Vice-President Radhakrishnan emphasizes good governance at ICSI foundation day

On October 4, 2026, Vice-President Shri C. P. Radhakrishnan delivered a significant address at the 58th Foundation Day celebrations of the Institute of Company Secretaries of India (ICSI), held at Bharat Mandapam in New Delhi. He underscored that good governance represents the 'invisible infrastructure' necessary for fostering both investor confidence and public trust, according to a release from the Press Information Bureau (PIB) that was time-stamped on the day of the event [1].

Radhakrishnan's comments were reported by various media outlets, including Business Standard and All India Radio (AIR), confirming the nature and details of his address. Business Standard noted that the Vice-President cautioned against the erosion of trust, transparency, and robust corporate governance, which are essential to maintaining investor confidence [2].

During his speech, Radhakrishnan argued that the nation's progress hinges on winning the trust and confidence of investors, emphasizing the crucial role that governance plays in the economic landscape of India. He stated, 'The nation cannot progress without winning investor trust and confidence,' reinforcing the need for integrity and accountability within corporate structures [2].

The term 'invisible infrastructure' not only featured prominently in Radhakrishnan's remarks but was also highlighted in PIB's communication, illustrating a key takeaway from the event. He further explained that strong institutions and effective governance should be regarded as equally vital as physical and digital infrastructure in achieving a 'Viksit Bharat' or developed India [1].

In addition to his focus on governance, Radhakrishnan launched the MSME Compliance Calendar 2027 during the event, acknowledging the significant efforts made by ICSI to assist Micro, Small, and Medium Enterprises (MSMEs) and start-ups. He expressed ambition for India to emerge as the world's largest economy, asserting that such a position would empower the nation with the strength to refuse imposed conditions by external entities [1].

Radhakrishnan's advocacy for improved governance standards comes in the context of advancing technologies. He noted that as artificial intelligence, advanced data analytics, and complex business models evolve, so too must the standards of governance that underpin them, pointing to a future where governance must be as advanced as the technologies it seeks to regulate [1].

The event, characterized by a rich dialogue on governance and economic aspirations, showcased the Vice-President’s commitment to strengthening India's institutional framework. His remarks resonate with ongoing discussions about the importance of transparency and accountability in nurturing a robust investment climate essential for national growth [2].

The convergence of Radhakrishnan's insights on governance and the initiatives launched during the ICSI celebration outlines a broader vision for India's economic future, highlighting that while technology may facilitate corporate operations, the bedrock remains the integrity and accountability of human governance [1].

Sources

• [1] Press Release: Press Information Bureau
• [2] Corporate agility, stronger governance vital amid changing landscape: VP | India News - Business Standard

Researched and edited with AI assistance.

Featured image: AI-generated representative image.