Functions and Scope Committee on Public Undertakings
The functions of the Committee are to examine the reports and Accounts of the Public Undertakings specified in the Fourth Schedule of the Rules of Procedure and Conduct of Business in Lok Sabha and the Reports of the Comptroller and Auditor General thereon, if any, and to examine, in the context of the autonomy and efficiency of the public undertakings, whether the affairs of the public undertakings are being managed in accordance with sound business principles and prudent commercial practices. The Committee may also examine such subjects or matters which may be specifically referred to it by the House or by the Speaker. The Committee are, however, barred from examining and investigating matters of major Government policy as distinct from business or commercial functions of public undertakings, matters of day-to-day administration or matters for the consideration of which machinery is established by any special statute under which a particular undertaking is established.
Selection of Subjects for Examination by Committee on Public Undertakings
The Committee may select for examination such undertakings/subjects whose comprehensive appraisal appears in the Audit Report (Commercial) presented to Parliament by the Comptroller and Auditor General of India. The Committee also selects on its own certain other Undertakings/subjects for independent examination. The Committee may also select one or more aspects of working of various Public Undertakings for comprehensive horizontal study.