India News | Parliament Public Accounts Committee to Meet at 3:00 Pm Today
Get latest articles and stories on India at LatestLY. The Parliamentary Public Accounts Committee (PAC), chaired by Congress MP K.C. Venugopal, will meet at 3:00 pm at the Extended Parliament House Annexe (EPHA) on Thursday.
New Delhi [India], August 6 (ANI): The Parliamentary Public Accounts Committee (PAC), chaired by Congress MP K.C. Venugopal, will meet at 3:00 pm at the Extended Parliament House Annexe (EPHA) on Thursday.
The panel will take up detailed briefings and oral evidence from Ministry of Defence officials regarding the functioning of defence accounts and the management of military hospitals based on recent C&AG findings.
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The committee will also review draft reports concerning small arms production in ordnance factories and government action taken on previous observations regarding the loss of revenue from casual occupation and service charges.
Concurrently, the Parliamentary Standing Committee on Finance will also convene at Samvidhan Sadan today at 3:00 pm. Chaired by BJP MP Bhartruhari Mahtab, the finance panel is scheduled to consider draft action taken reports and hold discussions with the Chief Economic Adviser and Ministry of Finance officials, focusing on a review of long-term public finances and debt levels for both the Centre and states.
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Ahead of the meeting, the Parliamentary Standing Committee on Finance on July 23 recommended a clearer division of regulatory responsibilities between the Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI), saying the proposed Securities Markets Code, 2025 should clearly define which regulator oversees which activities to avoid overlap and regulatory uncertainty.
Earlier, the Public Accounts Committee (PAC) of Parliament met at 11:00 AM on July 2 at Parliament House Annexe to review the implementation of centrally sponsored welfare schemes.
The agenda included a briefing by the Audit, followed by oral evidence from representatives from the Ministry of Education, Department of School Education and Literacy, and Department of Higher Education on the subject "Review of implementation of centrally sponsored welfare schemes".
The committee examined the implementation of centrally sponsored welfare schemes and their effectiveness across various levels. (ANI)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)