September 2026 \ News \ PUBLIC SECTOR UNDER REVIEW
Parliament Tightens Oversight

New Delhi: The Committee on Public Undertakings (CoPU), headed by BJP MP Mr Baijayant Jay Panda, presented six reports in Parliament in August examining the performance of Central public sector companies and recommending measures to improve their efficiency, governance and accountability.

The reports included a Comprehensive Examination Report on NHPC Limited; a Horizontal Examination Report on the performance of insurance-sector Central Public Sector Undertakings (CPSUs); and four Action Taken Reports relating to the audit report on the setting up of 25,000 Wi-Fi hotspots by BSNL, the Comprehensive Examination of REC Limited, the Comprehensive Examination of Nuclear Power Corporation of India Limited (NPCIL), and the Horizontal Examination of the performance of petroleum and natural gas-sector Central PSUs.

Together, the reports cover several critical sectors of the economy, reflecting the Committee’s continuing focus on the performance of public sector undertakings and measures to strengthen governance, accountability and efficiency.

Among the key reports was the review of the performance of insurance-sector Central PSUs, in which the Committee emphasised the strategic imperative of increasing insurance penetration across the country and advancing the vision of ‘Insurance for All by 2047’. It also highlighted the opportunity to spearhead digital transformation across the insurance ecosystem and expand inclusive access to affordable insurance products, thereby strengthening financial protection for citizens.

The Committee’s work over the past two years has also been marked by a significant increase in productivity. It presented 12 reports during CoPU 2024–25, followed by 18 reports during CoPU 2025–26. It also set successive milestones by tabling eight reports in a single day in 2024 and 11 reports in a single day in 2025.

For CoPU 2026–27, the Committee has identified 21 subjects for detailed examination, covering key sectors and emerging themes such as aviation, railways, coal, renewable energy investments and the adoption of Artificial Intelligence in PSUs. Its work programme also includes detailed examinations of major CPSUs, including ONGC Videsh Limited, NewSpace India Limited and Cochin Shipyard Limited.

The Committee also acknowledged the valuable contributions, active participation and constructive deliberations of its members, which it said had been instrumental in the effective discharge of its parliamentary responsibilities.




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