CSD : Turnover and Profit of Defence Canteens

Ministry of Defence

Canteen Stores Department (CSD) : Turnover and Profit of Defence Canteens

PIB: 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)

Year Turnover Profit 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.

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