What is the main function of the Public Accounts Committee in the Indi...
The main function of the Public Accounts Committee in the Indian Parliament is to ensure regularity and economy in government expenditure.
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What is the main function of the Public Accounts Committee in the Indi...
Role of the Public Accounts Committee
The Public Accounts Committee (PAC) plays a vital role in ensuring accountability and transparency in government expenditure. This committee is a crucial part of the parliamentary framework in India.
Main Function: Ensuring Regularity and Economy in Expenditure
- The primary function of the PAC is to examine the accounts of the government and ensure that public funds are utilized efficiently and in accordance with the law.
- It assesses the expenditure incurred by the government and checks whether the funds were spent for the intended purposes.
- By scrutinizing the reports of the Comptroller and Auditor General (CAG), the PAC ensures that taxpayers’ money is not misused or wasted.
Key Responsibilities
- The PAC reviews the Annual Audit Reports submitted by the CAG, focusing on financial irregularities and lapses in the execution of government schemes.
- It recommends measures to improve financial management and enhance accountability within various government departments.
- The committee emphasizes “economy” in expenditure, which means promoting cost-effective spending practices.
Significance of the PAC
- The PAC strengthens democratic governance by holding the executive accountable to the legislature.
- It fosters a culture of financial discipline and responsibility within the government.
- By ensuring transparency, the PAC enhances public trust in governmental financial operations.
In summary, the Public Accounts Committee is pivotal in safeguarding public funds and promoting fiscal responsibility, making it an essential component of parliamentary oversight in India.