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<ul><li>Students of the Institute of Chartered Accountants of India (ICAI) aspiring to qualify for CA examination are protesting against May exam results. </li><li>The students took to Twitter to reveal the errors in the evaluation of examination papers, along with the hashtag #dearICAIpleasechange. </li><li>The students alleged that answer sheets have been evaluated incorrectly, deducting marks for correct answers. </li><li>Given that, the institute said that the November 2019 and May 2020 exam papers will undergo digital evaluation.</li></ul>Students of the Institute of Chartered Accountants of India (ICAI) aspiring to qualify CA examination have been<a href="https://www.hindustantimes.com/education/icai-protest-day-2-ca-aspirants-protest-at-200-branches-demand-right-to-revaluation-of-papers-watch/story-NqN3k42b8Nxerke6NHBygM.html"> protesting against the results</a>. The aspirants staged massive protest across 200 branches of the ICAI, demanding revaluation of the examination papers. They are protesting both online and offline. The students took to Twitter to reveal errors in the evaluation under the hashtag #dearICAIpleasechange. According to PTI, students alleged that answer sheets have been evaluated incorrectly, deducting marks for the correct answers as well. The students evaluated their own answers, based on the answer key released released by the institute. "They found that many of their correct answers had been marked as wrong and this way, many students flunked the papers. In some cases, even 12 marks have been deducted," CA Neeraj Arora, ICAI member <a href="https://www.news18.com/news/india/over-200-students-stage-protest-at-icai-claim-papers-not-evaluated-properly-2320029.html">told </a>PTI. The exam was conducted in May. Students accessed their answer copies via RTI (Right To Information) enquiries. Until 2018, the CA Act did not allow students to show the answer copies to any other person, which was scrapped after massive protests during that year. The students even want the institute to penalise examiners for the errors. In response to the student outrage, the institute had put out a notification clarifying that "It has been brought to our notice that certain adverse reports relating to the system of evaluation of answer books of CA exams are doing the rounds on social media." Given that, the institute has introduced changes in the evaluation process for the examinations scheduled for November 2019 and May 2020. The examination papers will now undergo digital evaluation to maintain transparency. It will also eliminate manual errors like totalling, variation in marks according to the examiner. In fact, the institute will also roll out OMR-based evaluation for MCQs of Elective Papers. This will keep the examination objective type, eliminating variations in the subjective answers. See also: <a href="https://www.businessinsider.in/mulea-magadh-university-students-protest-exam-delay-with-youtube-campaign/articleshow/68736600.cms">‘We have become zombies’, say helpless students at a 450,000-strong Indian university launching a YouTube protest against a broken system</a> <a href="https://www.businessinsider.in/mbbs-doctors-need-not-take-extra-exams-for-licences-pg-admissions/articleshow/70271392.cms">Now, MBBS doctors need not take extra exams for licences, PG admissions</a>

Hundreds of India's aspiring chartered accountants are furious and protesting on the streets

<ul><li>ICAI announced a special committee comprising of former presidents and educationists to oversee the examination process and governance. </li><li>The committee members include the acting secretary of ICAI Rakesh Sehgal, P C Jain, government nominee of ICAI Council, Justice Anil R Dave, Ved Jain, Amarjit Chopra, and Girish Ahuja. </li><li>The students have been protesting against wrong evaluation system of the institute, alleging that their answers were evaluated wrongly and marks were deducted from correct answers as well.</li></ul>Amid ongoing student protests, the Institute of Chartered Accountants of India (ICAI) announced a special committee to oversee the examination process and its governance. The committee will comprise of former presidents and educationists. The members include the acting secretary of ICAI Rakesh Sehgal, PC Jain, government nominee of ICAI Council; Justice Anil R Dave; Ved Jain, Amarjit Chopra, and Girish Ahuja, The Print <a href="https://theprint.in/india/ca-students-want-better-system-of-re-evaluation-icai-names-panel-to-fix-exam-process/297359/">reported</a>. This move came after over 1.2 million aspiring chartered accountants protested errors in evaluation of CA qualifying exam held in May. They are seeking a re-valuation of their papers and these protests have gathered steam in the social media as well. It decided to constitute a high-level independent committee to look into the regulations governing CA examinations including Regulation 39(4) of the Chartered Accountants Regulations, 1988 and suggest changes wherever required in the ICAI examination system,” <a href="https://www.financialexpress.com/education-2/icai-forms-committee-to-look-into-exam-process-after-student-protest/1718689/">said</a> ICAI president Prafulla Chhajed. The students have been protesting against wrong evaluation system of the institute, alleging that their answers were evaluated wrongly and marks were deducted from correct answers as well. The institute tried to assure the students saying that the examination process of ICAI has multiple layers for quality evaluation. “Even people who check the papers undergo tests. This is a temporary post, and what benefit am I to get by indulging in any of what the students are claiming,” Chhajed argued. According to the Regulation 39(4) of the <keyword id="6816621" type="UNKNOWN" weightage="20" keywordseo="Chartered-Accountants-Act-1949">Chartered Accountants Act, 1949</keyword>, students cannot seek re-valuation. They can only appeal for re-totalling of marks. The institute introduced changes in the evaluation process for the examinations scheduled for November 2019 and May 2020. The examination papers will now undergo digital evaluation for transparency. See also: <a href="https://www.businessinsider.in/ca-aspirants-want-icai-to-amend-regulation-that-allows-re-valuation/articleshow/71308772.cms">CA aspirants want ICAI to amend regulation that allows re-valuation</a> <a href="https://www.businessinsider.in/hundreds-of-indias-aspiring-chartered-accountants-are-furious-and-protesting-on-the-streets/articleshow/71286881.cms">Hundreds of India's aspiring chartered accountants are furious and protesting on the streets</a> <a href="https://www.businessinsider.in/rahul-gandhi-gets-a-rare-thumbs-up-from-twitter-for-supporting-ca-student-protest/articleshow/71304174.cms">Rahul Gandhi gets a rare thumbs up from Twitter for supporting CA student protest</a>

