Canteen Stores Deptt , a solely owned central govt undertakings procure goods from the manufacturers and then sale it through retail outlets in the name of Unit Run Canteens . In the bargain the Canteen Stores Deptt makes some profits which is peanuts in comparison to the total expenditures incl capital outlay borne by the govt of India from its CFI ( Consolidated Funds of India ).
However the Canteen Stores Deptt transfer a huge chunk of so called profits, from sale of goods at wholesale price to the Unit Run Canteens, to the URCs held by the military as well as civil govt establishments such as Defence Accounts.
The URCs run in the premises in the built up accomodations in the units / civil govt eastblishments accrue a huge profits due to sale of those items recd at the wholesale rates and sold at Retail Rates to the troops / civil employees.
The profit accrues by sale of goods at retail rates coupled with Quantative Discount ( share of profit recd from Canteen Stores Deptt ) is then merged with so called Regimental Fund which is considered a private Fund abused by Public officials .
My question is how come profits accrued from the sale of goods procured by Canteen Stores Deptt be converted as Private Fund and merged with the CFI ?
