Q. Consider the following statements with reference to the Committee on Public Undertakings:
1. It was created on the recommendation of the Krishna Menon Committee.
2. All parties get their due representation in the Committee on Public Undertakings.
3. It looks at the technical matters of those PSUs that affect national security.
How many statements given above are correct?
Exp) Option b is the correct answer.
To examine the reports and accounts of public undertakings, and the reports of the Comptroller and Auditor General on public undertakings and other matter of PSUs, Committee on Public Undertakings was set up in 1964.
Statement 1 is correct: This committee was created in 1964 on the recommendation of the Krishna Menon Committee. Originally, it had 15 members (10 from the Lok Sabha and 5 from the Rajya Sabha). However, in 1974, its membership was raised to 22 (15 from the Lok Sabha and 7 from the Rajya Sabha).
Statement 2 is correct: The members of this committee are elected by the Parliament every year from amongst its own members according to the principle of proportional representation by means of a single transferable vote. Thus, all parties get due representation in it. The term of office of the members is one year. A minister cannot be elected as a member of the committee.
Statement 3 is incorrect: The Committee does not look into technical matters as its members are not technical experts whether the PSUs’ work is concerned with national security or not. Furthermore, Its recommendations are advisory and not binding on the ministries.