ICAI bows down to student protests and forms a high-level committee

<ul><li>The massive protest by the aspiring chartered accountants against the <keyword id="22866" type="ORGANIZATION" weightage="20" keywordseo="Institute-of-Chartered-Accountants-of-India">Institute of Chartered Accountants of India</keyword> (ICAI) has sparked outrage across social media. </li><li>The hashtags <keyword id="8150125" type="UNKNOWN" weightage="20" keywordseo="icaipresidentmissing">icaipresidentmissing</keyword> and <keyword id="8143492" type="UNKNOWN" weightage="20" keywordseo="dearICAIpleasechange">dearICAIpleasechange</keyword> have been trending on Twitter, given the nationwide protest. </li><li>And, political leaders like Rahul Gandhi backing up student protest has mounted pressure on the ICAI to address student concerns. </li><li>In response to the student outrage, ICAI tweeted out a revaluation of a student copy saying that the ICAI Examination Department has verified that correct marks.</li></ul>Thousands of chartered accountancy aspirants are protesting against the Institute of Chartered Accountants of India (ICAI) alleging wrong evaluation of CA examination held in May. Apart from thronging offices of ICAI in Delhi, Durgapur, Siliguri, Bhilwara, Hyderabad and Jaipur, the students along with others are calling for action on social media as well. Hashtags #icaipresidentmissing and #dearICAIpleasechange has been trending on Twitter. The students demanded a response from the ICAI president Prafulla Chhajed. The students allege that their answers were evaluated wrongly and marks were deducted from correct answers as well. While this error has occurred, fixing it is next to impossible. As per Regulation 39(4) of the <keyword id="6816621" type="UNKNOWN" weightage="20" keywordseo="Chartered-Accountants-Act-1949">Chartered Accountants Act, 1949</keyword>, students cannot seek re-valuation. They can only appeal for re-totalling of marks. The students are now asking for a change in the amendment as well. In response to the outrage, ICAI tweeted out a one revaluation of a student “The ICAI Examination Department has verified that correct marks i.e. 48 marks have been awarded to the student in connection with the answer book with code number 816578 of the Final Examination.” <div type="twitter" handle="theicai" handlename="ICAI" image="http://pbs.twimg.com/profile_images/484924214860726273/m5YtyQOh_normal.jpeg" favoritecount="336" retweetcount="162" status="@PrafullaCa @atulguptagst @RajeshSharmaBJP @AniketTalati @CaDayaniwas @CaDurgeshkabra @CAkemishaSoni @kdhiraj123… https://t.co/Hm9t2fX3d6" createdat="1569403708000" id="1176790561228906496"></div>

 “A section of the students led by agencies external to the Institute have been demonstrating outside the ICAI premises from 23rd September, 2019. In order to empathize the genuine concern, if any, of the students, they were given an opportunity to meet the officers and council members on 24th September, 2019 wherein more than ten representatives including ICAI members, non-members and students participated in the discussions,” the institute published on the website. “The representatives of agitators submitted that their only demand is to allow for provision of re-checking of answer books in the Chartered Accountancy examinations,” the institute <a href="https://www.icai.org/new_post.html?post_id=15994&amp;c_id=240">announce</a>d on its website, saying nothing of the regulation or re-valuation. An email sent to ICAI by Business Insider India did not elicit any response. See also: <a href="https://www.businessinsider.in/hundreds-of-indias-aspiring-chartered-accountants-are-furious-and-protesting-on-the-streets/articleshow/71286881.cms">Hundreds of India's aspiring chartered accountants are furious and protesting on the streets</a> <a href="https://www.businessinsider.in/rahul-gandhi-gets-a-rare-thumbs-up-from-twitter-for-supporting-ca-student-protest/articleshow/71304174.cms">Rahul Gandhi gets a rare thumbs up from Twitter for supporting CA student protest</a>

