The Indian Administrative Committee, however, was abolished and a new Finance and Audit Committee was created by the Council to look after the financial matters of the Institute.
The five members of the newly constituted Finance & Audit Committee are as follows:
- Prof. Faizan Mustafa, Vice-President/President Elect , SICI (Chair)
- Shri Rakesh Ranjan, Joint Secretary (ICC), Department of Higher Education, MHRD
- Representative from Internal Finance Division, MHRD
- Director, SICI, and
- Finance Officer, SICI