I think that today I should make you people happy before leaving..! It is indeed my personal interest to make you people happy, after all it is you who will conduct our audit. This is how it is, isn’t it..? The client does anything and everything to keep the auditor happy..! Friends, the motto of ICAI is ‘Ayam Eshu Supteshu Jagrati’, that means one who stays awake amongst the sleeping. This is what it means, right..? But, there is another very famous saying, ‘It is very easy to awaken the asleep, difficulty lies in to arise the awake’..! And who can wake up already awaken persons like you..! Friends, The profession you are in and the profession you are progressing towards, is of a doctor.. It can be a family doctor, a general physician or a surgeon, but whatever it is, people know that you will take care of people’s health, reduce their pains and suffering, heal the diseased. And because of this, those who are the individual beneficiaries they feel for them specially. But, very few people know that it is the chartered accountants that take care of the societal health..! The systems of society stay healthy; such unwanted and hazardous elements do not enter the societal system that can affect the societal well being..! And in this sense, the responsibility of a chartered accountant is no less than that of a doctor..! A doctor when serves the patient, and even if he cuts off a part from the patient’s body, the patient likes him, he remains grateful and thanks the doctor. Why..? Because he saved him..! But when an auditor conducts the audit, we say that this auditor needs to be changed..! He says that sir, all I have done is for your well being. You should stay in the boundaries of law, follow the rules and maintain transparency, and then client says… I will rather find a more practical person. And till date, I could not understand what in the world this word ‘Practical’ means..! Some people tell me that Modi Ji, this is politics, you should become a bit practical..! And what this Practical is, you might not know, but your seniors can tell you..!
Friends, today black money is a widely discussed topic in our nation. Why are you getting shocked!! The black money has been shifted to foreign nations even that are proclaimed at times. Now, this black money is not black currency of course..! This is a product of black intentions, which creates a parallel economy, a complete parallel financial structure, which is neither monitored nor controlled by anyone and turns into cancer later. And sometimes this unofficial financial system becomes so much stronger than the official financial system that all the systems get failed..! Friends, what is that place, where this black money can be controlled..? Is there a place where these people with dirty intentions can make black money..? No, there is an entrance, which if is guarded by the right gatekeeper, there is no scope of making black money, and the guard of that entrance of that place is YOU..! If a chartered accountant closely monitors this, takes care of all the jugglery possible, watches over the trends, and analyzes what have been changed in the accounts. If there is a system to check all this and it is vigilantly monitored with professionalism, then friends I am sure, we can control this production of black money to a great extent. The sins that have already been committed, those who have committed the crimes, chances to punish them will come with time, but friends, to control those who are upcoming, you are there, Friends. And this is why I say that yours is a profession in the society that has the onus as well as the capacity to save this entire economy and keep it growing..!
Sometime what happens is that we don’t even know the enormity of the spectrum that will be affected by our area of working..! We just feel that we have to spend all our life in these numbers 0-9, so what we do is, we just keep analyzing, summing up, checking accounts day and night, asking computers, updating software and we come to a conclusion that our life is nothing but this arithmetic calculation. Friends, once some sculptors were carving the stones. They were sweating heavily, it was sunny partially. They were working on lifeless stones. Someone went and asked what are you doing..? One responded, what to do… I am working so that I don’t starve. Another person said that we were born among the stones and we have to live among them so that’s what we are doing. Third person replied, what can we do? We need to bring up our children so we need to work this hard, look what condition our hands are in? When one more person who was there whose hands were bleeding, was asked what he was doing, he said ‘I am erecting a great temple’. He also was carving stones, even his hands were wounded, but he knew the greater picture he was working for. And, he was proud that the stones he was carving will turn into a beautiful temple one day and I am creator of it..! The other dozen were labours who were working to feed their family..! Friends, a chartered accountant’s role should be such that he knows that he is not working just to add and subtract these numbers between 0 to 9, but he should feel that he is playing an important role in building the economic infrastructure of this nation..! Then only you will feel that what is the aim of your life? What do you relate your life with..! Friends, this is not a game of calculations, this is opportunity of a lifetime, and if you believe in it, then this can be very well enjoyed..!
