The union government has decided to re-constitute the parliament’s Public Accounts Committee (PAC). Three BJP members in the outgoing panel is likely to be dropped. Senior leaders SS Ahluvalia, former Uttarakhand chief minister Ramesh Pokhriyal Nishank and Rajastan chief minister Vasundara Raje’s son Dushyant Singh will not be there in the newly constituted committee, sources said. KV Thomas, who was food minister in the UPA government will get a third consecutive term as PAC chairman.
The term of the current committee has ended on April 30. The new committee’s notification is likely to come out in the next few days.
PAC comprising of 15 members from Lok Sabha and 7 from Rajya Sabha audits the revenue and the expenditure of the government. Usually a member from the opposition chairs the panel.
PAC has recently suo moto decided to examine the Non Performing Assets of public sector banks. It has asked the bank chiefs to submit details to the committee, after it is reconstituted.
Similarly, it has submitted a report to Lok Sabha Speaker and says that Comptroller and Auditor – General should be accountable to Parliament and there should be a “stringent monitoring mechanism” for effective implementation of the PAC recommendations.