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. Mini Shaji Thomas , President, SICI (Chair)
- Ms. Neeta Prasad ,Joint Secretary , Department of Higher Education, Ministry of Education (MoE)
- Representative from Internal Finance Division, Ministry of Education (MoE)
- Director, SICI, and
- Finance Officer, SICI