Public Accounts Committee

Timelines
BJP blocks Parliament panel review of PM-CARES Fund

11 Jul 2020

BJP blocks Parliament panel review of PM-CARES Fund

The Centre's response to the coronavirus pandemic and the PM-CARES Fund will most likely not be scrutinized by the Public Accounts Committee (PAC) as Bharatiya Janata Party (BJP) blocked a move regarding the same on Friday.

#RafaleDeal: Former ministers call for review of SC's decision

02 Jan 2019

#RafaleDeal: Former ministers call for review of SC's decision

Half a month after the Supreme Court gave a clean chit to the government on the controversial Rafale deal, former ministers Arun Shourie and Yashwant Sinha, along with activist lawyer Prashant Bhushan, have requested the apex court for a review of its decision.

Won't let PM sleep until all agricultural loans waived: RaGa

18 Dec 2018

Won't let PM sleep until all agricultural loans waived: RaGa

Addressing India's distressed farmers directly from Parliament, Congress president Rahul Gandhi said today he will not let PM Narendra Modi sleep until all farm loans have been waived.

#RafaleDeal: Clean chit backfires; Opposition says Centre lied to SC

15 Dec 2018

#RafaleDeal: Clean chit backfires; Opposition says Centre lied to SC

The Supreme Court, on Friday, had given the Centre a clean chit, dismissing a batch of petitions calling for a court-monitored probe into the Rafale deal.

Bofors scam: Supreme Court refuses to entertain CBI's plea

02 Nov 2018

Bofors scam: Supreme Court refuses to entertain CBI's plea

The Supreme Court on Friday refused to entertain a plea filed by CBI in the Bofors scam.

Monthly Rs. 200-250cr deficit leaves Air India's aircraft lying unutilized

23 Apr 2018

Monthly Rs. 200-250cr deficit leaves Air India's aircraft lying unutilized

Air India is in bad shape. The airline, which faces debts of Rs. 48,876cr, has seen a monthly cash deficit of Rs. 200-250cr, which has left it unable to purchase much-needed spares.

Manohar Parrikar, the first IITian to become CM, turns 62

13 Dec 2017

Manohar Parrikar, the first IITian to become CM, turns 62

Incumbent Goa CM, Manohar Parrikar is often described as an RSS pracharak, IITian, hard taskmaster and Modi's confidante.

Jyotiraditya Scindia to become leader of Congress in Lok Sabha

11 May 2017

Jyotiraditya Scindia to become leader of Congress in Lok Sabha

Attempting to recover from a glaring losses from the recent state assembly polls, the Indian National Congress has been rethinking its strategy.

Female foeticide: Doctors recommend making sex determination tests mandatory!

24 Apr 2017

Female foeticide: Doctors recommend making sex determination tests mandatory!

In a surprising move, doctors in India have proposed a unique way to check female foeticide: make the currently-illegal sex determination tests mandatory.

CWG Scam: Manmohan Singh PMO recommended Kalmadi's appointment, says PAC

11 Apr 2017

CWG Scam: Manmohan Singh PMO recommended Kalmadi's appointment, says PAC

Criticizing the Manmohan Singh PMO, the Public Accounts Committee (PAC) has adopted the politically controversial 2010 Commonwealth Games (CWG) report.

Female foeticide: How can sex determination help combat menace?

08 Apr 2017

Female foeticide: How can sex determination help combat menace?

The Public Accounts Committee of Maharashtra Assembly has, in a radical suggestion, recommended making sex-determination tests compulsory as a measure to combat female foeticides.

Corporates account for significantly higher NPAs than farmers

31 Mar 2017

Corporates account for significantly higher NPAs than farmers

Indian banks have an estimated Rs. 6.8 lakh crore worth of Non-Performing Assets (NPAs), according to the Public Accounts Committee of the Parliament.

Two arrested in Malda with fake currency worth Rs. 2.92L

06 Mar 2017

Two arrested in Malda with fake currency worth Rs. 2.92L

Police arrested two Malda residents and seized fake Rs. 2,000 notes worth Rs. 2.92L from them.

