Csd , urcs , private ventures
Guest
(Querist) 09 December 2011
This query is : Open
URCs are Private Ventures.CSD is a solely owned govt enterprise but govt of India though bleeds to provide this extraordinary facilities to the private ventures a meagre 50 % only passed onto CFI. Look at the post below:-
:Turnover of Defence Canteens
Turnover, Profit and Profit distributed to beneficiaries after depositing 50% in Consolidated Fund of India (CFI) of Canteen Stores Department (CSD) during the last three years, year-wise, is as under:-
(Rupees in Crore)
Profit distributed to beneficiaries
2007-08 84.44
2008-09 6955.11, 203.69 101.84
2009-10 8689.80, 226.53,113.26
2010-11 9534.29
Annual accounts for this period are under finalization.
"As per laid down policy, 50% of the total profits earned by CSD is being deposited into Consolidated Fund of India (CFI). The remaining 50% is distributed to various beneficiaries as determined by the Competent Authority. As per policy in vogue, after deduction of regular and adhoc allocations of 4.91 % of this amount, the balance is allocated to Army, Air Force and Navy in the ratio of 85:10:5.
This information was given by Defence Minister Shri AK Antony in written reply to Shri Ram Krjpal Yadav and Shri Shadi Lal Batra in Rajya Sabha today."
Would somebody except those who thinks they are for the poor and needy people only please help me to get a copy of the " As per laid down policy 50 % of the total profits-----" as quoted by the Def Min of India. I have tried through RTI route but denied invoking JAG Army letter which has inferred that URCs are private ventures , not instrumentality of States and hence not covered by RTI Act 2005. That huge sums of money ( ours and yours money) for the past fifty years is going into pockets of some private individuals who are not accountable to either OVERSIGHT COMMITTEE/CAG , Defence Audit . It is a serious matter. And I need help.