CA aspirants want ICAI to amend regulation that allows re-valuation

New Delhi, Nov 25 () The high-level committee set up by the Institute of Chartered Accountants of India (ICAI) will look into the suggestions made by various stakeholders, including students, on the examination process of CA, Parliament was informed on Monday.
 The committee was formed in September following protests from students who were demanding revaluation of their CA (chartered accountant) exam answer sheets.
 The panel, which met on October 7 and held deliberations, invited suggestions from students and other stakeholders on examination processes and changes including regulatory changes, if any required therein, Minister of State for Finance and Corporate Affairs Anurag Singh Thakur said in a written reply to Lok Sabha.
 Consequently, an online form was hosted on ICAI's website and stakeholders were requested to submit their suggestions in this regard by November 10, he added.
 "The suggestions so received are being compiled by ICAI and will be placed before the aforesaid high level committee for its consideration at its forthcoming meeting," Thakur added.
 The minister said that on receipt of the recommendations of the committee, it would be taken up for consideration by the examination council of ICAI.
 Issues such as bringing more transparency in the manner of declaration of results, disclosure of marking schemes followed by ICAI and removal of doubts regarding ICAI regulating the pass percentage are under deliberations by the committee.
 In a separate reply, the minister said that inclusion of ICAI members on the board of NFRA (National Financial Reporting Authority) will not create any conflict of interest situation.
 NFRA board has 13 members of which three members represent ICAI.
 Thakur said that the main functions will be performed by the executive body of NFRA and as such, no conflict of interest will be there.
 Separately, he said that the Companies (Auditors Report) Order 2016 has not been extended to private schools and hospitals built on concession land.
 Under the CARO, which was notified by the Corporate Affairs Ministry in March 2016, auditors need to touch upon a slew of factors in their reports, such as whether a company is maintaining proper records showing full particulars, including quantitative details and situation of fixed assets. SP
RVK

ICAI committee to look into suggestions received on CA exam process

<ul><li>Students of India’s premier <keyword id="58265" type="ORGANIZATION" weightage="20" keywordseo="Jawaharlal-Nehru-University">Jawaharlal Nehru University</keyword> (JNU) have taken to the streets, holding placards to protest against massive fee hike, dress code restrictions and hostel curfews. </li><li>The institute’s administration hiked the hostel, mess and security fee by close to 400%. </li><li>The student body called for a boycott of the convocation and demanded the rollback of the hostel draft manual and fee hike proposed by the administration.</li></ul>Hundreds of Jawaharlal Nehru University (JNU) students have taken to the streets, holding placards in protest. They are rallying against a fee hike, dress code and hostel curfews that the top university has now mandated. According to the student union, the institute raised the hostel, mess and security fee by a massive 400%. 
 <div type="image" title="f4850216a400b457b5e4b50950b352ba" msid="72021211" hostid="261" caption="&amp;lt;p&amp;gt;Students stage protest, demanding to roll back fee hike announced by the administration.&amp;lt;/p&amp;gt;"></div>



 The university administration <a href="https://www.news18.com/news/india/jnu-students-say-academic-emergency-at-varsity-demand-vcs-removal-as-teachers-extend-support-2382953.html">hiked</a> the hostel mess security fee from ₹5,500 to ₹12,000, adding a service charge worth ₹1,700. It also increased the charges of a single room from ₹20 to ₹600 per month and to ₹300 for a double bed room which is to be shared. That accounts for an annual fee hike of almost ₹3,000 per student. That is a pain point for university students where “majority of students come from the most marginalized backgrounds in this country,” News18 <a href="https://www.news18.com/news/india/jnu-students-say-academic-emergency-at-varsity-demand-vcs-removal-as-teachers-extend-support-2382953.html">reported</a>. Added to this, hostel curfews and a dress code also did not resonate well with the students. The protest coincides with the institute’s third convocation ceremony. The student body called for a boycott as they demand a rollback of the rules and the fee hike. They also intend to marching towards the All India Council for Technical Education (AICTE) in Vasant Kunj, Delhi. Delhi police used water cannons to disperse the students as they tried to cross the barricades to meet the vice chancellor M Jagadesh Kumar. The VC repeatedly rejected the request to meet and discuss the issues. 
 <div type="image" title="JNU1" msid="72021244" hostid="261" caption="&amp;lt;p&amp;gt;Students crossing barricades and security imposed by the Delhi police.&amp;lt;/p&amp;gt;"></div>