Friends, there must be many amongst us, who were when kids and any guests used to come to the house then their mothers used to introduce them saying that he is my elder son, we will make him a doctor, he is younger, he will become engineer..! You also, must have heard it for years, want to become a doctor, an engineer..! Sometimes you would have said, will become a pilot, a cricketer. At times, you might have even considered becoming a celebrity. Now, I could not become that so I just came here. What else should I do..? I always have this concern for students of law and CA. I ask them, why are you studying law? They respond, because, I had nothing else to do. I can’t say this for you because I have to get my audit done..! But I knew some families, who used to ask their sons to take admission in CA. Why..? Just because they were unemployed and unmarried as well..! How to tell the relatives, they are doing nothing, so better to say: He is doing CA. And once they got a match, then whether CA gets completed or not, it does not matter. Friends, no matter how you have reached here, what were the circumstances like. You came here by will or by chance, but once you have made it to this place, put all your heart and soul in it..! And once, you associate yourself with it, get involved completely, you will see that whatever area you are in, you can start a new life, can start a new era altogether..!
Friends, basically I am not a person of politics. I left my house for social work, but circumstances, they dragged me here and once I reached here, I was sure, there is no turning back for me. I will put in my entire life friends, every second of my life, every single cell of my body but won’t let my duty suffer, and today, I can see the results of it..! My Gujarat has reached new heights altogether..! Friends, there should be a mission ahead of every young mind and if there is a mission, a will to do something in life, you will automatically find ways..! This is a real incidence from my own life. A few years back, I was going somewhere early in the morning by scooter. Oh yes, I know driving..! So, I was going towards Paldi, a person on the way stopped me and asked, is this the way to Sabarmati? I asked him, that are you going there by foot? He said No, You just tell me is this the way to Sabarmati? I said that, it’s quite distant, it will be sunny in a while, and you will get exhausted. He said, I am not asking how much is the distance from here, but if I am on the right track or not? I asked him many a times, but his answer was the same. Friends, I can’t ever forget words of that person I met one early morning. Friends, how so ever far the destination is, the track should be right. And if you are on the right track, then believe in this my friends, you are not going towards the destination but the destination itself is coming towards you..!
Friends, many a people are unhappy because their mind is constantly occupied with the thought that they want to become someone in life..! And such people can’t sleep at nights..! They can’t sleep, day and night they keep thinking, they have to do something and when they can’t achieve that, they start taking their lives as a burden. Wanted to become a CA, could not become one. Wasted three years and could not do anything. Now I will have to adjust within what I get. Will have to work under a CA as an accountant..! Friends, life suddenly turns into a burden. I will like to give a suggestion to all my young friends, shall I..? I could hear you this side..! Friends, don’t ever dream to become something. Today I am telling you something completely opposite to what you have heard all your life. Friends, never dream to become something in life. If you want to, dream of doing something in life..! Friends, we want to become something and can’t make it by some yards, we get hopeless. We dream of doing something and while doing that we get so motivated and the satisfaction level becomes so high that you keep doing things, also becoming something automatically and you also keep getting satisfaction..!
