← Back
Article image
πŸ“° News ⏱ 2 min
πŸ”‘

Key Points

5 points
1

Annual Day celebration on 1 October, New Delhi

2

Launch of integrated financial IT systems for the defence sector

3

Release of defence expenditure handbook and pension system film

4

Recognition awards for department officers and staff

5

Department has served since 1747, supporting defence finance

πŸ“–

Summary

Defence Minister Rajnath Singh will attend and launch several information technology initiatives to improve financial management.

Key initiatives include linking the Indian Army Financial Information System with the department’s SAKSHAM platform, updating the National Compilation System, and introducing the Payment Routing and Integrated System Management platform.

The minister will also release publications such as the Comprehensive Statistical Handbook on Defence Expenditure and a short film on the defence pension system.

Awards will recognize staff members for their contributions to these projects.

πŸ“˜

New Words to Learn

9 words
initiative
a new plan or project
integration
joining different systems together
platform
a computer system that helps do work
handbook
a book with useful information
pension
money paid to someone after they stop working
audit
checking that money records are correct
compilation
collecting many pieces of information together
system
a set of connected parts that work together
financial
related to money
πŸ”— Read Full Article β†’

Want to learn even more? Click here to read the full story!

πŸ”Š Reading Article
Kid-friendly voice
πŸ†

New Badge Unlocked!

Badge Name
Badge description