• Lok Sabha Speaker Om Birla has invited the Chairman of Pakistan’s Senate, Muhammad Sadiq Sanjrani, to attend the centennial celebration of the creation of the Public Accounts Committee (PAC) of Parliament. The invite has not been confirmed by the Ministry of External Affairs yet.
• The PAC is the oldest parliamentary committee in the Indian legislative affairs and has been crucial in upholding the principle of accountability as it exercises oversight of public expenditure.
• The Committee on Public Accounts is constituted by Parliament each year for examination of
1. accounts showing the appropriation of sums granted by Parliament for expenditure of Government of India,
2. the annual Finance Accounts of Government of India, and
3. such other accounts laid before Parliament as the Committee may deem fit such as accounts of autonomous and semi-autonomous bodies (except those of Public Undertakings and Government Companies which come under the purview of the Committee on Public Undertakings).
• The Committee on Public Accounts is the oldest Parliamentary Committee and was first constituted in 1921.
• The Committee consists of 22 Members, 15 Members are elected by Lok Sabha and 7 Members of the Rajya Sabha are associated with it.
• The Speaker is empowered to appoint the Chairman of the Committee from amongst its Members.
Mains Paper 2: Polity
Prelims level: Public Accounts Committee of Parliament
Mains level: About the committee and its function