 "While we were paying ₹2,500 a month earlier, we will now have to pay ₹7,000. We are compelled to protest because our issues have not been addressed,” JNU students <a href="https://www.ndtv.com/delhi-news/protest-breaks-out-at-jnu-over-fee-hike-on-convocation-day-2130632">told</a> NDTV. Union Human Resource Development Minister Ramesh Pokhriyal 'Nishank' met the students and reassured them. See also: <a href="https://www.businessinsider.in/rajmal-meena-jnu-guard-help-from-neo-stencil-to-become-ias/articleshow/70275974.cms">Meet Rajmal Meena, a security guard from JNU who cleared university’s entrance examination, and is now aiming to become an IAS officer</a> <a href="https://www.businessinsider.in/ca-aspirants-want-icai-to-amend-regulation-that-allows-re-valuation/articleshow/71308772.cms">CA aspirants want ICAI to amend regulation that allows re-valuation</a> <a href="https://www.businessinsider.in/hundreds-of-indias-aspiring-chartered-accountants-are-furious-and-protesting-on-the-streets/articleshow/71286881.cms">Hundreds of India's aspiring chartered accountants are furious and protesting on the streets</a>

JNU administration hikes the hostel, mess and security fee by close to 400%

<ul><li>Jawaharlal Nehru University (JNU) administration partially rolled back the hostel fee that it had hiked. </li><li>According to the revised fee structure, the charges of a single room have been reduced to ₹200 per month against ₹600 proposed earlier and ₹100 for a shared double room against ₹300. </li><li>However, the student union has called the move a ‘trap’ as they continue to protest. </li></ul> After days of massive student protest, the Jawaharlal Nehru University (JNU) administration partially rolled back the hostel fee hikes. R Subrahmanyam, secretary of the Ministry of Human Resource and Development (MHRD) confirmed the same on Twitter. <div type="twitter" handle="subrahyd" handlename="R. Subrahmanyam" image="http://pbs.twimg.com/profile_images/1028304137820098561/HeLLqqV__normal.jpg" favoritecount="604" retweetcount="237" status="#JNU Executive Committee announces major roll-back in the hostel fee and other stipulations. Also proposes a scheme… https://t.co/2P31WDNShM" createdat="1573642824000" id="1194570703174918144"></div>

 According to the revised fee structure, the charges of a single room have been reduced to ₹200 per month against ₹600 proposed earlier and ₹100 for a shared double room against ₹300. The old charges for single and double rooms were ₹20 and ₹10, respectively. The move comes in the back of the ongoing protests by university students who were rallying against the fee hike, dress code and hostel curfews that the top university has now mandated. However, the student union has called the move a ‘trap’ and they continue to protest. The university administration had <a href="https://www.news18.com/news/india/jnu-students-say-academic-emergency-at-varsity-demand-vcs-removal-as-teachers-extend-support-2382953.html">hiked</a> the hostel mess security fee from ₹5,500 to ₹12,000, adding a service charge worth ₹1,700. Added to this, hostel curfews and a dress code also did not resonate well with the students. The university mandated 11 pm as a curfew for hostel students. "While we were paying ₹2,500 a month earlier, we will now have to pay ₹7,000. We are compelled to protest because our issues have not been addressed,” JNU students <a href="https://www.ndtv.com/delhi-news/protest-breaks-out-at-jnu-over-fee-hike-on-convocation-day-2130632">told</a> NDTV. The protest also coincided with the institute’s third convocation ceremony. The student body called for a boycott as they demanded a complete rollback. See also: <a href="https://www.businessinsider.in/rajmal-meena-jnu-guard-help-from-neo-stencil-to-become-ias/articleshow/70275974.cms">Meet Rajmal Meena, a security guard from JNU who cleared university’s entrance examination, and is now aiming to become an IAS officer</a> <a href="https://www.businessinsider.in/ca-aspirants-want-icai-to-amend-regulation-that-allows-re-valuation/articleshow/71308772.cms">CA aspirants want ICAI to amend regulation that allows re-valuation</a> <a href="https://www.businessinsider.in/hundreds-of-indias-aspiring-chartered-accountants-are-furious-and-protesting-on-the-streets/articleshow/71286881.cms">Hundreds of India's aspiring chartered accountants are furious and protesting on the streets</a>

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Hundreds of India's aspiring chartered accountants are furious and protesting on the streets

Prerna Sindwani

ICAI bows down to student protests and forms a high-level committee

Prerna Sindwani

CA aspirants want ICAI to amend regulation that allows re-valuation

Prerna Sindwani

ICAI committee to look into suggestions received on CA exam process

PTI

JNU administration hikes the hostel, mess and security fee by close to 400%

Prerna Sindwani

JNU announces a partial rollback in hostel fee hikes amid massive protests

Prerna Sindwani

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