India wants a $30 trillion economy by 2047. One small institute in Manesar, Haryana, has spent 18 years training the people meant to keep corporate India honest along the way.
Indian Polity · Polity0219
IICA
India’s think-tank for corporate governance and ESG
12 Sep 2008
The Indian Institute of Corporate Affairs (IICA) is registered as a society, under the Ministry of Corporate Affairs.
HQ
IICA is headquartered at IMT Manesar, Gurugram, Haryana.
Ongoing
IICA trains Indian Corporate Law Service (ICLS) officers, both at induction and in-service.
15-16 Jul 2026
IICA’s School of Business Environment hosts NCRBC 2026, its 4th annual conference, in New Delhi.
Compliance to competitive edge
NCRBC 2026’s theme, “ESG-led Transformation for Viksit Bharat,” argued that ESG must move past a compliance checkbox and become part of how India actually competes economically by 2047.
Timeline
- 12 September 2008: IICA is registered as a society under the Societies Registration Act, 1860.
- Headquarters: IMT Manesar, Gurugram, Haryana.
- 15-16 July 2026: IICA hosts NCRBC 2026, the 4th National Conference on Responsible Business Conduct, in New Delhi.
Must Know
- The Indian Institute of Corporate Affairs (IICA) is an autonomous institution under the Ministry of Corporate Affairs.
- It was registered as a society on 12 September 2008, and is headquartered at IMT Manesar, Gurugram, Haryana.
- IICA functions as a think-tank, capacity-building body, and service-delivery institute for corporate regulation, governance, and sustainable business.
- IICA delivers induction and in-service training to Indian Corporate Law Service (ICLS) officers.
- On 15-16 July 2026, IICA’s School of Business Environment (SBE) hosted NCRBC 2026 in New Delhi. This was the 4th edition of its National Conference on Responsible Business Conduct.
- NCRBC 2026’s theme was “ESG-led Transformation for Viksit Bharat.”
Good to Know
- NCRBC 2026 argued that India’s aspiration to become a $30 trillion economy by 2047 needs a shift in ESG’s role. Environmental, Social, and Governance principles must move beyond regulatory compliance.
- The conference’s Lead Partners included UNICEF, Partners in Change, and ACCA (Association of Chartered Certified Accountants).
- Associate Partners included the Institute of Chartered Accountants of India (ICAI) and the Global Alliance for Improved Nutrition (GAIN).
- Session Partners included UN Women, CEEW, WRI India, and the International Labour Organisation (ILO).
- IICA also carries out policy advisory functions, and public outreach through seminars, conferences, and stakeholder forums.
- The conference aimed to build actionable pathways for embedding ESG as a core pillar of India’s growth strategy toward Viksit Bharat by 2047.
Current Affairs
- On 21 July 2026, IICA inaugurated the eighth batch of its Post Graduate Insolvency Programme (PGIP), for the 2026-28 session. (Source: PIB)
- The programme fast-tracks registration as an Insolvency Professional, waiving the usual 10-year experience requirement. (Source: PIB)
- Former Supreme Court judge Justice Ashok Bhushan, and IBBI Chairperson Ravi Mittal, attended the inauguration. (Source: PIB)
- The eighth batch adds new emphasis on AI-enabled learning, financial modelling, and structured finance. (Source: PIB)
Test Yourself
Great to Know
- IICA’s mandate connects directly to Ethics0029 — Corporate Governance and Business Ethics. IICA is the institution that actually trains officers and runs outreach on the ideas that article covers conceptually.
- Training ICLS officers gives IICA a dual role. It is both a think-tank shaping corporate policy ideas, and a civil-service training body producing the officers who enforce them.
- NCRBC’s growing partner list spans UN agencies, professional bodies, and industry groups. That range shows “responsible business conduct” in India is no longer treated as a narrow compliance topic.
- An 18-year-old institute hosting only its 4th national conference on ESG tells its own story. ESG became a formal governance priority fairly recently, even though the institute itself predates the term’s popularity.
Beyond the answer
Browse all indian-polity-and-constitution topics →
📚 Keep reading
Which of the following Acts, receiving presidential assent on 24 December 2023, replaced the Indian Telegraph Act 1885, the Wireless Telegraphy Act 1933 and the Telegraph Wires (Unlawful Possession) Act 1950?Under Article 61 of the Constitution, by what majority must the resolution preferring the charge of impeachment against the President be passed in each House of Parliament?Which Article of the Constitution provides that it shall be the endeavour of every State to provide adequate facilities for instruction in the mother tongue at the primary stage to children belonging to linguistic minority groups?In which situation can a State Governor issue an ordinance under Article 213 of the Constitution?Consider the following statements: Statement-I: While the Union Government may borrow inside and outside the country within limits fixed by Parliament (Article 292), States are mandated under Article 293 to borrow only inside the country. Statement-II: The Public Debt of India includes only the internal and external liabilities of the Central Government. Which is correct?❓ Practice this topic
🎲 Take a Indian Polity And Constitution Quiz
Leave a Reply