Functioning of CSD
Ministry of Defence
Functioning of CSD
Unit Run Canteens (URCs), commonly known as CSD canteens, are managed from the initially sanctioned funds as grant/loan from the Non Public Funds of the Unit/Organization/Establishment of the Services. URCs can also avail a loan from CSD Head Office, Mumbai on repayment with interest.
As per the laid down policy, 50% of the total profits earned by CSD is being deposited into Consolidated Fund of India. 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 allocation of 4.91% of this amount, the balance is allocated to Army, Air Force and Navy in the ratio of 85:10:05.
Standard Operating Procedures (SOPs) have been laid down by the Services to utilize the profit as per the financial powers of various Competent Financial Authority (CFA).
This information was given by Defence Minister Shri AK Antony in a written reply to Shri Pahupati Nath Singh and Shri Anurag Singh Thakur in Lok Sabha today.
PIB
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