Malda, the biggest hub of fake Indian notes

03 Mar 2017

Malda, the biggest hub of fake Indian notes

There have been six seizures of Fake Indian Currency Notes (FICN) in West Bengal's Malda district till February, with the biggest recovery (100 notes of Rs. 2,000) on February 15.

Demonetization: Bankers threaten to go on a nationwide strike

21 Jan 2017

Demonetization: Bankers threaten to go on a nationwide strike

Certain bank trade unions have intimidated that they would go on a nationwide, day-long strike on 7th February.

Former PM MMS comes to Urjit Patel's aid

19 Jan 2017

Former PM MMS comes to Urjit Patel's aid

Former PM Manmohan Singh came to the aid of RBI governor Urjit Patel amidst the heated debate on demonetization, saying he is not obligated to respond to queries on lifting banking restrictions.

RBI: new notes worth Rs.9.2 lakh crore already introduced

18 Jan 2017

RBI: new notes worth Rs.9.2 lakh crore already introduced

RBI governor Urjit Patel stated that new notes worth Rs.9.2 lakh crore have already been introduced in place of Rs.15.4 lakh crore worth Rs.500 and Rs.1,000 notes that were removed from circulation.

Diamond trade hit by demonetization

18 Jan 2017

Diamond trade hit by demonetization

The global diamond industry has been affected by India's demonetization decision. 90% of the world's diamonds pass through India to be processed and traded.

Economy set to rebound soon

16 Jan 2017

Economy set to rebound soon

Central government believes the economy will rebound from June 2017 given that Rs.10 lakh crore new currency has already entered the market.

Ex-SBI chairman accuses RBI of lying on demonetization

16 Jan 2017

Ex-SBI chairman accuses RBI of lying on demonetization

Former State Bank of India chairman Pratip Chaudhuri has alleged that the RBI has been "lying on the face" to Indian citizens about the cash situation.

RBI employees ask the Governor to stop Centre's interference

14 Jan 2017

RBI employees ask the Governor to stop Centre's interference

Employee unions of the central bank wrote to the RBI governor Urjit Patel to take action against Centre's "unwarranted interference".

RBI: Note ban on Centre's recommendation

11 Jan 2017

RBI: Note ban on Centre's recommendation

The RBI has informed the Parliament's standing committee on finance that the note ban was implemented based on recommendations from the Centre just a day in advance.

PMO rejects RTI on demonetization

10 Jan 2017

PMO rejects RTI on demonetization

The PMO rejected an RTI query regarding persons who were consulted before demonetization was announced; the PMO said "Information sought is not available in the record of this office."

44% notes replaced, cash-crunch to end by Feb: Report

06 Jan 2017

44% notes replaced, cash-crunch to end by Feb: Report

A report by the State Bank of India stated that the RBI has replaced 44% of the demonetized currency by 30 December; it added that the cash-crunch is likely to end by February.

NHAI to pay Rs.922 crore over demonetization toll losses

29 Dec 2016

NHAI to pay Rs.922 crore over demonetization toll losses

The National Highways Authority of India will have to pay Rs.922 crore to private toll operators who incurred losses due to the suspension of toll collection after demonetization.

RBI proposed note-ban hours before PM's announcement

24 Dec 2016

RBI proposed note-ban hours before PM's announcement

The RBI revealed that the bank's central board of directors made a recommendation for demonetizing Rs.1000 and Rs.500 notes at a meeting in New Delhi on November 8.

Demonetization highlights the Centre-RBI communication lapses

23 Dec 2016

Demonetization highlights the Centre-RBI communication lapses

The Reserve Bank of India and the Centre don't often see eye-to-eye, even in the best of times; which these post-demonetization days certainly aren't.

PM Modi's demonetization move to spark economic slowdown?

17 Nov 2016

PM Modi's demonetization move to spark economic slowdown?

Prime Minister Modi's recent move to demonetize Rs.500 and Rs.1000 currency notes have stirred political angst and a probable case for economic slowdown in India.