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India Gazette
15-05-2025
- Business
- India Gazette
Meeting of Public Accounts Committee of Parliament to be held today
New Delhi [India], May 15 (ANI): The meeting of the Public Accounts Committee of Parliament will be held in the Parliament House Annexe in the national capital on Thursday. The meeting will be held at around 11 am in which representatives of Ministry of Railways (Railway Board) will brief the Committee on the subject of 'Working of Mancheswar Carriage Repair Workshop in East Coast Railway and Construction of 5th and 6th line between Chhatrapati Shivaji Maharaj Terminus (CSMT) - Kurla Station' based on C&AG (Compliance Audit) Report No 2 of 2025. Earlier on May 5, Congress leader KC Venugopal was re-appointed chairperson of the Public Accounts Committee (PAC), which was constituted on May 1. The Committee on Public Accounts, which is the oldest and the most prestigious Committee of Parliament, is constituted every year for examination of accounts showing the appropriation of sums granted by Parliament for expenditure of the Government of India and such other accounts laid before Parliament as accounts of autonomous and semi-autonomous bodies, the Lok Sabha Secretariat stated. The Committee also examines the Reports of the Comptroller and Auditor General of India on various subjects like Civil, Defence, Posts, Railways and Taxation, and it also examines the C&AG Reports on Performance Appraisals of various Centrally Sponsored Schemes and also on subjects selected suo moto. Meanwhile, the Reports of the Comptroller and Auditor General of India, the Committee examines instances of financial irregularities, extravagance, losses, delays etc and it also scrutinises in depth, various aspects of the Government's tax administration. Since 1967, a convention has been established whereby an eminent leader from the Opposition in the Lok Sabha is appointed as the Chairperson of the Committee on Public Accounts. In the past, the Committee has been chaired by eminent Parliamentarians such as Prof. NG Ranga, MR Masani, Atal Bihari Vajpayee, Jyotirmoy Basu, HN Mukherjee, PV Narasimha Rao, R Venkataraman, Dr Murli Manohar Joshi etc, Lok Sabha Secretariat stated. During the first year of the 18th Lok Sabha, the Committee on Public Accounts (2024-25) demonstrated remarkable diligence, scrutinising a wide array of performance appraisal subjects alongside routine transaction audit paragraphs from the Reports of the Comptroller and Auditor General of India. (ANI)
India Today
05-05-2025
- Business
- India Today
India's tallest academic block: VIT-AP University
VIT-AP University sets a milestone with the grand inauguration of the Mahatma Gandhi Academic Block, India's Tallest Academic Block. The Mahatma Gandhi Academic Block, standing 45 meters tall and spanning 7.68 lakh square feet is a testament to modern architectural and educational innovation. This cutting-edge facility includes advanced classrooms, lecture halls, gallery spaces, and a 700-seat CM of Andhra Pradesh Nara Chandrababu Naidu recently inaugurated Mahatma Gandhi Academic Block, and the new Men's and Women's hostel blocks namely VV Giri block (2.31 lakh sft), Acharya NG Ranga block (2.26 lakh sft), and Durgabai Deshmukh block (2.26 lakh sft). advertisementHe also launched V-Launchpad-2025 (Global Innovators Challenge). The Honourable CM, who had graciously laid the foundation stone for the VIT-AP University's Central Block in 2016. His esteemed presence marks a significant milestone in VIT-AP University's ongoing pursuit of academic excellence and innovation. V-Launchpad 2025, a Global Innovators Challenge, organized by the VIT-AP School of Business (VSB), Innovation Incubation and Entrepreneurship Cell (IIEC), and VIT-AP Technology Business Incubation Foundation (VTBIF), offers a platform for budding entrepreneurs to pitch innovative business concepts with mentorship and incubation support. V-Launchpad, a groundbreaking initiative designed to foster innovation, entrepreneurship, and leadership among students and in its 4th edition, this year's challenge has gone global, with 800 teams registered from premier national and international institutions, including IITs, IIMs, NITs, Rochester Institute of Technology (USA), Arizona State University, IBS Global (Poland), and others. Themed around 'Sustainable Solutions for Swarnandhra @2047', V-Launchpad 2025 aims to catalyse transformative solutions addressing global praised VIT Chairman Dr G Vishwanathan for his success story, having moved from humble beginnings to set up VIT, a globally recognised educational institution. He recalled how Vishwanathan sought approval to set up VIT in Amaravati in 2014, emphasising the State's commitment to education and innovation."This inauguration, built upon the vision of CM Shri Nara Chandrababu Naidu, propels Amaravati toward becoming a global knowledge and innovation hub. The newly inaugurated blocks and V-Launchpad 2025 initiative reaffirm our unwavering dedication to nurturing talent, fostering entrepreneurship, and advancing educational excellence." said Dr. G. Viswanathan, Founder & Institute of Technology - Andhra Pradesh (VIT-AP University), the single largest establishment with a built-up area of 44 lakh square feet, Located in Amaravati, Andhra Pradesh. It is a leading institution of higher education, known for its world-class infrastructure, global academic collaborations, and commitment to innovation. With modern facilities including the Sarvepalli Radhakrishnan Block, APJ Abdul Kalam Block, and newly inaugurated Mahatma Gandhi, V. V. Giri, Acharya N. G. Ranga, and Durgabai Deshmukh Blocks, the university fosters an environment of holistic learning and cutting-edge Watch
