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PAC Conference Passes Resolution to Strengthen Financial Oversight

Government news – VoiceOfGP

According to a Lok Sabha Secretariat release, the Chairpersons and Members of the Public Accounts Committees (PAC) of Parliament and State/UT Legislatures adopted a resolution at a conference in Thiruvananthapuram on 4 November 2026.

The resolution focuses on the evolving role of public accounts committees regarding audit, accountability, and good governance. It outlines several measures, including establishing a digital portal for peer learning, creating a digital oversight system like the Audit Para Monitoring System (APMS) in all State and UT PACs, and formulating an action plan to set standardized timelines for submitting Action Taken Notes.

Additionally, the participants resolved to hold a minimum of three sittings each month, constitute sub-committees to clear pending audit observations, strengthen collaboration with the office of the Comptroller and Auditor General (C&AG) to use forensic tools, and enhance institutional capacity through regular training.

What it means

  • State and UT PACs will consider holding a minimum of three sittings each month and forming sub-committees to examine and clear pending audit observations.

Source

Press Information Bureau, Government of India, “Conference of Chairpersons of Public Accounts Committees of Parliament of India and State/UT Legislatures, Thiruvananthapuram, Keralam 3-4 November, 2026 Resolution”. Read the original release.

Summary of an official release for general information only. Not investment advice. Read the original source before acting on any information.

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