Union Minister of State for Defence, Mr. MM Pallam Raju called upon that Chartered Accounts play crucial role in the development of country. He participated in the inaugural function of Institute of Chartered Accounts of India (ICAI) Southern region branch here at NFCL Road on Saturday. Minister inaugurated by lightening the lamp (Jyothi Prajwalana). Speaking on this, Mr. Pallam Raju stated that Chartered Accountants were given most priority in accordance with the changes in state of affairs across the world. Minister appreciated the financial supporters Reliance, NFCL, SRMT companies, IOC Dealer Mr. D.Lakshmana Murthy. ICIA President, Mr. G. Rama Swamy (New Delhi) stated that this institute was started in the year 1949 with 2000 members. At present, there are total 1.70 lakh members, 7 Lakh CA students are part of this institute, he added. He stated that branch in east region is at Kolkatta, west region is at Mumbai, south region is at Chennai and north and middle region is at New Delhi. ICIA Kakinada Branch President TVS Aditya Sharma presided over this function. District Collector Mr. M.Ravi Chandra, City MLA Mr. Dwarampudi Chandrasekhar Reddy, Kakinada Rural MLA Mr. Kurasala Kanna Babu, Mr. Pantham Gandhi Mohan, Smt. Vanga Geetha, MLC Mr. KVV Satyanarayana Raju, Reliance Industry KGD-6 Manager Mr. Prem Kumar Varma, NFCL CMD Mr. KS Raju, SRMT CMD Mr. K.Saradhi, SIRC Vice President Mr. K.Viswanath, Chamber of Commerce President Mr. Dantu Surya Rao, Income Tax Office Commissioners Mr. KPC Rao (Rajahmundry), Mr. Shanmukha Sundaram (Vishakapatnam), Kakinada Range Additional Commissioner Mr. G.Mallikarjuna, Co-commissioner Mr. K.Ravi and others participated in this program.