Estimates Committee
The Estimates Committee (India) is a committee of selected members of parliament, constituted by the Parliament of India (the Lok Sabha), for the purpose of scrutinising the functioning of government ministries and departments in terms of expenditure and utilisation of funds. It also suggests alternative policies in order to bring about efficiency and economy in administration. It also examines whether the finances are laid out within the limits of the policy implied in the estimates and also to suggest the form in which the estimates shall be presented to Parliament. This committee along with the Public Accounts committee(PAC) and Committee on Public Undertakings (COPU) are the three financial standing committees of the Parliament of India.
Financial Standing Committee | |
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16th Lok Sabha | |
Founded | 1950 |
Country | India |
Leadership | |
Chairperson | Vacant |
Chairperson party | Bharatiya Janata Party |
Appointer | Lok Sabha Speaker |
Structure | |
Seats | 30; all from Lok Sabha |
Political parties | BJP (16) INC (2) |
Election criteria | The members are elected every year from amongst its members according to the principle of proportional representation. |
Tenure | 1 year |
Jurisdiction | |
Purpose |
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Sub-committees | |
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Rules and Procedures | |
Applicable rules | Rule 310,311 & 312 (page 114 - 115) |
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The committee consists of thirty members, all elected from Lok Sabha, the lower house of the Parliament of India. The members are elected every year from amongst its members of the Lok Sabha, according to the principle of proportional representation by means of single transferable vote. The chairperson is appointed by the Lok Sabha speaker. The term of office of the members is one year. A minister is not eligible to become a member of the committee or continue to serve after appointment as a minister. There are no members from Rajya Sabha
Currently the committee is headed by Girish Bapat from the Bharatiya Janata Party.