Friends, you are associated with the financial world. Gujarat’s progress is discussed all around..! What do you want to hear? Friends, Gujarat is such a state… And compare with the Government of Delhi, what is the situation of the country. Friends, you will be surprised to know this, you are all from accounting field, so I will talk in your language. Today 65-70% expenditure of Delhi Government is non-development expenditure, while only 30% is development expenditure..! Now you tell me, if most of the money is spent in non developmental purposes, how will you get food to eat, where will the youth get employment from, how infrastructure will be developed, how will the growth be visible? Friends, when I came to Gujarat in 2001-02, what was the situation here like? 40% expenditure was for development while 60% was wasted..! You must have read in newspapers that Modi organizes celebrations, he spends money, Modi does this, he does that… It is a question of everyone’s survival and progress and I am happy that I can play a part in it..! Friends, even silence can be sold, I could never think of it..! In our country even silence is being sold. When IPL match fixing episode was going on for a week, questions like, why is Modi silent..? Why isn’t he saying anything..? The silence was being sold..! Friends, no one else except me got this lucky chance..! Friends, what is the situation today? The Indian Government today is spending 65-70% money in unproductive causes, while in Gujarat we have reversed the situation, 65-70% money is being spent in developmental causes while only 30-35% is spend in salary, wages etc. All remaining money is dedicated to development..! You are accounting professionals, you know better where to invest..!
Friends, you people will be conducting company audits in future. On whom do investors trust in stock market..? The small investor invests all his savings, trusting whom..? Think about it Friends, when you make audit reports for someone, you are not just making a report, you are involved in a transaction against investor’s life with a trust..! If you made a mistake in balance sheet and people believed in it and invested in the company believing that company is growing, while in reality the company is sinking. Friends, the company does not sink, it’s the people who sink..! Friends, question your soul that its money of teachers, clerks, sometimes even peons… They invest all their life’s earnings to buy a few shares thinking that there is good news in the market, it is growing. Where does this good news come from, my friends, through you? The auditors decide if it’s correct or not. No one decides till he certifies. If people invest trusting the auditor, then what will happen? Some poor man’s daughter is to be married. He invests some money thinking that the market is growing; I will earn something in five years and will marry my daughter. But, if your audit report was faulty, the balance sheet was wrong, and when that poor man needed money he did not get anything. Think of his pain friends. Imagine his suffering. Who will be responsible for this pain and suffering friends? The company is at fault later, but at the first place, it is us, who did let this happen..! So Friends, this is not some casual task assigned to you, you are going to step in a role that the power of protecting the poorest man’s life is in your one signature..! So please understand the importance, the greatness of your job and lead your life taking responsibility of this greatness, decide your paths accordingly and then you will see my friends, the society will look up to you with great pride and honour that you feel throughout life..!
Friends, what is the reason that a job of this might, this greatness is not recognized in the society..? I want that the people of high orders in our society should think about it. If one is an industrialist in a town, he is recognized, a doctor is recognized, a lawyer is recognized, but life of a C.A. gets limited to a few companies, he is not recognized. We should try that these chartered accountants who serve the society in such many ways, take responsibility of the societal well being, there worth, importance should be communicated to the society, I feel like that, I believe in it. It is a great responsibility. Common man does not know what a CA does. It is limited only to corporate houses and corporate world. Such great power..! There are 7000 CAs in Ahemdabad. If only 700 lawyers take stand, the Government can turn upside down, you are 7000..! It is not a small strength, Friends..! The society should realize that such educated professionals are contributing what all to the society..! This disconnect needs to be bridged, I feel. You have everything, you are doing your jobs well, but you are doing it for common man, this message is not being communicated. Everyone does it, but we need to find a way, that the common man should feel that this institution has its own role, its own importance..! At a time, the commoner did not use to understand the importance of pathology labs, around 30 years back it was so. He is pathology doctor, okay let him be. But today, the importance of them has grown manifolds. Their importance is taken first and then of the doctor. You today are at what stage, and how the society realizes it, we need to work in that direction..!
