CSs being the compliance officers of corporates, they carry a big role in being sensitised and also to sensitise all the stake holders for a sustainable world economy. This is a challenge for the professionals to bring in transparency and Governance with sustainability is the call of the day for all of us, he added.

Bhubaneswar chapter chairman Priyadarshi Nayak and secretary and treasurer RK Kar also spoke on the occasion.