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The Canteen Stores Department, the present organization, thus took birth on 1 January 1948 with a working capital of ₹ 48 lakh (equivalent to ₹ 54 crore or US$6.5 million in 2023) assigned to it from assets of its predecessor wartime organization. The Government of India had granted the organization a life of three years on experimental basis.
The various decorations and medals are worn in the following order: [5] [6] Note that the Police Medals, Fire Services Medals, Correctional Services Medals, Home Guards and Civil Defence Medals, and Tatrakshak Medals are excluded from the above list. The above order of precedence of awards is as per the Indian Army.
Cards may be issued as part of a loyalty program, offering discounts to existing customers to ensure their continuing custom; they may be offered free of charge, offering a modest discount with the intention of persuading purchasers to patronise participating shops; or they may be sold to members, offering larger discounts—for example, the tastecard offers 50% discounts at many restaurants ...
The defence budget of India was increased to ₹621,940 crore (US$75 billion) in the 2024-2025 union budget from ₹593,538 crore (US$71 billion) during last year. This year’s defence budget accounts for 1.89% of the country’s projected gross domestic product (GDP) for 2024-25. [15]
First batch of 70,000 guns imported from Russia are in service. [36] [37] Second batch of 35,000 rifles delivered by Indo-Russia Rifles in 2024. [38] [39] 601,427 rifles to be manufactured in India. Total plan is of 670,000+ rifles. Will be the standard service rifle of Indian Army replacing INSAS [40] SIG 716i. Battle rifle.
The military budget of India is about 1.49% for year 2018–19 of the total GDP. However, it spends nearly an equal amount in importing arms from other countries. Its defence expenditure for the 2017–18 fiscal year, based on allotments by its Ministry of Finance was 86,488 crores for defence capital and 2,96,000 crores for defence pensions.
The NFP campaigned on an expansive economic platform, promising to raise the minimum monthly wage to 1,600 euros (more than $1,700) and to cap the price of essential foods, electricity, fuel and gas.
Operation Vijay. 1961. Goa, Daman & Diu. The operation by the Military of India that led to the incorporation of Portuguese India (Goa, Daman, and Diu) into India. 5. Operation Ablaze. 1965. Indo-Pak Border (Western sector) Operations by the Indian Army along the western border in May-June 1965, following Pakistani attack in the Rann of Kutch.