New Delhi: The Committee on Public Undertakings on Saturday declared it has selected several subjects, including Coal India Ltd, Indian Oil Corporation Ltd and Bharat Sanchar Nigam Limited for a comprehensive examination during 2012-13.

The Committee also listed Mahanagar Telephone Nigam Limited, Rail Vikas Nigam Limited, Hindustan Petroleum Corporation Limited, Rashtriya Chemicals and Fertilizers Limited as the subjects chosen for the examination.

Other organisations that would be examined include Bharat Electronics Limited, National Hydro-electric Power Corporation Limited, Hindustan Aeronautics Limited, Food Corporation of India, India Infrastructure Finance Company Limited and Pawan Hans Helicopters Limited.

Fertilizer Corporation of India Limited and Agriculture Insurance Company of India Limited are the other subjects chosen by the Committee.

The Committee on Public Undertakings is a Parliamentary Committee consisting of 22 members. Fifteen are elected by the Lok Sabha and seven by the Rajya Sabha from amongst their members.

Among its functions, the Committee examines the reports, if any, of the Comptroller and Auditor General of India on the Public Undertakings and also examines the Public Undertakings in the context of autonomy and efficiency.

The Committee also chose ten subjects based on Audit Paras contained in CAG Reports relating to various public undertakings.
The Committee will also study issues related to Corporate Governance in select Central Public Sector Undertakings (CPSUs), Corporate Social Responsibility in select CPSUs, Sick, Loss Making and Closed CPSUs and Public-Private Partnership in select CPSUs.

(Agencies)

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