When the Constitution came into force on January, 26, 1950, the Committee became a Parliamentary Committee functioning under the Speaker with a non-official Chairman appointed by the Speaker from among the Members of Lok Sabha elected to the Committee. It is the oldest of all House panels and its job is to keep a vigil on the spending and performance of the government, to bring to light inefficiencies, wasteful expenditure, and indiscretion in the implementation of policies and programmed approved by Parliament, and to make recommendations to streamline the administration for efficient, speedy and economical implementation of policy. This 22 -member Committee comprises 15 members and 7 members from Lok Sabha and Rajya Sabha, respectively. No Minister is allowed to be a member of this panel. The objective behind this standard practice is to eliminate the chance of ruling party influencing or manipulating PAC's decisions. It submits its reports to the speaker of the Lok Sabha.