PUBLIC ACCOUNTS COMMITTEE

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Relevance: The Hindu

The Committee on Public Accounts was first set up in 1921 in the wake of theMontague Chelmsford Reforms. The Finance Member of the Executive Council used to be the Chairman of the Committee. This position continued right up to 1949.

The Committee on Public Accounts underwent a radical change with the coming into force of the Constitution of India on 26 January, 1950. The Minister of Finance ceased to be a Member of the Committee vide Rule 309(i) of the Rules of Procedure and Conduct of Business in Lok Sabha.  

The Public Accounts Committee is constituted every year under Rule 308 of the Rules of Procedure and Conduct of Business in Lok Sabha. 

The Public Accounts Committee consists of not more than 22 members comprising of 15 members elected by Lok Sabha every year from amongst its members according to the principle of proportional representation by means of single transferable vote and not more than 7 members of Rajya Sabha elected by that House in like manner. 

The functions of the Committee, as enshrined in Rule 308(1) of the Rules of Procedure and Conduct of Business in Lok Sabha, include examination of accounts showing the appropriation of sums granted by Parliament for the expenditure of the Government of India, the annual finance accounts of the Government and such other accounts laid before the House as the Committee may think fit.

  1. Wikipedia
  2. Sansad.in

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