The Public Accounts Committee (PAC) is one of the standing committees of the Parliament. The PAC is responsible for examining the audit reports of the Comptroller and Auditor General (CAG) and scrutinizing the expenditure of the government. Let’s take a closer look at the role and benefits of the Public Accounts Committee in India.
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Role of the Public Accounts Committee in India
The primary role of the PAC in India is to examine the report of the CAG and hold the government accountable for the use of public funds. The committee scrutinizes the government’s financial statements and reports and ensures that the money allocated to various departments is being used efficiently and effectively. The PAC also examines the cases of losses, wastage, and inefficiency in government expenditure.
The committee is empowered to summon witnesses and demand documents from government departments and ministries to get a better understanding of the government’s financial transactions. The PAC can make recommendations to the government on measures to improve the efficiency and transparency of government spending.
Benefits of the Public Accounts Committee in India
The PAC plays a crucial role in ensuring accountability and transparency in government spending. By scrutinizing the government’s expenditure, the committee ensures that public funds are being used in the best interest of the citizens of the country. The committee’s recommendations can lead to improved financial management and accountability in government departments and ministries.
The PAC also helps in improving the efficiency of government spending. By identifying areas of wastage and inefficiency, the committee can recommend measures to reduce wastage and improve the utilization of public funds. This can lead to better services and facilities for citizens and improved economic growth.
Conclusion
In conclusion, the Public Accounts Committee is an important committee of the Parliament in India. The committee plays a crucial role in ensuring accountability, transparency, and efficiency in government spending. The PAC’s recommendations can lead to improved financial management and better utilization of public funds, resulting in better services and facilities for citizens and improved economic growth.
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