The annual report of the Committee on Public Undertakings has found fault with some of the Public Undertakings, namely Social Welfare Department, J&K Horticulture Production, Marketing and Processing Corporation (HPMPC) Ltd, State Financial Corporation and Consumer and Public Distribution Department. It has brought out in open some glaring irregularities of these departments/corporations. For example in the case of Social Welfare Department, it has raised objection to the practice of diversion of funds from one head to another head and that too unauthorized. It has also referred to lack of accountability in cases of embezzlement of funds and other serious irregularities. The question is why the Government should wait for the report of the Committees appointed by the legislature to conduct survey and then find out the irregularities to be reported to it. Is it not necessary to have an inbuilt mechanism that would keep checks on the performance of these Corporations and prevent irregularities being done? Supposing that the Committee was not there or was unable to conduct a survey, the result would be that the Corporations would walk away with the irregularities and malpractices. Therefore it is essential that an inbuilt system is made functional to maintain vigilance over the corporations.
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