**Summary:**
On August 9, 2025, Shri V. Vualnam, Secretary of the Department of Expenditure (DoE), Ministry of Finance, presided over the Indian Cost Accounts Service (ICoAS) Day 2025 celebration in New Delhi. The event, themed "ICoAS in SAMTH," emphasized the role of ICoAS officers in contributing to the vision of Viksit Bharat.
Shri Vualnam delivered a keynote address, acknowledging the dedication of ICoAS officers in shaping India's economic landscape. He urged them to adopt technology and innovation for enhanced public financial management and lauded the ICoAS cadre's weekly capacity-building training program. He also highlighted the iGoT Karmayogi platform for knowledge enrichment and encouraged officers to contribute capsule courses based on their expertise.
The event included the release of an ICoAS e-brochure showcasing its evolution, functions, achievements, and capacity-building initiatives. Shri Pawan Kumar, Chief Adviser Cost and head of ICoAS, presented notable developments within the service over the past year. A documentary on the journey and impact of ICoAS was also screened. Three young ICoAS officers were recognized for their contributions with Sarvottam, Ati Uttam, and Uttam appreciation certificates.
Following the inaugural session, three technical sessions were conducted. Ambassador Deepak Vohra (IFS Retd.) delivered a keynote on India's cultural resurgence and global rise. Shri Anurag Goyal, Senior Adviser at NITI Aayog, discussed the appraisal of infrastructure proposals. Shri Gautam Kapoor, a cybersecurity expert, addressed digital security in governance.
The celebration saw participation from senior officials across ministries and departments. The event served as a platform for capacity building, knowledge sharing, and strategic dialogue, reinforcing ICoAS's commitment to India's economic empowerment.
Key Entities Referenced
Ministry of Finance: A ministry of the Government of India responsible for financial matters.
Shri V. Vualnam: Secretary, Department of Expenditure, Ministry of Finance, who presided over the Foundation Day celebration.
Indian Cost Accounts Service: A service under Department of Expenditure, playing a role in shaping the economic landscape of India; also referred to as ICoAS.
New Delhi: The location of the Foundation Day celebration of ICoAS. Capital of India.
Viksit Bharat: A vision or goal that ICoAS officers contribute towards.
iGoT Karmayogi: A platform or initiative aimed at enriching the knowledge and professional competency of officers.
Shri Pawan Kumar: Chief Adviser Cost and head of ICoAS, who delivered a presentation on developments in the ICoAS.
NITI Aayog: A policy think tank of the Government of India.
Ministry of Finance
Secretary Expenditure Shri V. Vualnam presides
over the Foundation Day celebration of Indian Cost
Accounts Service (ICoAS) Day 2025 in New Delhi
today
Posted On: 09 AUG 2025 8:09PM by PIB Delhi
Shri V. Vualnam, Secretary, Department of Expenditure (DoE), Ministry of Finance, presided over the
Foundation Day of the Indian Cost Accounts Service under Department of Expenditure, in New Delhi, today.
The theme for this year’s celebration was ‘ICoAS in SAM@₹TH ’, underscoring the pivotal role of ICoAS
officers in contributing towards the vision of Viksit Bharat.
In his keynote address, Shri Vualnam 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.Shri Vualnam urged the officers to embrace technology and innovation to enhance the effectiveness and
efficiency of public financial management. He also appreciated the weekly training programme towards
capacity building introduced by the ICoAS cadre and encouraged ICoAS officers to actively participate in it.
Shri 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.On the occasion, he released the e-brochure of the ICoAS, highlighting its evolution, key functions,
achievements and initiatives in capacity building.
Earlier, Shri Pawan Kumar, Chief Adviser (Cost) and head of ICoAS, delivered a comprehensive presentation
on the notable developments in the ICoAS over the past year. A documentary, showcasing the journey,
evolution and impact of ICoAS, was also screened during the event.
Shri 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).
Ambassador Deepak Vohra (IFS Retd.) delivered a compelling keynote titled “The Jamvant Effect: India
Becomes Bharat”, emphasizing India’s cultural resurgence and global rise through a blend of heritage and
modernity.In the second session, Shri 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 Shri Gautam Kapoor, focused on the critical role of digital
security in governance, offering strategies to strengthen cyber resilience across government systems.The celebration witnessed enthusiastic participation from senior officials across ministries and departments,
reaffirming the integral role played by ICoAS in policy formulation, cost management and efficient public
expenditure.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.****
NB/KMN
(Release ID: 2154744)