Joshi has been chairing the Estimates Committee from last three terms starting August 2014. Lok Sabha Speaker Sumitra Mahajan appointed him as the head of the panel on May 1.
Besides Joshi, there are 29 members in the panel.
All the members, including the chairman, are selected from the sitting MPs of Lok Sabha.
The functions of the committee are to suggest alternative policies in order to bring about efficiency and economy in administration.
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It examines the reports and accounts of Public Sector Undertakings (PSUs) and that of Comptroller and Auditor General (CAG) on the state-run firms.
The panel on PSUs also keeps a close watch on whether the affairs of the PSUs are being managed in accordance with sound business principles and prudent commercial practices.
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