Public Accounts Committee

Public Accounts Committee Latest News

Recently, the reconstituted Public Accounts Committee (PAC) convened and took up certain subjects for examination.

About Public Accounts Committee

• It is the oldest parliamentary committee in India which was established in 1921.
• It is constituted every year.
• The Chairperson is appointed by the Speaker from amongst its Members of Lok Sabha.
• The Speaker, for the first time, appointed a Member of the Opposition as the Chairperson of the Committee for 1967-68.
• Purpose: Audits the revenue and expenditure of the Government of India to ensure public funds are spent efficiently and legally.
• Functions of PAC
  • It examines the CAG audit report on government expenditure.
  • It ensures money sanctioned by Parliament is spent properly.
  • It investigates financial irregularities, losses, and inefficiencies in government spending.
• Membership

• • It consists of 22 members (15 from Lok Sabha, 7 from Rajya Sabha).
  • Chairperson: A Lok Sabha MP, traditionally from the Opposition.
  • Term: One year.
  • Ministers cannot be members of the PAC.

Source: TH

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