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Construction : Policy | May 2016 | Source : Infrastructure Today

PAC wants PPP projects under CAG

The Public Accounts Committee strongly favours empowering the Comptroller and Auditor General to examine investment, expenditure and profit aspects in public-private-partnership (PPP) projects. It has decided to call the full CAG before it soon to discuss how to technically empower the audit watchdog in this regard.

The move is significant as it comes in the backdrop of corruption allegations in various PPP projects in the past. The private sector has so far been resisting the move but the committee┬┤s argument is that since public money is spent even in PPP projects, it needs to be safeguarded. The PAC headed by Congress leader K V Thomas has decided to call a meeting of the full CAG, after which it will also be calling representatives from various ministries.

 
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