The Public Accounts Committee (PAC) is one of the key financial committees of the Indian Parliament, responsible for examining government expenditure and ensuring financial accountability. The committee was first established in 1921 under the Government of India Act, 1919. It consists of 22 members, including 15 members from the Lok Sabha and seven from the Read More…
Thiruvananthapuram: The latest report by the Comptroller and Auditor General (CAG) reveals that Kerala’s public sector enterprises (PSEs) have doubled their overall profit, but some key entities continue to suffer heavy losses. Among the profit-making enterprises, Kerala State Electricity Board Limited (KSEB) led the way with a record profit of Rs 736 crore, contributing 53.79% Read More…