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PAC members oppose Air India divestment

PAC members oppose Air India divestment

Approved by the previous UPA regime in 2012, the turnaround plan provides for equity infusion of Rs 30,231 crore up to 2021 into Air India subject to the carrier achieving certain milestones.

PAC asks Defence Ministry to share all missing Bofors files

The Public Accounts Committee has asked the Defence Ministry to trace and share with it all missing files related to the Bofors scandal.

CWG scam: Manmohan Singh PMO passed the buck, says PAC

CWG scam: Manmohan Singh PMO passed the buck, says PAC

In the wake of the CAG report, the PAC has asked the Central Bureau of Investigation to launch fresh probe into cases of alleged corruption that were closed by the agency.

Report on demonetisation's impact next month: Parl panel

Report on demonetisation's impact next month: Parl panel

A key Parliamentary panel is likely to submit its report on the impact of demonetisation next month after reviewing various submissions, including by RBI Governor Urjit Patel.

RBI says doesn't know exact number of scrapped notes

RBI says doesn't know exact number of scrapped notes

More than 72 days after demonetisation, the Reserve Bank of India (RBI) has said it still does not know the "exact number" of junked currency notes that were in circulation and it is still "reconciling" the number of notes that were deposited back.

Working to reduce transaction cost on online payments: RBI to PAC

Working to reduce transaction cost on online payments: RBI to PAC

RBI on Friday informed a parliamentary panel that it is working on a mechanism to bring down transaction cost on online payments even as the meeting was stalled for a while as BJP members protested Chairman K V Thomas' statement on demonetisation.

Cash flow to normalise soon: Urjit Patel

Cash flow to normalise soon: Urjit Patel

Reserve Bank of India Governor Urjit Patel on Friday is learnt to have said that cash flow in the country will normalise soon.

Demonetisation row: After BJP's objections, PAC says PM Narendra Modi will not be summoned on notes ban

Demonetisation row: After BJP's objections, PAC says PM Narendra Modi will not be summoned on notes ban

Virtually rejecting its Chairman K V Thomas' view, the Public Accounts Committee of Parliament Friday decided that the Prime Minister will not be called before it after BJP members strongly objected to the Congress leader's remarks that he may be asked to appear over the demonetisation issue.

PAC mulling whether hearings can be opened to media: Thomas

A sub-committee of Parliament's Public Accounts Committee (PAC) is studying whether the proceedings of the key panel should be opened for media to "ensure more transparency" in its functioning.

House panel may summon PM Modi on note ban issue and ask these questions

House panel may summon PM Modi on note ban issue and ask these questions

Prime Minister Narendra Modi may have to meet the Public Accounts Committee (PAC) of Parliament on the issue of demonetisation if the panel decides that the explanations given by top finance ministry officials and the RBI Governor Urjit Patel are are inadequate.

Parliamentary committee to question RBI governor Urjit Patel on cash crunch

Parliamentary committee to question RBI governor Urjit Patel on cash crunch

A parliamentary committee, probing the government`s decision to scrap high-value bank notes, has sent the country`s central bank governor a list of questions on the demonetisation process and asked him to appear before it on January 20.

PAC takes up CAG report on AgustaWestland issue

Public Accounts Committee (PAC), headed by Congress member KV Thomas, has taken up the CAG report on the contentious AgustaWestland issue apart from going into over half-a-dozen other defence-related issues.

BJP drops Ahluwalia from PAC, Congress in minority in key panel

BJP drops Ahluwalia from PAC, Congress in minority in key panel

Congress will be in minority in the 22-member panel (15 from Lok Sabha, 7 from Rajys Sabha) whose composition is decided by respective strength of the parties in both houses of parliament.

Shillong Airport project: PAC summons Meghalaya CS, state officials

The committee has summoned Chief Secretary Kropha, Deputy Ri-Bhoi district Deputy Commissioner Pooja Pande besides top officials from the departments of Revenue, Transport and PWD (Building).

Public Accounts Committee of Parliament to take up AgustaWestland issue

Public Accounts Committee of Parliament to take up AgustaWestland issue

Public Accounts Committee of Parliament headed by senior Congress leader K V Thomas, which was reconstituted this week, is likely to take up the contentious AgustaWestland case, an issue which has created a political firestorm both within and outside Parliament.

Parliamentary panel to study fire mishaps in rail coaches

Short circuit, poor maintenance and lack of awareness are major reasons of fire in trains, the Comptroller and Auditor General has said in its report on Railways.

PAC to submit its report on 2G scam

The 2G radiowave allocation scam is set to hog the limelight again as Public Accounts Committee has decided to submit its report on the controversial issue to Parliament based on the "in depth" discussions held by the panel then headed by Murli Manohar Joshi.

Parl panel seeks blueprint for advanced railway e-ticketing system

A parliamentary committee has asked the Railways to submit a blueprint for its plan to implement the new generation advanced e-ticketing system under which seven lakh tickets could be booked per day.

Rs 8,900 cr in taxes pending against LIC, SBI, BSNL: Panel

Pulling up Revenue Department for its "inefficiency" in tax recovery, a Parliamentary panel has said that nearly Rs 8,900 crore is pending against just three public sector companies, LIC, SBI and BSNL.

PAC slams ONGC on royalty issue in Assam

The Public Accounts Committee of Assam Legislative Assembly has slammed energy major ONGC for anomalies in royalty payment for four years from 2004-05 and asked the concerned department to recover the dues.