What is the Committee on Public Undertakings (CPU)? UPSC Notes
It’s a parliamentary committee that keeps a watch on government companies — like a watchdog over how public money is used in PSUs such as BSNL, ONGC.
🏛️ What is the Committee on Public Undertakings? It’s a parliamentary committee that keeps a watch on government companies — like a watchdog over how public money is used in PSUs (Public Sector Undertakings) such as BSNL, Air India, ONGC , etc. 📚 Basic Facts to Remember (Simplified) Point Details (Easy Version) Formed in 1964 , after a report by Krishna Menon Committee Total Members 22 members (15 from Lok Sabha, 7 from Rajya Sabha) Elected by Parliament, using proportional representation Term 1 year Chairman From Lok Sabha only , chosen by the Speaker Ministers? No , ministers can't be members 🛠️ Functions of the Committee (With Easy Examples) Function In Simple Words Real-Life Example 1. Check reports & accounts of PSUs Looks at how much money was spent and earned by government companies Example: Did BSNL use its funds correctly last year? 2. Check CAG reports on PSUs Studies the audit reports prepared by the Comptroller & Auditor General Example: CAG reports that Air India lost ₹2000 crore — CPU …