Institute of Chartered Accountants of India (ICAI) will soon start its own coaching classes for CA aspirants.

"We shall soon be offering coaching facility in the country to the students at almost one third of fee charged by other private coaching institutes," ICAI president Amarjit Chopra told reporters here today.

The plan is in place and it can be launched anytime now. The coaching classes will be run either through the network of virtual or physical classrooms, Chopra said.

ICAI, which regulates the profession of CAs, has a network of 127 branches and five regional centres. The apex body plans to use the network for conducting coaching classes.

"We shall make use of all our branches and five regional headquarters in New Delhi, Mumbai, Chennai, Kolkata and Kanpur, to start offering coaching classes," Chopra said.

"We will facilitate more virtual classrooms where students can access lectures on varied subjects by renowned faculty as well as download revisionary test papers.The institute is in the process of signing an MoU with the Centre of Excellence Research and Training(CERT), Abu Dhabi, to start an accounting technician institute," he said.

"Recently, a joint delegation of ministry of corporate affairs headed by Union Minister Salman Khurshid and ICAI visited Dubai, Abu Dhabi and Muscat to explore possibilities of starting this type of centre," he said.