Friends, I have one more expectation from you..! These days, even our audit is conducted daily. People at footpath, travelling in the bus, boarded on train, all are conducting our audit… What is this Modi doing, yaar..? We are audited every moment and at end of five years officially also. But today, this new line of NGOs, five star social activists has risen all of a sudden. There audit should be made mandatory, if they are spending the money in the right direction, for people’s benefit or not. There are also such charitable institutions on who even the slightest blot cannot exist, and they have operated spotlessly for years. But there are many, who are just an instrument. If donation is in dollars, this to be done, if in pound, that to be done..! A car was purchased, adjust it somewhere; adjust furniture and computer somewhere else. Some things always keep happening friends. This is a growing system in the society and we can’t deny it. But how can we improve accountability in it, how as an auditor, this should be minutely observed. This is why I say friends that if a common man’s business is demolished, people suffered losses, and then most of them will blame their lucks and will think that they invested at a wrong place..! But when a societal institution degrades, the entire societal system degrades; when one social organization is polluted, that pollutant is no later injected in the society itself..! Friends, I believe that you are at a place that the societal life is scheduled. Friends, this is good that are political parties are also audited. It should be done more strictly, because we need to correct the societal economy and it is only you people, who can do this..!
I had to come here in the morning, and I have come now..! I hope you are not angry, Friends..! All of a sudden, a programme was arranged with Abdul Kalam Ji, and it was important to be with him in the morning. Because of it, I requested my friends that If I can make up for it in the evening, and as they allowed me to, I am here amongst you.
Friends, as you are from this field, I would like to give you some information. What’s the pace of Gujarat’s development, how wide is it and how strongly rooted it is..! From Gujarat’s evolution till I came in, there have been 9 Five Year Plans. Under these nine plans, Rs. 55,000 crore has been spent. In the tenth Five Year Plan alone, it is Rs. 1,75,000 crore..! It is after I came..! In forty years 55,000 crores and in five years 1,75,000 crores..! And if I sum it all up it becomes 2,30,00 crores, which includes my five years as well. Friends, in the 11th Five Year Plan it has grown even more. And in the 12th plan, we are targeting almost 2,51,000 crores. And Friends, we have introduced no new taxes, but have just stopped the leakages. Now you analyze the strength of it..!
These days in your profession also the role of technology is growing very fast. And when the role of technology in your field is growing, then a new field will definitely evolve from this, I think, is Forensic Auditing..! Who made changes on computer, who manipulated the figures on electronic system..! Earlier, tampering used to be manual, so it was difficult. Now with computers, it is easy, but so is getting caught also..! And because of this a new science is evolving. We have started a Forensic Science University in Gujarat, the first of its kind in the world..! When I say all this, a particular group of liars starts shouting that Modi is lying. Forensic Science Department is here also, it’s there even..! I am again saying, it is not Forensic Science Department I am talking about, it is Forensic Science University. To this, they don’t give any answer..! Now you all would also must have understood, how many lies prevail here..! And Friends, Forensic Science also plays such an important role in the field of Chartered Accountant, and hence how to nurture it, how to cater it, all this we need to promote in our profession..!
Friends, today I have come here amongst such a huge base of youth. Raghu was just telling me, you have one million members across the country. Friends, if you have any suggestions, then you can directly get connected with me. I am available on Facebook, on Twitter, on YouTube and also on WhatsApp..! If you have any new idea in mind, which you feel that the Government should know, please do share it with me. You won’t get a bigger post office..! You get connected with me and you have 10 lakh members, I would definitely wish to connect with you all. Even I should know, what’s going on in the mind of the youth of the nation..! This can be a great use of technology, through which we can clearly and easily understand the changing flow of the world. I call you all today to come ahead, come with me, connect with me and share with me your thoughts, your opinions. If you have any suggestion for the country, for Gujarat, for policies of the state, the Government, share with me without any hesitation..!
Friends, if you have visited my website, there is a real good section in it. I don’t know whether anybody else would dare to do this or not. There is a section like citizen journalism in it. If you feel like writing an article, entire world will read it, and even if your thoughts are against me, then also the world will read it..! Already many do talk against me, one more is welcome..! So Friends, I invite you all. After this probably there is some entertainment programme for you, in a way, it probably has started from 6 pm already..! Thank you Friends, wish you all the best, thanks a lot..!