Answer: 

Introduction:

The Public Accounts Committee (PAC) is a crucial parliamentary committee in India that plays a vital role in ensuring the government’s financial accountability to the people. Its primary function is to examine the annual audit reports of the Comptroller and Auditor General of India (CAG), which scrutinizes the appropriation of funds granted by the Parliament to the government.

Body:

The PAC’s role in establishing accountability can be discussed as follows:

• Examination of accounts: The PAC examines the accounts of the government, scrutinizing how public funds have been spent and whether expenditures conform to the approved budget. By doing so, it ensures that the government is held accountable for its financial decisions.
• Investigation of financial irregularities: The PAC investigates any instances of financial irregularities, mismanagement, or corruption highlighted by the CAG’s reports. It identifies those responsible for such lapses and recommends corrective measures, thereby promoting transparency and accountability.
• Recommendations for improvements: The PAC analyzes the CAG’s findings and provides recommendations to improve the efficiency and effectiveness of public spending.
• Non-partisan nature: The PAC is a non-partisan body, with members from both the ruling party and the opposition. This composition ensures that the committee operates objectively and focuses on holding the government accountable, irrespective of the political affiliations of its members.
• Reporting to Parliament: The PAC submits its reports and recommendations to the Parliament, highlighting any instances of financial mismanagement or deviations from the approved budget.
• Public Opinions: The PAC often conducts public opinions, calling upon senior government officials and experts to provide information and clarify concerns related to the audit reports. These opinions increase transparency, facilitate public scrutiny, and ensure that the government is held accountable for its financial actions.

Conclusion:

By examining the CAG’s audit reports, investigating financial irregularities, and recommending improvements, the PAC ensures that public funds are utilized efficiently and effectively, promoting transparency and good governance.